(SOLD) Homesteading Co. Creating and Servicing Organic Home Gardens
Price: $2,400,000
Location: Connecticut
Industry: Agriculture
Listing ID: 09122023
This Business is currently in LOI and not available to new Buyers.
High-end Organic Homesteading Service company founded 10 years ago in Fairfield County, CT to meet the needs of affluent clients in the rapidly growing “homesteading” sector. Business is centered on the design, construction, and maintenance of custom organic home farms/gardens with annual, RECURRING maintenance service contracts with ~200 clients. Service extensions already established in beekeeping, gourmet mushrooms, and personalized maple syrup using sap from client properties.
Current service area includes high-income southwestern CT and NY with immediate expansion potential to adjacent territories, as well as franchise to other affluent suburban areas. Business has a solid record of consistent growth, with strong branding and little/no established competition. Has an active website and online presence with 5-star Google ratings.
Positive work culture and clearly defined mission/vision attracts highly skilled and dedicated employees who believe in the organic food movement. Currently employs ~24 staff year-round. Proprietary software allows for systematized operations as company continues to grow.
Real estate includes 4 buildings on 11.5 acres with potential for further development. Owner prefers a package deal asking $2.4M for the business and approximately $2M for the real estate for a total of 4.4mm but willing to separate business from real estate. Property will be appraised at a later time.
Owners are looking to retire and sell to growth-minded owner who supports the mission. This is a technology oriented “Martha Stewartesque” business that provides white-glove service and caters to the needs and interests of the increasing pool of clients who value organic and sustainable lifestyles. There is no other business like it.
Listing Details
Gross Revenue: $2,400,000
Cash Flow: $456,000
EBITDA: $456,000
FFE: $200,000 (Included in Price)
Inventory: $50,000 (Included in Price)
Real Estate: $2,000,000
Reason For Sale:
Retirement
Training & Support:
Will Provide
Operation
Employees: 24
Location
Square Footage: 11.5 acres
Facilities Information:
Real estate includes 4 buildings on 11.5 acres with potential for further development.
Summary
Competition:
No competition
Potential Growth:
Exponential! This concept can develop nationwide.
Financing/Terms:
SBA prequalified