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Organic Farming Company Investment Opportunity in Muscat, Oman

State-of-art agriculture technology-driven business that plans a highly productive hydroponics vertical is seeking capital.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Organic Farming + 1 more
Locations  Muscat
Local Time 3:28 PM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 3.8 million for 40.0% stake (Native Currency: OMR 1,462,000)
Reason: Funds are required to start this project as it is first of its kind tech in Oman.
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Business Overview

- We plan to convert the basement of a commercial building into a highly productive hydroponics vertical strawberry farm, using a unique high-end technology with our Canadian partners.

- Currently, we have not yet started any operations and are still in the planning phase, hence we have not reported any revenue.

- We are already in talks to sign the lease agreement for a 1,000 sq. meter basement area in Muscat.

- The technology, floor plan, pipes, equipment, and entire infrastructure will be provided by our Canadian partner with whom we have already signed the contract.

- Have identified a few suppliers for raw materials required for the strawberry plantation and fertilizers.

- We will form another company once the investor comes in and join 4 other directors who own a 50:30:10:10 stake holding in this company.

- Currently, this company does not have any loan.

- We intend to produce high-quality, nutritional, and flavourful fruits and vegetables for consumption in both local and international markets.

- We will generate revenue by selling the products in hypermarkets as there is a high demand for strawberries in Oman and currently nearly 2,200 tonnes are imported yearly.

Products & Services Overview

Strawberry production with an indoor vertical hydroponics in basement.

Assets Overview

Business does not own any physical assets as of now.

Facilities Overview

1,000 sq. meter commercial unutilized basement in Oman. Currently, we are in the process of signing the lease with the landlord.

Capitalization Overview

Right now we are at the seed funding stage where we are locating for an investor to start the company.

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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.
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