↩ Go Back
Need help?

Newly Established Vegetable Farm Seeking Loan in Sohar, Oman

Vertical greenhouse farming venture in Sohar, targeting both local and international markets, seeking funding.

Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Vegetable Farms
Locations  Sohar
Local Time 5:05 AM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 390 thousand for 9.0% annual interest, 4 years (Native Currency: OMR 150,000)
Reason: Seeking funding for procuring equipment, greenhouses and seedlings, licenses including exporting, hi... View More
Collateral Available: USD 0
Includes physical assets worth USD 650 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Vertical greenhouse farming venture in Sohar, strategically positioned to cater to both the local and international markets for organic vegetables, fruits, and wheatgrass.
- The primary focus of the business is on producing and selling organic vegetables for the international market, leveraging the high demand for such products.
- In addition to vegetables and fruits, the business will also produce organic wheatgrass for livestock, catering to the growing demand for organic animal feed.
- The business plans to start with 3 to 4 1,000 m2 greenhouses, fully equipped and set up with the assistance of a reputable vertical farming supplier, ensuring efficient and high-quality production.
- The potential for revenue generation is substantial, with estimates suggesting an annual revenue in the million, reflecting the lucrative nature of the organic produce market.
- The global food shortage and increasing demand for high-quality organic produce present a significant opportunity for the success and growth of the business in both local and international markets.
Products & Services Overview
Produce local and organic vegetables and fruits, herb plants for medicine making and also organic wheat grass for livestock that we can export as well.
Will be supplying to local and export retailers and markets.
Assets Overview
Physical assets include the land owned for starting the business.
Facilities Overview
Own a 70 hectare farm which is ideal to set up vertical greenhouses in Al Jufrah Street, Sohar.
Capitalization Overview
Self-funded.
No outstanding loans or liabilities.
There is 1 owner.
Recent Activity
  • Earlier than 15 days
    Business Advisor, Muscat, Financial Consultant connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more