Diversify and take advantage of the lowest land prices in America with mature teak and mahogany that can be harvested, and yearly cocoa production.
Approximately 20 thousand teak trees are 25 year old, while 60 acres of cocoa are approximately 10 year old and in full production.
Reliable, local employees and management have been with us for over 14 years.
Owned and managed since 2005 according to Canadian accounting standards. No debt.
Resident Manager allowed us to run the operation with just 1 visit of one week per year.
- Asking Price:
- $1,150,000 (USD) Inventory / Stock included
- Sales Revenue:
- Under $100K (USD)
- Cash Flow:
- Under $50K (USD)
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Southern Belize, 10 miles from Punta Gorda
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
150 acres of the 300 acres are currently not used. Cocoa and Teak can be expanded.
- Reasons for selling:
-
Old age of partners
- Employees:
- 3 permanent employees plus up to 3 temporary during cocoa harvest
- Years established:
- 1998 initial Teak as Panacea Growth. 2005 Belize Teak Ltd. bought the 300 acre farm
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
up to $400K for 2 years @ 3% / year
- Inventory / Stock value:
- $1,200,000 (USD) - included in the asking price
- Website:
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