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 firstname.lastname@example.org 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
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
Polk St. Farm
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.