Profitable Absentee Hemp Farm

, California 3 views 0 favorites

Financial Highlights
Asking Price
$435,000
Revenue
$750,000
Business Description

Very profitable and fully staff managed completely legal hemp cultivation in Imperial Valley. Grow your net profits at roughly 75% ROI year after year. Expert staff and labor manage all aspects of the operation from planting to maintenance to harvest to processing and sales. The latest harvest (only 1 of 2 annually) yielded the following for the current owner: Total revenues from harvest and diversified product sales - $750,000 Fully allocated COGS and Operating Expenses - $425,000 Net profit - $325,000 The farm operation has about 7 acres of greenhouse operations and outdoor growing of about 20 acres (of which the latest harvest only used 6 acres). The land is leased; no need to purchase separate real estate. Up to 100 acres may be leased and operated. Contact for an appointment to learn more and tour the farm. This is a great opportunity to own a strong cash-flowing business as a true absentee! Location: Imperial, California Year Established: 2019 Number of Employees: 10 Facilities: Greenhouse operations covering 10 acres (7 yielding) Market Outlook/ Competition: Some but this business is leading with strong customer base and diversified crops and products. Growth & Expansion: Huge growth opportunity with multiple harvests per year and 3x the acreage to expand into.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 2 weeks ago

Views: 3

Favorites: 0