Food Processing Business Investment Opportunity in Udupi, India
Established | 1-5 year(s) |
Employees | 50 - 100 |
Legal Entity | General Partnership |
Reported Sales | USD 950 thousand |
Run Rate Sales | USD 1.43 million |
EBITDA Margin | 20 % |
Industries | Food Processing |
Locations | Udupi |
Local Time | 9:37 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We import raw cashew nuts from Africa.
- In the first year we achieved a turnover of INR 3 crores. 2nd year INR 7.9 crores and we are on course for INR 12 crores turnover this year.
- We are growing well while being profitable.
- Also have a lot of opportunities to get government subsidies and other benefits. We have currently been sanctioned with INR 56 lakhs in government subsidy.
- Factory building and machinery are up to date with the current technologies.
- Even the labor is easily available in our area.
- Labour quarters have also been constructed.
- We look to scale the company from here and we are on course to get an SME listing on NSE by next year's end.
Any investor joining us here at this juncture will reap benefits on the last mile investing before we go public where the investor can partially or fully exit his/her shares in the company at very attractive returns.
We cater to both B2B and B2C clients. We sell to wholesalers in the country, ice cream makers, sweet makers, e-commerce suppliers, etc. It is used for direct consumption as well as indirect consumption.
All machines are in working condition and well maintained.
Total land 5 acres (industrial converted)
2 parts i. e. 2.12 acres and 2.90 acres.
The building included around (13,000 sq ft)
- INR 56 Lakhs subsidy has been sanctioned by DIC which will be disbursed in the next 2-3 months and it will be used to close the term loan outstanding amount. Upto INR 90 lakhs subsidy cap has been provided to us by the government to facilitate further investments in the company.
- The company has 2 partners with 70% and 30% partnerships.
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Earlier than 15 daysDirector, Design, Product & Tech, Wellington, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Consumer Goods Trading, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExcellence Leader, IT Services, Mumbai, Individual Investor / Buyer connected with the Business