- CityNot Disclosed
- State California
- CountryUnited States
Not Relocatable
Real Estate Included
For nearly a quarter century, the company has been a leader in growing and processing fresh organic fruits & vegetables in the fertile soils of Southern California (with a big focus on strawberries). The story goes back generations with a small family farm that would one day grow into a regional powerhouse. Today the company sells nearly $40 million/yr in fresh fruits & vegetables to the nation's largest retailers, wholesalers, foodservice suppliers, and manufacturers. All demanding the highest quality in the foods you eat everyday.
Not often does a nationally recognized organic food company come along for sale or investment at this level. The company is officially a farming and processing operation that grows, harvests, processes, packages and sells fresh whole, and fresh processed organic products. The farming operation manages over 575 acres of crops and focuses on higher margin strawberries that grow plentiful in the coastal plains in the spring. The balance of 20 core vegetable crops are grown and sold throughout the rest of the year.
The company owns and operates a 60,000sf processing facility, one of only (9) organic processing centers in all of California; making this opportunity a prize in itself. In fact, in 2006, a new law increased the value of this business by creating a significant barrier to competition as the new law now officially preserves agricultural lands (and a steady supply chain) from commercial development in the region. The facility is a stand alone state-of-the-art operation, which at full capacity we estimate can double earnings to $100 million without significant capex.
The company has been consistently profitable year over year and manages it own growth rate as a dynamic response to market demand and working capital.
Top drawer list of nationally known customers available!
Disclaimer: MergerNetwork.com has not independently verified any of the information in this listing and makes no warrany as to its accuracy or completeness.
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