Farmers Group

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Agriculture Fruit Farm Business Plan

Company Summary

Farmers Group is the buyout and merger of two successful vegetable farms. The idea behind the business is to provide healthy and delicious vegetables and fruit to the public. In addition to vegetables and fruits, the company plans to produce and market manure compost garden amendment products.

2.1 Start-up Summary

Projected revenues for Year 1 to Year 5 are $-40,000, $8,500, $50,000, $70,800 and $82,500 respectively. Additionally the company estimates that once fully operational, income per product, per annum would be as follows; vegetable ($50,000) manure ($20,000) and horticulture ($10,000).

Start-up Expenses
Legal $19,000
Facilities modification $300,000
Seed $600
Organic Herbicides/Pesticides $5,000
Consultants $25,000
Insurance $10,000
Research and development $25,000
Expensed equipment $250,000
Other $50,000
Total Start-up Expenses $684,600
Start-up Assets
Cash Required $245,400
Start-up Inventory $150,000
Other Current Assets $250,000
Long-term Assets $500,000
Total Assets $1,145,400
Total Requirements $1,830,000

2.2 Company Locations and Facilities

The farm is located in Calhoun county approximately 4.5 miles outside of Jasper.

The operation will utilize:

  • One large greenhouse, enclosing the vegetable area.
  • Horticultural greenhouse.
  • Filters, water treatment devices.
  • Backwash facilities.
  • Outdoor vegetable facilities.
  • Business office building.

An additional portion of the operation will be the manure composting facility. Local and regional dairy operations have trouble with manure accumulations, and the company hopes to enter into contracts in removing the manure. Farmers Group will then turn this into a saleable product. The company plans to supply the region's nursery outlets with a top-quality, premium garden and soil amendment product for area horticulture.

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