✨ Olive Oil Production Company In Cyprus
For Sale History: The family that owns the business has been active in
Olive Oil production for three generations.
The Olive Oil Press was established in the present location in 1972 and all of the machinery was renewed in the period ——.
***Location: The Olive Press is located in one of the prime olive-producing regions of Cyprus,
with a long tradition for quality olive-oil. It is within 15 minutes driving distance
from Larnaca Port and Larnaca airport.
Price: The Business with all industrial equipment is offered at EUR —.—,
however there is also an option to buy the freehold land of the business with
additional investment of EUR—.— Buyer has an option to buy 75% instead of 100%
the shareholder that will retain 25% can assist with management and operation of
the factory Products/Services: In summary, the factory has two outputs: i.
✨ Extra Virgin Olive Oil: In most cases, the olive producers only require the
service of the factory to produce olive-oil. In this case, the factory only charges
for olive oil extraction. In some cases, the factory may also buy the olive-oil and
sell it on the wholesale market for consumption in Cyprus or for export. Currently,
the business will only buy olive-oil if it already has orders from traders, therefore it
does not take any commercial risk. ii. Olive Kernel Pulp: The centrifugal presses
separate the olive kernel pulp, which comes out into a drying area by separate conveyor.
The olive kernel always belongs to the factory, regardless of whether the olive-oil is taken
by the producer or bought by the factory. This provides additional income since kernel is sold as fuel
Genel bakış
Özellik:
- ✨ii. For every 1 ton of olives pressed, 1 ton of wet olive kernel pulp is produced at the end of the process - about the same weight as the olives, because of the water added during the process. The olive kernel belongs to the Press. About 20% of the kernel is used by the business for its own water boiler, 80% is sold wet at around €30 per ton, so income from olive kernel pulp is about €24.000 (1.000 X 80% X €30).
- ✨iii. Therefore, the Gross Income from pressing 1.000 tons of olives, is about €---.---. The main costs of the business are electricity and wages and amount to about €50.000 annually. Therefore, the business currently generates €74.000 Net Profit Before Tax.
- ****Profit may be increased substantially, by bottling and/or trading olive-oil, as discussed below.




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