Owner of Denver hydroponic farm lists business, property for sale

rebelfarm composite

Lauren Brettschneider and Jake Olson are the owners of Rebel Farm. (Courtesy Rebel Farm)

Rebel Farm, a southwest Denver hydroponic produce producer, is for sale.

Lauren Brettschneider, who co-owns the business with Jake Olson and solely controls the real estate, put both on the market this month. She said she’s entertaining offers from those only interested in the property, although she’d prefer to find a buyer that would keep the business going.

“We’re hoping not to close our doors,” she said.

Olson and Brettschneider left jobs as a carpenter and a director at Visa, respectively, to start Rebel Farm — “we’re just a bunch of punk rockers,” Brettschneider said of the name — in October 2014.

They initially leased the property at 5445 W. Evans Ave., in Denver’s Harvey Park neighborhood. In February 2017, acting as Vicious and Rotten LLC, Brettschneider purchased the property for $900,000, according to public records.

The property is now for sale for $1.39 million. Brettschneider, 48, said that figure doesn’t include the business, for which she declined to name a price. Nick Jurgens of Madison Commercial Properties is marketing the property, while colleague Brian Costello is handling the business component.

Hydroponic farms grow plants in water as opposed to soil. The leafy greens and herbs at Rebel are grown in an approximately 15,000-square-foot greenhouse; the 1.3-acre property also has 5,000 square feet of warehouse space on it.

Brettschneider said the pandemic hit Rebel Farm hard.

“We were direct wholesale only to restaurants, so you can figure that out,” she said.

The business reacted by selling produce directly to consumers, which worked for a time, she said. But sales fell off when stay-at-home orders expired.

Brettschneider said the pandemic isn’t the sole reason that everything is for sale. Prior to that, she had grown the business as much as she could with her resources. A new owner, she said, wouldn’t inherit the debt that’s posing a challenge for her.

“The pandemic just made it real clear that this is what we need to do,” she said.

Brettschneider said Rebel Farm has three employees in addition to the two owners, and it’s possible that staff would stay on for a new owner.

“The ideal situation is to sell it all,” she said. “It’s a sustainable, necessary business. It’s needed.”

rebelfarm composite

Lauren Brettschneider and Jake Olson are the owners of Rebel Farm. (Courtesy Rebel Farm)

Rebel Farm, a southwest Denver hydroponic produce producer, is for sale.

Lauren Brettschneider, who co-owns the business with Jake Olson and solely controls the real estate, put both on the market this month. She said she’s entertaining offers from those only interested in the property, although she’d prefer to find a buyer that would keep the business going.

“We’re hoping not to close our doors,” she said.

Olson and Brettschneider left jobs as a carpenter and a director at Visa, respectively, to start Rebel Farm — “we’re just a bunch of punk rockers,” Brettschneider said of the name — in October 2014.

They initially leased the property at 5445 W. Evans Ave., in Denver’s Harvey Park neighborhood. In February 2017, acting as Vicious and Rotten LLC, Brettschneider purchased the property for $900,000, according to public records.

The property is now for sale for $1.39 million. Brettschneider, 48, said that figure doesn’t include the business, for which she declined to name a price. Nick Jurgens of Madison Commercial Properties is marketing the property, while colleague Brian Costello is handling the business component.

Hydroponic farms grow plants in water as opposed to soil. The leafy greens and herbs at Rebel are grown in an approximately 15,000-square-foot greenhouse; the 1.3-acre property also has 5,000 square feet of warehouse space on it.

Brettschneider said the pandemic hit Rebel Farm hard.

“We were direct wholesale only to restaurants, so you can figure that out,” she said.

The business reacted by selling produce directly to consumers, which worked for a time, she said. But sales fell off when stay-at-home orders expired.

Brettschneider said the pandemic isn’t the sole reason that everything is for sale. Prior to that, she had grown the business as much as she could with her resources. A new owner, she said, wouldn’t inherit the debt that’s posing a challenge for her.

“The pandemic just made it real clear that this is what we need to do,” she said.

Brettschneider said Rebel Farm has three employees in addition to the two owners, and it’s possible that staff would stay on for a new owner.

“The ideal situation is to sell it all,” she said. “It’s a sustainable, necessary business. It’s needed.”

This story is for our paid subscribers only. Please become one of the thousands of BusinessDen members today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Commercial Real Estate

Editor's Picks

Leave a Reply

Your email address will not be published. Required fields are marked *