Cost of a modern hothouse complex of OptTSVETtorg largest chain of flower stores is reduced to 25%

The Auction House of the Russian Federation (AHRF) scheduled the second auction as a part of bankruptcy procedure of CJSC Rozovy Sad (Pink Garden), owned the chain of OptTSVETtorg retail flower stores.
For sale offered the hothouse complex in northern part of Kaluga Region between Obninsk and Kaluga at the address: 12, Molodyozhnaya Str., Nedel’noye village.

The biddings will be held through public offer at the ETP AHRF during the period from 30 June until 29 August. During this period the Lot cost will be reduced step by step.
Earlier the biddings started from 940 million rubles, now the rate is reduced and equals 900 million rubles.
MINIMUM price – 700 million rubles.

The complex includes: administrative and warehouse buildings with a total area of 2.4 thousand sq. m, five greenhouses with a total area of 27.4 ha and various equipment for growing flowers.

“During the last years a flower production demanding in the country has been stably growing. According to statistics data, the volume of sales as compared with the last year has increased almost by 11%. Taking into consideration this factor, a future investor can consider the asset as profitable investment.
Particular attention should be given to the Object cost – now a buyer has a possibility to purchase the complex with up to 25% discount”, – tells Olga Zheludkova, Head of Department for Work with Troubled and Non-Core assets of Banks.

The complex was built in 2005-2010 with using Dutch technologies. The equipment allows providing a full self-sufficiency of works and creating the best conditions for flower production, taking into consideration climatic features of the region.
After production start-up arrangement of sales is possible not only in the hall with an auctioneer, but through Flower Exchange Internet Portal, which in future can become the first step towards creation of a flower auction in Russia. According to preliminary data an approximate date of the complex payback can be 3-5 years.

For detailed information about the Object of sale please see the website of the Auction House of the Russian Federation (AHRF)