This is a hydroponic herb farm founded in 1996 specializing in select herbs such as basil, arugula, mint, tomatoes, etc. The brand name has an exceptional reputation and long term relationships with big-name stores/distributors. The seller has invested years of experience in creating this hydroponic farm with the structures and systems in place which is now self-automated to the point at which the owner is now absentee-status. The seller is involved with a new investment which is consuming all of his time and capital. This is a great opportunity to expand the brand name with various other herbs, etc.
The farm is located on 8-acres of land (included in the sale price) on a main road close to business’s main customers. The real estate has been modified with all of the structures/systems in place at an initial cost of $1.4M. The real estate will serve as a high return on investment as the area is poised for future development with a resell in 10+years. The business itself has a value of $1M, which is included in this offering.
Asking Price $3,500,000
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