Vegetable Farm for Sale in Pune, India

For Sale: Established and well known hydroponic cherry tomato production farm located in Pune.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Vegetable Farms
Locations  Pune
Local Time 9:48 AM India
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 100 thousand (Native Currency: INR 7,000,000)
Reason: Owner would like to exit from this business due to personal reason.
Includes physical assets worth USD 80 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

Agriculture business that produces cherry tomatoes using hydroponic system. After production, we sell the tomatoes to 30 retailers and wholesalers in Pune, Mumbai, Bangalore, Kolkata and Delhi. We deliver the products using third party courier service. We buy the raw materials from 10+ vendors.

Due to COVID-19, our run rate revenue has dropped as we were not operational for 4 months. We have restarted our operations and will start generating revenue again from next month. On a yearly basis, we produce 25 MT of tomatoes but this year due to COVID-19, we will be able to only produce 10-12 MT.

Farm land is leased, however, the infrastructure on it was constructed by our firm. Facility has 2 polyhouses, 2 irrigation and 2 labour rooms respectively. The shade net of the polyhouse has a height of 6.5 meters and has 200 Micron UV film (covers 80% of the total area). Facility also has tunnel construction, weed mat flooring (50 Micron woven fabric), water storage, growing troughs, automated fogger & drip system, plant support system, spray technology, monitoring tools, electrical & plumbing facility, integrated pest management system and a generator of 25 kVA.

Total size of the farm is 5 acres, however, we only use 2 acres of land. We have rented the entire 5 acres but since we have good mutual understanding with the landlord, we only pay the rent for 2 acres which we are using. Total yearly rent for 5 acres land is INR 2.25 lakh, however, we only pay INR 90K per year for 2 acres of land. The rent amount is low as it's an agricultural land. Business owned assets include infrastructure, farming tools and equipment. The interested buyer would have to enter into a new rental agreement in case they wish to continue on the same premises.

Products & Services Overview

Produces 12 varieties of cherry tomatoes.

Facilities Overview

Rented land of 5 acres in Pune. Have paid INR 2.5 lakh as security deposit.

Recent Activity
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
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