Kevin Smitko

Sharpsburg, GA (USA)
Role(s):
Founder/Owner/Principal

J & L Orchard

Location: Sharpsburg
Industry: Agriculture
Year Founded: 2010
Number Employees: 1-10 people
Description: Start up apple orchard. Very small, 5-10 acres. Primary marketing plan is a pick-your-own orchard. Secondary plan is to sell through roadside stands and farmers markets. Keeping costs very low. Projected to reach cumulative profitability in the 3rd/4th year. Family operation, no employees. $75,000 estimated in gross revenues when fully operational. $55,000 estimated in net profits. Need a loan to purchase and clear land, purchase equipment, purchase trees/rootstocks, and provide operating capital until trees begin to bear fruit (2nd/3rd year). Will offer real estate, equipment, and first and second crops as collateral.