- CityNot Disclosed
- StateNot Disclosed
- Region Midwest States
- CountryUnited States
Not Relocatable
Real Estate Included
Our firm currently represents a long-running and highly successful agri-business, boasting 14,000 acres under cultivation and lucrative contracts with one of the most prominent food processors in the world. Projected 2009 revenue growth of 26% to $44+ million, stellar EBITDA margins, and exciting prospects for continued success into the future make this Company is a prime target for an investor. Principally a potato production operation (90% of sales in 2008); the balance of revenue is generated by custom farming services (9%) and sales of specialty crops to local food processors (1%). Gross revenue per acre averages between $3,500 and $3,900, versus an industry average of only $2,000. Well-run operation counts on an established and effective management team that oversees a year-round, full-time staff of 60 plus 50 seasonal production employees. The active principals would be willing to remain at least for an extended transition period. In full compliance with local, state, and federal EPA, OSHA, EEOC, and Department of Labor regulations, as confirmed by a recent audit.
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