Food Ingredients Company for Sale in Szeged, Hungary

- Established manufacturer of spices and seasoning products with over 25 years of market presence.

- We primarily manufacture private label products for the retail market and we also manufacture products under our own brand.

- The majority of our sales (78%) are through private label manufacturing and the rest is through our own branded products.

- Have contracts with 3-4 retail and discount stores for branded and private label products, 80% domestic and 20% export of sales.

- Have won a contract worth more than EUR 1.2 M already but have not started due to lack of working capital.

- Due to a lack of capital, we were unable to finalize half of our active contracts. As a result, our sales were impacted and we are currently operating at a loss.

- Business is owned by 4 family members and the promoter is the managing director.

- We have an active bank loan of HUF 210 million and the debts/liabilities will be transferred over to the buyer.

Spices, mixed products, seasoners, grill and BBQ products, dried vegetables and fruits, and food packaging service for almost all kinds of dried foods.

- Complete site with warehouses, office building, 8 complete packaging lines, milling line, mixing facilities, all material handling equipment,

- Active contracts, brand, and license.

Owned land – 6,511 m2 with 4 buildings of 1,609 m2 area overall - 95 m2 office + 914 m2 factory, and 600 m2 warehouse.