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e-mail usSour cherry orchard farm for sale in Bulgaria
Large orchard planted with Morello cherries
Offer type:
Business for sale
Location:
near Vidin
Business category:
, sour cherries , Morello cherries , farm , orchard , farming business , plant growing
Price: 270 000 €
Summary:
It is our pleasure to present to you this unique offer for sale of a large sour cherry orchard set on a private plot of land of 217,000 sq.m., consisting of young trees which were planted 7 years ago. This modern plant farm was built in accordance with the most modern technologies and includes a drip irrigation system, a fence and an effective distribution of the area. The sour cherry trees are Morello cherries and are already in a phase of active fruit bearing. The farm was built from scratch 7 years ago. It has 20 000 trees of the "Oblachinska" brand of sour cherries.
Apart from the sour cherries the orchard also has 4,000 sq.m. of vineyard as well as 1,000 sq.m. of other fruits – plums, apples, etc.
The price includes the sale of the whole farm together with the plot of land and all the equipment and machinery. No additional investment is needed and the buyer will get a modern fully equipped and working farming business.
Business Description:
This modern orchard farm has an area of 217,000 sq.m. and was built in 2005. It consists of a 212,000 sq.m. orchard planted with Morello cherries, 4,000 sq.m. of vineyards and 1,000 sq.m. of other fruits – plums, apples, etc.
The cherry orchard is planted with quality saplings of Morello cherries of Oblachinska sort. There is also a modern drip irrigation system in place. The orchard is looked after by a qualified team including a professional agronomist. The farm also has all the machinery and equipment to maintain it all year round – a tractor, plant protection systems, etc. Due to the modern systems and technologies used in the making of this farm its maintenance needs minimal staff and resources. The full-time staff consists of 4 people and during the harvest people from the nearby villages are hired to pick the fruit. The first crop from the orchard was picked in 2009 – about 70 tons. In the next years the harvest will increase constantly as the trees were planted in 2005 and are still young. In 2011 and 2012 the crop is expected to reach 100-120 tons.
The farm is set in close proximity to a middle-sized village due to which there is easy access to water for irrigation, electricity, good asphalt road as well as workers. The bigger regional city is located less than 10 km away which means that plant protection specialists, agronomists and other staff members can access the orchard easily and the produce can be transported fast to the end client.
The current owner will provide the buyer with the necessary assistance during the first year after the sale so that the organization and development of the orchard can be kept. The new owner could be an investor who will not be directly involved in the work on the farm as the management functions can be delegated to a local professional which our company will recommend.
Business characteristics
The business is profitable and generates approx. 10% annual return of the capital. In 2011 there were picked 80 000 kg of cherries. The market is favourable and the whole amount of harvest has been sold to trading companies at the price of 0.44 € Euro/kg. The annual costs of the enterprise are approx. 10 300 € Euro. The profit in 2011 was 24 900 € Euro.
