Anybody interest in buying/becoming an owner in a farm in NJ? My family has a very profitable farm and they want to find a buyer that will take over the business. They will teach you everything. They sell fresh cut flowers. I would do it, but I just got funding for my startup. They turn over about a .5 million just the two of them (mom and dad). Would probably need 200k - 400k in liquid assets to get started. if you’re ever interested in farming this is the best opportunity you’ll get. DM! 

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This is the type of exit opportunity we think about when we get the please fix at 9:17PM but never actually think it’s possible.

likefunny

Honestly d1 it’s a lot variables. If you wanted to buy it out completely probably 1.5 million. Land (150 acres), Equipment, and wholesaler/distribution channel. They will stay on board to teach you the business and farming. They are probably willing to bring somebody on as a partner or just as a salaried employee to learn the business. 

If you ever had an  to get him to farming this is a great opportunity.

Sounds pretty awesome!

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What do you mean turn over .5MM. Is that net operating income or top line revenue?

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Central-Mercer county. Exit 7a off of turnpike

likesmart

Ebita? Sounds ripe for an ipo in this market.

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What is the 200-400K for? How are you valuing the business at 1.5m?

I'd like to invest, send details

I'm central jersey, and you and your parents sound like great people. Would be interested in meeting y'all and learning, but I definitely do not have 200k lying around ready to spend

So for 200-400k you buy into a 500k business? And if that’s not buying them out completely what’s the investment and ongoing obligation - is it a 50/50 partnership, or are they just still owning the land rights and you buy the business?

There’s definitely details to work out. It’s not like you’re gonna wire me the money. If you were interested I would give you my dads phone number and you can talk to him.



I would love to if this was in the west coast!

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