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Vegetable Farm Investment Opportunity in Harare, Zimbabwe

Diversified agro business with focus on large-scale agricultural contracts and mining seeks investment.

Established 1-5 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.2 million
Run Rate Sales USD 1.7 million
EBITDA Margin 40 %
Industries Vegetable Farms
Locations  Harare
Local Time 9:45 AM Africa / Harare
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 5 million for 20.0% stake (Native Currency: USD 5,000,000)
Reason: Expansion and working capital and debt consolidation. Valuation is based on the potential of the mi... View More
Includes physical assets worth USD 10 million
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Business Overview
Business offers contract services to major tea production estates in the Eastern Highlands growing from just $50k to over US$1 million in the last four years.
Company used to generate a lot of revenue from IT services and support but after the pandemic, that business has stopped making money.
We are in the process of getting a mining license to explore diamonds, gold and nickel.
We grow onion, sugarcane, potatoes, strawberries, and blueberries and sell them to distributors.
Currently exploring diamonds in one of our farms.
Most of the revenue is generated from farming.
Products & Services Overview
Large scale agricultural contract services.
Machinery - tractors.
Crop production for export.
IT support.
Gold, nickel mining.
Assets Overview
Farmlands, machinery, farm implements, development property, 2000ha of special mining grants for gold, nickel, and chrome.
Facilities Overview
Business owns a number of farms and lands across Zimbabwe.
Business has 5,000 hectares of farmland and around 300 hectares of mining land.
Capitalization Overview
Business has been self-funded and recently a financial institute offered a significant loan (USD 850K) for equipment acquisition. Business has a single owner.
Recent Activity
  • Earlier than 15 days
    COO, Lusaka, Accounting Firm connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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