Groundswell Farm for Sale

Pay yourself & your mortgage in year 1
farm sale flyer

Own an organic farm in West Michigan with $200K+ in annual sales

Groundswell Farm grows 7.5 acres of organic vegetables halfway between Grand Rapids and Holland, MI.  The farm sells $214,000 worth of produce through 180 CSA members, 3 farmers’ markets, sales to health food stores & restaurants and a wholesale contract for garlic seed.  Both farm sites include all tools, equipment and infrastructure for a turn-key operation.  Although the farm is financially successful, the owners are beginning careers teaching and advocating for small, organic farms and are looking to sell.  We prefer farmers who have some farm experience and would like the chance to meet and work with potential buyers.  We welcome interested buyers to contact us with any questions at groundswellfarmer@gmail.com or call Katie at 616-885-7776.  More info on the farm at www.groundswellfarm.org  Cost comparison, asset lists for each site and 2017 cash flow are listed below.  Prices and terms for each site are negotiable.

 

Quincy St. Farm

6527 Quincy St., Zeeland MI 49464

$168,000 in annual sales 
7 acres of muck soils with ~50% organic matter (Carlisle Muck)
32’X50′ wash station with walk-in coolers, barrel washer, celery/roots washer, sinks, etc.
32’X96′ unheated hoophouse with rollup sides
16’X96′ heated propagation greenhouse with tables, vents, roll-up sides
Tool shed, office, break room, garlic drying tents
50 HP Tractor – 1987 Allis Chalmers 5050
1950s Allis Chalmers G Tractor with multivators

Implements – Rotavator with row waterer, brush hog, Lilliston cultivator, 10′ disk, chisel plow, plastic mulch layer, undercutter bar/lifter, 2-row potato equipment (planter & hiller), 1 row potato digger, 12′ cultipacker, subsoiler, wagon, back blade

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Wash Station

(2) 12 ft. delivery trucks and (1) pickup truck
Full range of farm and shop tools and harvest supplies from 11 years of farming
Turn-key farm with crop schedule spreadsheets, farm manual, crop manual, food safety manual, crop rotation, worker training power points, yield records, QuickBooks accounting, (See HERE)
Great website, farm name, cooking blog,  www.groundswellfarm.org
180 CSA customers, 3 Market stalls, 4+ accounts, wholesale garlic seed business
Farmers are willing to stay up to 1 season or until you are comfortable with systems & equipment
Several farmworkers plan to return in 2017
Certified organic through OEFFA
Sales revenue can pay land loan, modest jenna kalefarmer salary, $75K payroll/payroll taxes & all other expenses based on 2015 sales & expenses
Asking price $195,000

Polk St. Farm

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Polk St. Farm

polk st aerial

6275 Polk St, Hudsonville MI 49426

6275 Polk St Hudsonville MI 49426
$47,000 in annual sales from 2.5 acres
10 acres of sandy loam (silty + sand; no clay content) (Gilford and Granby Sandy Loams)
Possible homesite
22’X32′ Propagation greenhouse
42 HP Tractor – Ford 4600
Implements – Rotavator with row-markers, brush hog, 2-row cultivator, manure spreader, 2-bottom plow, drag,
Asking Price $95,000
Contact groundswellfarmer@gmail.com with any questions.  Thanks for your interest!                                                                                       

 

Asset list 2016 shows the value we estimated for land, buildings, equipment and sales to calculate the farm price.

Quincy Farm cash flow estimate 2017 (below) shows that you can pay the mortgage, expenses, payroll & pay yourself $19,000 annually from sales at the Quincy St. Farm.  The interest rate is set to the USDA Beginning Farmer Loan program rates of 3.375%.  This loan requires 3 years of farm management experience for others or yourself, but you can’t have over 10 years of experience.  Some of their loans have even lower rates.

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