Urgent Sale! Premium Organic Certified Ag Tech Business (in Voluntary Administration) - Sydney

Business ID: XB159666

FY23 turnover in excess of $8 million. Expressions of Interest close on Wednesday, August 21, 2024 at 3 PM

Green Camel, a Sydney-based innovative Ag Tech company specialising in the production of organically certified crops, premium Barramundi and Murray Cod, is currently under administration and for sale. The business boasts a strong turnover, exceeding $8 million in FY23, and is an established brand within the industry.

The business is currently operating with approximately 50 staff and sells products to Coles, Woolworths, and Harris Farm Markets. The business has 2.3 ha of high-tech glasshouses, certified to grow organic tomatoes, and a further 0.5 ha of plastic tunnel greenhouses

Stephen Hathaway and Phillip Hosking of Helm Advisory were appointed as voluntary administrators on 18th July 2024. Xcllusive Business Sales has been appointed as the exclusive sales agent to sell Green Camel’s assets and operations as a going concern.

Highlights:

- Turnover: In excess of $8 million in FY23

- Fully Australian-certified organic food production– Includes business goodwill and customer lists (past and present)

- 35 years remaining on a 40-year lease

- Operational leased Plant and Equipment:– Includes glasshouses and fish growing ponds

- Large land size with potential opportunity to expand

- Regular clientele providing stable revenue

- Fully equipped premises and vehicles facilitate efficient operations.

The Opportunity

On offer is a purchase opportunity below the cost of establishment, established customer base, and comprehensive facilities, making it an attractive proposition for expansion.

The business is offered for sale as a Going Concern and is FOR SALE by EXPRESSION OF INTEREST.

ALL OFFERS WILL BE CONSIDERED AND FORWARDED BY XCLLUSIVE BUSINESS SALES TO THE ADMINISTRATORS FOR CONSIDERATION.

CLOSING DATE Wednesday 21 August 2024, at 3 PM.

Contact Xcllusive Business Sales for further information.

Property Code: 4048