This is an amazing opportunity to buy a flourishing cherry and sour cherries orchard.
Overview of this business for sale
There are 3 large adjoining plots that are situated on a specially selected by agronomists ground that is suitable for growing cherries and sour cherries in view of natural, meteorological, soil, and other necessary conditions. It has a fence and year-round access. All the territory is flat.
The plantations for sale are the following:
- Cherries such as Van, Bing/pollinator/, Bigar Buurla, Early black – universal pollinator, Koerner, Lambert, Droganova yellow situated on 270 acres.
- Sour cherries (Cloud Vine and Heiman Rubin) located on 190 decares.
The harvest time is approximately from the 25th of May to the 30th of July. The orchards and the production are organic-certified and trees are insured.
Premises: six hundred square meters of indoor area and 4.5 decares yard in regulation. They are located five kilometers away from the orchards.
Agricultural equipment: two tractors, fan sprayer, one trailer; one water tank, two disc harrows; one piece wagon, back sprinklers, and other farm equipment. Also, there is one Peugeot Truck(three tonnes).
In the following twenty-five – thirty years the average yield per year is expected to be from five hundred to one thousand two hundred tons.
Income: the profits depend on price. When selling exports to Europe, Russia, or the former Soviet republics, sales prices reach five or six euros per kilogram. For China and Vietnam, prices are ten-fifteen euros per kilogram.
This business has great potential for expansion. There can be built a processing plant with up to eighty percent of the production after being calibrated, exported as chilled and the rest processed to cocktail cherries. The rest of the capacity is used to buy and process production from our partners and competitors. Duration of the return on the investment – from one to three years in the proper conduct of the agro-technical measures and ensuring the realization of average prices for the branch.
Estimated average profit for the following thirty years – from 1 to 6 mln euros per year depending on whether the market is local or export-oriented. In Bulgaria, the corporate income ta is ten percent on the difference between income and expenses. It is very beneficial for the countries of Western and Northern Europe and the United States and a number of other countries.
Annual SER, SPP, agro-ecology, Fruit Scheme, Quality Fruit Scheme, green payments – seventy-five-one hundred thousand euros each year. The property is suitable for applying for funding from the European Union and the State Fund for Agriculture.
Additional information about this business for sale
- There is the opportunity for partial investment and/or signing a joint venture agreement. It is an excellent investment with extremely attractive returns for every investor.
- The reason for the sale is the retirement of the owner due to health issues.
- Employees: The number of employees depends on the season. The company employs approximately one hundred or one hundred fifty workers to carry out harvest and three or four to maintain the orchard during the whole year.
- The current owner is willing to provide support and training for a smooth transition of the new owner.
If you are interested in this opportunity, please contact us.
