Acquisitions Anonymous - #1 for business buying, selling and operating cover image

Mills wants to buy a farm doing $12mm a year - Acquisitions Anonymous 199

Acquisitions Anonymous - #1 for business buying, selling and operating

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The Cost of Owning a Farm

"I don't want to own a farm. Like, farming is hard," he says. "You're subject to the weather. You have your customers are kind of jackasses." The business generates a million bucks a year, but the building is worth eight and a half million,. This may be a similar kind of thing, you know, where the land makes it cost prohibitive to actually to do anything unless you just had zero basis in it.

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