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Profitable Commercial Nurseries Company for Sale in Markopoulo Mesogaias, Greece

Fully equipped glass greenhouse for sale in Almyros, Greece, with a medicinal cannabis cultivation license.

Established 30-40 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales USD 410 thousand
Run Rate Sales Nil
EBITDA Margin 25 %
Industries Commercial Nurseries + 1 more
Locations  Markopoulo Mesogaias
Local Time 12:17 AM Europe / Athens
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.44 million (Native Currency: EUR 1,400,000)
Reason: The owner has decided to retire from the business and does not have anyone who can continue running ... View More
Includes physical assets worth USD 1.44 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- The business is a fully equipped glass greenhouse located in Markopoulo Mesogaias, Greece, with a medicinal cannabis cultivation license.
- Business previously operated in the commercial nursery industry, with a focus on selling vegetables, particularly lettuce, and house plants.
- The greenhouse previously generated annual revenues ranging from €300,000 to €500,000 from the sale of lettuce and house plants.
- Currently, the business has 45 employees, and the production plant is currently closed. However, with a little investment, the plant can be re-started.
- Business received a medicinal cannabis cultivation license, and the investors initially planned to shift the business to the production of medical cannabis. However, this plan was halted for unspecified reasons.
- The business possesses a valuable medicinal cannabis cultivation license, which can be transferred to the new owner for the cultivation of medical cannabis.
- The business offers a unique opportunity for investors or entrepreneurs looking to enter the medicinal cannabis market in Greece.
Products & Services Overview
The business sold vegetables, and the most sold product was lettuce.
Assets Overview
The physical assets included in the transaction are:
15,000 sq metre greenhouse worth EUR 5 million.
47,000 sq metre land worth EUR 500k along with a set-up which It contains tables for plant growth, heating and hydroponic systems, thermal screen, store, cooling room and transport lorries.
The newly installed hydroponics system alone cost €500k.
The total value of physical assets included in the transaction exceeds EUR 5.5 million, but the owner has decided to sell the business at a discounted valuation of EUR 1.4 million.
Facilities Overview
The business operated in a 15,000 sq meters fully equipped glass greenhouse in Almyros, Greece.
Capitalization Overview
The business has 5 shareholders and is fully self financed. The business is debt free.
Recent Activity
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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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