By Lauren Shepherd, AP Business Writer. NEW YORK â Brinker International (EAT), owner of the Chili's Grill & Bar chain, said Monday that it will sell a majority stake in its Romano's Macaroni Grill to a private equity firm. Under the agreement, Brinker will sell most of its stake to Mac Acquisition â a unit of Golden Gate Capital â for $131.5 million in cash.
Farms between 1000 and 4000 acres have non-land costs between $186 per acre and $200 per acre (see Table 1). These farms have roughly 70% of their acres cash rented, with average cash rents ranging from $206 per acre up to $242 per acre.
1 Farmlands can have an average cost between $5,000 to $8,000 per acre. 2  There can be cheaper land in some locations with an average cost of around $1,000-$5,000 per acre.3  These are areas that have no timber or structures. 4  The geographical location is going to greatly influence the overall price per acre. The pricing is very hard to pinpoint, unless you know exactly where you want to search. 2  Mentioned below are factors and land estimates to consider. 3  Farmlands can have an average cost between $5,000 to $8,000 per acre. 4  There can be cheaper land in some locations with an average cost of around $1,000-$5,000 per acre.