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Chicken Farm Under Value, 5 Houses for Sale in North Florida

Reference #: 41280042
Location: North Florida
Price: $375,000
Amount Down: $375,000
Revenues: $120,000
Discretionary Earnings: $105,000
Total Assets: $450,000
Business Description:

Bonifay, FL, 5 Broiler houses ( 2 40’ x 400’, 3 32’ x 372’) all updated but need about $60,000 in up grades (mostly computer controls), all on 12 acres of land. The farm grossed between $95,000 and $135,000 over the last 10 years for an average of $120,000. It has ranked among the top 4 farms in that area consistently. Expenses are low, reported at about $13,000 per year. The price is $375,000 for a quick sale (appraised for $450,000 in 2002).


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.