HAVE YOU EVER THOUGHT OF OWNING A LAVENDER FARM?
DEEP CREEK LAVENDER FARM IS FOR SALE
CHECK OUT THIS TURN-KEY LAVENDER FARM!
Welcome to Deep Creek Lavender Farm located in beautiful Deep Creek Lake, MD. This ‘hidden gem’ has been warmly embraced by tourists and locals alike for the past 9 years. The farm with its 8.33 acres, has nearly 1500 lavender plants and includes:
The farm is currently operated as a seasonal agri-tourism business in the high volume resort area of Deep Creek Lake, MD. In addition to lavender, sunflowers and cutting flowers are grown annually. Additional items of interest include a working solar oven, two rows of hops, and chicken coops and chicken tractors for raising chickens and turkeys. The retail store is filled with lavender body products, candles, soaps, books, sachets, lavender bundles, tea pots, hand-painted items, and so much more. Additional items are consigned with local vendors to make the store a wonderful place to shop.
With its on-farm license the farm is able to create lavender baked goods, including lavender shortbread cookies, custom tea blends, lavender spice blends, baking mixes, jams and more. Outside local vendors provide lavender lemonade and lavender ice cream during the summer season. Each season classes are offered in a variety of topics: Cooking with Lavender, Lavender Wreath Making, Yoga in the Lavender Fields, Sip and Paints, Mosaic Tiles, and more. Deep Creek Lavender Farm has grown year after year, but there is more room for growth. The online store is active throughout the year (over 350 online orders in 2022) and the number of visitors has grown dramatically in the past few years, many of whom are repeat customers. Bring your own ideas for revenue-generating projects!
The possibilities are endless…..
Asking Price: The asking price is $950,000. This sale is a complete turn-key package for business, farm, some residual inventory, customer database, social media following, tractor and implements, furnished residences, and outbuildings, and so much more.
Gross Revenue for 2022 - $310,000/ Cash flow- $131.000
Revenue is based on seasonal income and online sales
Employees: Current owners operated business with help of summer intern(s) and volunteers. This is a true farm and requires someone with strong mechanical skills to operate and maintain the mechanized equipment in additional to the retail and production side of the business.
Growth Opportunities: There is room to grow the farm and revenue by increasing staff and opening on a more full-time basis or expanding the offering of classes and activities. Additional ideas include wholesaling products in other locations, offering a food truck, café, wine and cheese events, hosting bridal or baby showers or the addition of a petting zoo or unique animals such as miniature donkeys. Additional income opportunities might include opening on a daily basis during the summer and/or off season, charging an admission fee, growing more lavender and distilling, wholesaling products to other farms, selling at farmers markets, opening the farm for glamping, RV hosting, hosting farm to table dinners, etc. NOTE: The farm, with its limited parking and neighborhood location, is not conducive to a large wedding venue, but small weddings with the receptions held elsewhere are certainly an option. If you need a larger home there is plenty of room to build. Live in the current home as you build or rent it out for additional income. The apartment above the classroom building is not currently permitted for rental. There is space to add additional farm animals, too, to expand your farm/homestead.
Competition: The lavender industry is still growing with plenty of room for future growth. Stonehouse Lavender Farm in Fairmont, WV (1 hour away) and a new farm, Willow Springs, that is just starting out just north of Rocky Gap (1 hours away ) are the closest competition. We have found the visitors to Deep Creek Lake stay local for their vacation and many visit our farm several times during their stay at the lake.
Support and Training: The current owners will provide training to help the purchaser(s) take over providing a smooth transition while learning the lavender business and its operating activities and, gaining an understanding of the customers and vendor partners. Ongoing support can be negotiated.
Reason for Selling: Owners/Sellers, Anne and Scott, are looking forward to their next chapter in retirement. They would like to find, and give, an entrepreneur with a passion for lavender/agritourism a headstart through this profitable, turn-key business. Sellers are only interested in buyers who will continue the business as a lavender farm while adding their own ideas to the business.
Settlement: Purchaser(s) can begin to learn the business while the property is under contract. Sellers can remain in the area for assistance and training post-settlement as negotiated.
Start Up Financing: Sellers are willing to hold ‘start up’ financing ($75,000 or less) for new owners to begin their new adventure in lavender farming. Terms and conditions to be negotiated. The sellers will provide a one-year membership in the US Lavender Growers Association for purchaser(s).
Contact information: For more information, contact Anne Davidson (owner), firstname.lastname@example.org, or speak to Anne or Scott while you are at the farm and an appointment for a more thorough information session and tour can be made.