Sure there are. A nephew of mine is running one. It's a bit less than three acres.
The trick on those is to sell farm fresh, lifestyle, good feels along with the food.
There are plenty of people who will pay multiples to get great food and great feelings about that great food.
Service is the another piece. Delivery, open markets on X day of the week, etc...
Micro branding helps too. The good vibes and food are a finite thing. When this becomes social / status, part of other lifestyles, it can all work just fine.
The trick on those is to sell farm fresh, lifestyle, good feels along with the food.
There are plenty of people who will pay multiples to get great food and great feelings about that great food.
Service is the another piece. Delivery, open markets on X day of the week, etc...
Micro branding helps too. The good vibes and food are a finite thing. When this becomes social / status, part of other lifestyles, it can all work just fine.