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#Business ID: 16117

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Profitable Hydroponic Greenhouse

Business Location: South Dakota, United States

Asking Price: $ 500k to 1m Revenue: $ 100k to 250k Cash Flow: not disclosed

[Furniture / Fixtures and Inventory / Stock included]
[Real Estate Included]

Business Summary

Perfectly and centrally located in a small quiet town in South Dakota.
This greenhouse produces and distributes pesticide free; vine ripened tomatoes, grape tomatoes, cucumbers, various lettuces, herbs and micro greens.
Room to expand also, as demand for product exceeds current production. Produce is currently distributed to schools, hospitals, farmers markets and restaurants state wide.
Greenhouse sits on a 2 acre plot (zoned Gen Ag, LOW property taxes),and has 4 huge bays. Room to add on more greenhouse bays, as well as the ability to add on a personal residence.
Owners also have a chicken coop with 20 chickens, producing around 2 dozen eggs a day. Add bee hives to add additional income.
This is the only commercial hydroponic greenhouse in the whole state of SD, to our knowledge.
Tax returns and finacials available with a signed confidentiality agreement.
Owner salary included in expenses. 2013 projected numbers show around 10% for a cap rate.
Private backed financing MAY be available to qualified candidate.

Property Details

Years Established:

2007

Property Type:

Real

Other Business Details

Business Location:

South Dakota

Premise Details:

2 acres, zoned general ag. Additional acreage may available for sale.

Competition:

No other commercial greenhouse in SD to our knowledge

Expansion Potential:

Can add more bays on to existing greenhouse. May put personal residence on property.

Living Accommodation?

Room to put on mobile home or stick built property.

Business Operation Details

Support & Training:

Owner will give extensive training to purchaser

Miscellaneous Details

Reason For Selling:

Owner has health issues

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