Listing Number: 6162021-279822
Description
Introducing a unique opportunity to acquire a well-established, family-owned farming business, thriving for over 60 years. Specializing in fresh, greenhouse-grown vegetables, this business serves the Atlantic Canadian market with a reputation for quality and strong vendor relationships.
The property spans over 75 acres of prime agricultural land, featuring more than 300,000 sq. ft. of state-of-the-art automated greenhouses, ensuring year-round production and consistent cash flow. The facility includes a recently built 6,000+ sq. ft. warehouse, equipped for packaging, transportation, staff areas, offices, and boardroom. All equipment and vehicles, maintained in excellent condition, are included in the sale.
In addition to the commercial assets, the business offers residential accommodations for foreign workers and includes a separate home with 38 acres of resource land. With numerous industry awards recognizing its excellence, this business also presents ample room for expansion, with over 50 acres available for future development. This is a rare, turn-key investment for those looking to step into or expand within the wholesale farming industry.
Listing Details
- Price: $ 15,000,000
- Down Payment: $13,000,000
- Sellers Discretionary Earnings: $ 1,268,445
- Total Sales: $ 7,356,189
- Location: Nova Scotia
- Inventory: $ 300,000
- FF&E: $ 4,881,028
- Employees: 48
- Year Established: 1963
- Reason for Selling: Change of industry
- Category: Agricultural
