Northern CA Olive Farm & Wholesale Co-packer

California

Olive Farm
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Asking Price: $1,349,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: $329,000

FF&E: $0

Inventory: $300,000*

Real Estate: $2,397,000*

Established: N/A

*not included in asking price.

Northern CA Olive Farm & Wholesale Co-packer

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Business Description

The owner of a premium 20 + - acre farm with a desire to retire, has made a unique special opportunity for the savvy investor! This great revenue generating farm in Northern California includes a 25,000 sf production and packaging facility. The property has been in the family for nearly three quarters of a century. The farms primary product is commonly found in nearly every refrigerator and pantry in the U.S. and across the wider world. This producer grows one of the nations “gold standard” of this gourmet product. The healthy plant-based food products are farm grown and imported from the Mediterranean sun bathed countries. The products are vary with olives as the major production.

Their product has long been acclaimed on food websites and the national press that has generated increased demand and applications for their specialty product. The farm enjoys robust and predictable wholesale revenues, while the company websites continue to grow the retail end of the business.
• Profitability has grown steadily of the years. The introduction of automated processing and packaging equipment has reduced labor costs and enhanced profit margins. EBITDA (adjusted Net Profits) will be roughly $329,000 for FYE 6.30.2021. Current inventory is approximately $300,000.

The business is attractively offered at $1,349,000, plus inventory at close of escrow. The business includes all of the machinery and inventory to operate the enterprise. A new water treatment and electric generators made this premium farm utilities self sufficient in event of water shortages.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
20,000
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Nick Mercuro

Business Listed By:
Nick Mercuro

Pacific Business Advisors


Sponsoring Broker:
Fred Mercuro

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