Ellis Corporate Phone : (08) 93 ****
David Ellis
08 93 ****

0438 ****

HORTICULTURAL Hydroponic Business

Listing Id : 241819

Location : Western Australia -Perth

Category : Agricultural

Asking Price : 1,430,000

Business description

" A longstanding easily operated Business which provides a Country-feel lifestyle with bonus City-outskirts convenience".

The Business model is designed in the growing & supply of gourmet vegetable lines. All produce is grown in hydroponic greenhouses which is then harvested, processed, and delivered to the local market wholesalers The business operations were established some 25 years ago & have been successfully trading intermittently with 2 owners since then. The produce is of gourmet quality and supplies to a niche market.

Key points to what investments are on offer here - & "quoting from the vendors IM summary", include :

# the Business and Property are offered on a wiwo basis & presents firstly great medium to long term investment potential in the valuable Freehold Land holding that is within a government restructure program for rezoning to residential subdivision on or before 2**** **** .

# secondly the Property currently presents a well established niche market Horticultural Business with an ongoing profitable model that has been successfully operating over many years; & also offers great potential for expansion to the extent of doubling the income stream by developing the currently unutilised land.

# the Farm as currently operated has a hydroponic crop carrying capacity of 6000 plants which are turned over every three months thus giving 3/4 crops annually. The current p/t owner-operators uses staff assistance but the existing operations can be run by a dedicated f/t couple we're advised.

# the Water License allocation attached to the freehold property allows conservatively for a 100% increase to current grow out capacity. This would obviously require further investment by way of more greenhouses.

# there are approximately 5 unused Acres which could also lend itself to field growing of produce.

# a Summary of the Assets included in the sale are priced here as:

- all the Horticultural Businesses: plant, equipment & machinery as extensively listed in the operation of the farming business including key items such as 12 greenhouses, plant & machinery shed, packing & processing shed, 5 pallet cool room, forklift & much more: & including a token price for Business Goodwill value, including the currently seeded crops: at an estimated replacement cost value of $280K.

- Water License allocation granted exclusively to the property & attractively priced: at estimated value of $100K.

- Land & Residential improvements including attractively homely 3x2 brick & iron residence plus separate timber managers/staff cottage: at original cost & estimated value $1050K.

Accordingly the Rural Business Assets plus Freehold Property - combined at $1430K present an unique Home & Land package on acreage plus a viable current on-site Business Opportunity plus a genuine Medium term Investment Opportunity.

NB: " the current owner-operators have worked p/t in the business & are now committed to ANO venture & as a result a reduction in the formerly assessed Selling Price of this Freehold Land & Business by some $250K has been agreed ".

Property inspections plus full details on all of the above, including prior produce & trading reports with vendors business financials, are available to suitably qualified & seriously intending prospective purchasers - by contacting the exclusive selling broker David Ellis on**** **** .

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