Orchard Investment Opportunity in Khatra, India
Fruit orchard in West Bengal with 20-acre land with a pond seeks investment for expansion.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 28 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Orchards |
| Locations | Khatra |
| Local Time | 12:54 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
59 thousand
for
30.0%
stake
(Native Currency: INR 5,000,000)
Reason: The business wants investment to increase the cultivation area, start dairy production, fisheries an...
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Includes physical assets worth
USD
52 thousand
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Business Name
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Business Overview
- Fruit and vegetable farm in West Bengal.
- We grow different types of fruits and vegetables on the farm.
- We have about 20 acres of agricultural land on leasehold but we are only utilizing 12 acres of it.
- We sell our products to organic retail stores across West Bengal and in mandis to small scale retailers.
- Most of the fruit trees were planted 12 years ago. They have recently started yielding fruits and the fruit yield will increase from now on.
- Promoter started this business as a passion and would now like to improve the business further.
- The farm was setup 12 years ago and was taken on leasehold about 3 years ago by the current promoter.
- In season there is about 10 extra labour that works on the farm.
- We have the leasehold agreement for the farmland.
- We grow different types of fruits and vegetables on the farm.
- We have about 20 acres of agricultural land on leasehold but we are only utilizing 12 acres of it.
- We sell our products to organic retail stores across West Bengal and in mandis to small scale retailers.
- Most of the fruit trees were planted 12 years ago. They have recently started yielding fruits and the fruit yield will increase from now on.
- Promoter started this business as a passion and would now like to improve the business further.
- The farm was setup 12 years ago and was taken on leasehold about 3 years ago by the current promoter.
- In season there is about 10 extra labour that works on the farm.
- We have the leasehold agreement for the farmland.
Products & Services Overview
We are a farm producing fruits like mosambi, jackfruit, and mango, and Sapodilla (chicoo); and vegetables like lemon.In the future, we plan to start mushroom cultivation, vermicomposting, dairy, fisheries, and gotari.
Mosambi is our top selling product and these are sold in the months of June, July, August, and September. These products are sold in wholesale markets to retailer and also directly to a few retail customers.
Assets Overview
Personal tractor of a friend is used during sowing and for transportation. Physical assets include tools for the labour and the shed infrastructure on the farm.The farm has been taken on a leasehold for 20+20 years at a value of INR 2 lakh per year. Leasehold was for INR 40 lakh, it has 17 years remaining and the value today stands at INR 34 lakh.
Facilities Overview
The farm operates on a 20-acre leasehold land near Fulkusma gram panchayat in the Bankura district of West bengal. 12 acres of the 20 acres is being used for cultivation.The land is on a leasehold of 20+20 years (renewable after 20 years). The leasehold amount is INR 2 lakh per annum (INR 40 lakh).
The farm has 1,000 mango trees, 200 Safeda trees, 200 lemon trees, a 4,000 sq. ft. store room/shed, 600 sq. ft. staff room, 200 sq. ft. office, 1 acre pond (will used for fishery), and a 20ft*66ft vermicomposting pit.
The leasehold agreement will be redrafted once an investor comes in and they will get 30% ownership in the leasehold as well.
Capitalization Overview
- The business is funded through a mix of its profits and an outstanding loan of INR 15 lakh.- Currently there is only one owner.
Recent Activity
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Earlier than 15 daysFounder & CEO, IT Services, Kolkata, Individual Investor / Buyer connected with the Business
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