habaneroHarvesting: Habanero peppers are typically ready for harvest 3-4 months after transplanting. Harvest the peppers when they reach their desired color and firmness. Profitability of Habanero Pepper Farming. The profitabilityHabanero, a variety of the chili pepper species Capsicum chinense, grown for its edible pungent fruit that is one of the hottest chili peppers in the world. Unripe habaneros are green.