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Teak And Cacao Farm For Sale

Machaca, Belize
Asking Price:
$895,000 (USD)
Sales Revenue:
Under $100K (USD)
Cash Flow:
Under $50K (USD)

Fully operational Limited corporation in southern Belize.
- 300 acres of land
- 60 acres with 20 year old teak + 20 acres with 6 to 8 year old teak and mahogany
- 66 acres with 500 cocoa tree per acre, producing excellent trinitario beans
- tractors, trailers, escavator, etc. equipment included.
- Chequing and savings account at local branch of ScotiaBank
- Property tax: $400 BZD per year. Business income tax: 1.75% of sales / year

Property Information

Real Estate:

Real Property Included

Location:

Machaca area, 9 miles on Southerh Hiway from Punta Gorda, Toledo, Belize

Business Operation

Expansion Potential:

130 acrres of available land for further planting

Reasons for selling:

Age and health of shareholders without new generation's interest in farming. The price advertised here is reduced from the estimated value. If you value the "stock" at $50/tree (way undervalued), we have 33 thousand cacao producing trees, and about 30 thousand teak and mahogany trees.

Trading hours:

7 am to 4 pm Mon - Fri

Employees:
3 full time plus one part time manager
Years established:
2005

Other Information

Support & training:

Two owners. Paolo is available to remain as a minority partner and/or supervise and help for a period to be agreed.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Given the corporation has no liabilities and no debt, we recommend you purchase the shares of the corporation, who holds all the assets. This has 3 advantages: 1) immediate operations 2) lower Belize transfer tax 3) Possibility of financing at 0 interest by delaying payments via legal escrow of shares

Website:
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Related Documents:

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