Vegetable Farm for Sale in Usa River, Tanzania
Established | 30-40 year(s) |
Employees | 100 - 500 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1.8 million |
Run Rate Sales | USD 1.7 million |
EBITDA Margin | Operating at loss |
Industries | Vegetable Farms |
Locations | Usa River |
Local Time | 8:59 AM Africa / Johannesburg |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The business has two major products: green French beans and chives.
- The business can produce 10 tons of chives and 14,000 tons of green French beans per month.
- The produce is sent to distributors who then deliver it to retailers.
- Currently holds a distribution contract with over 20 distributors.
- Due to economic crises, the revenue has had a marginal drop, and the business is not currently profitable; however, the owners are optimistic that it can become profitable within the next three months.
- The business boasts a well-established greenhouse and open field, with 22 clients, including 10 core clients.
- The business possesses a Certificate of Incorporation and a tax certificate.
Chives - wholesalers of fresh produce in Europe.
Other products - basil, chiles, rosemary, Rhodes grass for feed.
Irrigation equipment is worth USD 300k, transport equipment is worth USD 80k, greenhouses worth USD 200k, and packhouse equipment, cooling rooms, irrigation systems, and crops in the ground are all worth 400k.
Intangible: existing customer base, experienced management team, supplier network, established brand.
- Since its establishment, the lease has been renewed every three years. The operation includes 100 hectares of irrigated outdoor crops and 65.954 hectares of greenhouse cultivation.
- Facilities on the leased land include packhouses, offices, workshops, stores, and four residential properties.
- The owners have shifted to Usa River to handle the operations efficiently.
5 Shareholders 49.92% 28,54%, 15,49%, 3.67%, 2,74%.