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Profitable hot house growing operation

Northland - Address withheld

Manufacturing & Processing
dollar

POA

Bedroom
3
Bathroom
1
Land area
9.27ha
Title type
Freehold
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Business details

Listing # 1002420 | Listed on 13 April 2022

Here is a rare opportunity to acquire a proven indoor growing operation generating consistent annual profit.

Rasila Produce, established 12 years ago, grows high quality and high value cherry tomatoes. The business is virtually integrated across growing, harvest and packing, and distribution through one of NZ's largest fresh produce distributors. Its markets are secure and demand continues to rise.

The growing facility covers 1.14ha and incorporates automated venting and heating systems, and irrigation and fertigation processes. All assets are of high quality and have been maintained to a high standard. Its location enjoys one of the best climatic temperature ranges in NZ, for this type of hot house production.

The operation focusses on one main cherry tomato variety. By growing in an enclosed and controlled environment, processes are based upon proven methods. With these in place, the greatest opportunity for significant further profit growth rests with developing its general management skills. Improved work flow planning and increasing the utilization level of the existing growing asset are key to this.

This is a secure business producing a sought after product. Bring your management skills to take it to the next level!

Covered growing area - 1.14ha

Total land area - 7.5ha

Location - Dargaville

EBITDA range current & forecast - $300k to $500K

This property is being sold plus GST (if any).

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