Cardamom Estate for Sale in Idukki, Kerala

Listing IDBB000436 Ticket SizeINR 50-100 Crores Last Year TurnoverINR 15,00,00,000 Verification Status Pending

Business Details

A high yielding cardamom estate in Idukki, Kerala is for sale. The total land area is 423 Acres. This also includes a bonus coffee estate of 63 acres. The estate fetches between INR 12 - 15 Crores by auction sale every year. The estate has mostly daily wages workers of about 100 including 25 regular workers and the relationship with workers is very cordial from beginning. All necessary equipments and machineries available. The current market price per acre is Rs. 25-30 Lacs but the asking rate is only Rs. 21.5 Lacs per acre. Total Asking price of the estate is INR 91 Crores.

Total Views1744 Buyers Contacted6
Reason The owners have other land in Tamil Nadu where they are starting another business, hence want to sell this one
EBITDAAvailable on request Last Years Gross ProfitAvailable on request
IndustryAgriculture Sub IndustryOther Agriculture
StateKerala CityErnakulam
Company TypePrivate Limited Started in NA
Employees51-100 Employees Listing created byBroker/Consultant

Similar Business Listings

Please note: Documents collected for our review only. These will not be shared with any third party. Verification of the listing does not imply that Asking price reflects the valuation of the business