Project Meadow – Highly profitable 1,000 acres organic meat farm
Price: POA
Business name | Project Meadow |
Location | Czech Republic |
Short description | Meadow is a c.1,000 acres, highly profitable and operationally excellent organic meat farm |
Turnover | £300,000 |
Growth y-o-y | 5% |
EBITDA | N/A |
Operating profit | £180,000 |
Assets | £3,900,000 |
Net debt | £0 |
Employees | 3 full-time, 7 seasonally |
Investment highlights
Fantastic growth investment; current market value of assets of c.£3.9m growing at a minimum of 5% per year (the assets are still only at c.40% value of the same assets in neighbouring Germany)
Extremely efficient and operationally excellent organic farm with stable cash flows and growth
Owns a water well and has unlimited access to water supply free of charge
Owns electrical access point tower – electrical power station potential (subject to permission)
Business details
- Founded in 1996, Meadow is a family-owned organic meat farm based in the Czech Republic
- The farm sells organic beef cattle (c.150 animals, breed Charolais and Limousine) and sheep (c.400 animals, breed Texl and Schwarzkopf)
- Operates on 988 acres of grassland out of which c.568 acres (c.60%) are fully owned by Meadow or directly by Shareholder 2 (who leases to the farm), and c.420 acres (c.40%) are leased indefinitely from third parties by the farm (with 2-5 years notice periods)
- Owns four stables for animals, a total of 37,680sqft
- Three equally sized stables for beef cattle 32,300sqft
- One stable for sheep 5,380sqft
- Owns a large hay barn 35,315 cubic feet (46 feet ceiling height)
- Owns electrical access point tower – electrical power station potential (subject to permission)
- Owns a water well and has unlimited access to water supply free of charge
- Owns end-to-end agricultural machinery allowing for complete operational self-sufficiency
- Receives EU subsidies since 2004, however, is operationally completely self-sufficient from its earned income
- Total revenue in 2023 was c.£300k and adjusted operating profit was c.£180k (ie. c.60% adj. operating profit margin)
Key facts about Czech Republic
- EU member since 2004
- NATO member since 1999
- Stable political situation (strong coalition led by Prime Minister Petr Fiala). New president elected last year, Petr Pavel, has also underpinned this stability
- Current inflation is 2.2% (June 2024)
- Current Central Bank base rate is 4.75% and is on a decreasing trajectory (June 2024)
- Independent Central Bank (currency is Czech Crown)
- Germany is the Czech Republic’s most important foreign trade partner, followed by the Slovak Republic and Poland
- Other key investment advantages include geographical location in the centre of Europe, the good level of telecommunication development, a stable energy supply, a high level of employee training and a reliable level of legal certainty