T.K.A. Farms at Ekosu in the Afigya Kwabre District of the Ashanti Region which mainly deals in cocoa bean production is up for sale.
Thanks to the farm managers’ prudent farming methods, there are added extra sources of income which add up to the initial cocoa beans profit.
The proprietor prior to his decision to venture into the cocoa production business had been for years dealing mainly in the export of cashew and medicinal plants and parts trading. In 2009, the proprietor thought it wise to make a rather more lasting investment in cocoa production which has much profit margin than the initial cashew business. T.K.A. Farms Enterprise thus acquired a 250 acre land in the said location and started the said venture.
In respect of this, the farm has so far achieved a 90% organic status with plans in the works to find a sustainable organic pesticide solution so the farm can become a 100% organic run entity.
Although T.K.A. Farm is up for outright sale, the proprietor is open to a partnership deal with the new entrant being the majority stake holder.
At 71, the proprietor reckons it is time to take life easy, relax and indulge in a few of his passions which do not require vigorous activity hence the sale or partnership call.
The proprietor has amassed over 20 years agricultural processing experience and invested heavily acquiring the land and running the farm eventually emerging as the best farm in the district.
COCOA: The main stream of income for the business is cocoa production. The projected production capacity of the farm on annual basis is 750metric tons (750,000 Kgs) with the ability to increase production if drip irrigation is adopted. The market price for a bag is GHc475 but organic cocoa will attract a higher premium price, whereas a bag comprises 62kgs. Therefore for an annual full capacity yield of the farm, the company expects to make a gross income of at least GHc5,745,968.00.
A total projected amount of 400,000 kgs of fishes produced in six months at the rate of GHc10.00 per kilogram should amount to a gross income of GHc4,000,000.00 every 6 months.
ECONOMIC TREES: Trees including Odum, Mahogany, Emere, Ofram, Bako, Redwood and Manzonia were planted to provide shade for the cocoa plants. The 10,000 trees planted on the farm are a huge source of income that will accrue to the business when they are due for replacement.
LOGISTICS: Trucks bought for the purpose of transporting produce after harvests are available for use by the new proprietor. T.K.A. Farms intends to take advantage of the demand for its trucks and equipment by other farmers by renting for extra income. Eventually the farm can evolve to process end products like cocoa butter and chocolate.
For Enquiries/Purchase Request:
Price: Reasonable & Negotiable
P.O. Box 1319, Cantonments-Accra
By Michael Eli Dokosi/goldstreetbusiness.com