Summary
- Asking price:
-
Over $5m
(Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- Available on request
- Net profit:
- Available on request
- Years established:
- 1977
Business description
Total Size: 415,000 sq. m (warehousing facilities included)
Capacity: 50,000 heads per year
Location: Sliven, Bulgaria
Price: €13,000,000 (thirteen million Euros)
Established: 1977 (the complex was partly refurbished in 1990)
Apportionment of the animals in the complex:
Sows resting and pregnant – 4,415
Breast feeding sows (number of mammals 6,000) - 705
Boars - 46
Growing up – 13,500
Fattening – 14,960
Property information
- Real Estate:
- Real Property Included
- Location:
- “FBM Bulgaria” is selling one of the biggest pig-breeding complexes in Bulgaria, located in Southeast Bulgaria. This is a privately owned business including real property spread on more than 415,000 sq m within the vicinity of Sliven town, 7km from Central Sliven. The property is in close proximity to main road and railroad connections. The distance between the largest commercial port of Bulgaria - Burgas, and the complex is only 110km.
Established in 1977 with partial refurbishments in 1990, the complex has an output capacity of 50,000 heads per year. It also owns and operates a warehousing depot and a water supply station combining 3 wells, pumping station, concrete storage reservoirs, as well as an electric generator and a water-plant that ensures the proper recycling and aeration of wastewaters before disposal.
The complex itself accounts for 40,000 sq. m of the total area. The warehousing facilities are located 11km from the farm.
Other information
- Expansion potential:
- The free land – more than 300,000 sq. m, is well-suited for a great number of investment options including expansion of the existing capacities, development of meat factory, additional warehousing facilities, biogas energy farm, etc.
The property is also suitable for the development of windmills. The average annual wind speed in the region is 6.5m/s at 50 meter height.
The free land is extremely favourable for the development of solar power plant, too; the region where the property is located gets 300 days of sunshine per year.
- Competition / Market:
- Main advantages of Bulgaria:
1. NATO member since Jan 2004
2. EU member since Jan 2007
3. GDP annual growth of 4.5 % to 5%
4. Attractive Return on Investment rates in the real estate sector – 15% to 18%
5. Strong government support with customized service packages
6. The lowest operational cost in Eastern Europe
7. Excellent technical skills of the workforce
8. Low wage growth rate – 10% per annum
9. Flat Corporate Income Tax – 10%
10. Reasonable office prices
11. Continuous Strong Foreign Interest
- Reasons for selling:
- Another Business
- Related documents:
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Contact the seller
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