Kitchen Utensils Company for Sale in Bangalore, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 60 thousand |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Household Products + 1 more |
Locations | Bangalore |
Local Time | 6:13 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Bangalore based start-up company that manufactures biodegradable straws and pens.
- Business started five months ago, but we had to stop operations because of the lockdown.
- Our products are 100% biodegradable and 100% natural.
- Served around 30 clients in India and few clients in the USA, France, Polan, Canada.
- Some of our clients are Unibic, Hard Rock Cafe, Casa Bacardi, Watsons, The Bombay Canteen.
- Facility can produce 4 lakh straws and 20K pens per month.
- In 5 months we managed to get orders worth INR 4 crore but due to the current situation, many of them got cancelled.
- Products are design patented.
- All promoters are serial entrepreneurs and are looking for the full sale of the business or part acquisition.
- We plan to restart the business if we find an investor or we would like to sell the business as it is.
- Business has enough clients and potential to reach INR 1 Cr revenue easily.
- Physical assets include vehicles, machinery, equipment, tools and inventory.
We produce reed biodegradable reusable drinking straws of 7.75 inch, 5.5-inch cocktail single-use straws, pens with stainless steel refills completely recyclable and 100% biodegradable.
Soon to launch products are organic toothpaste tablets, baked edible cutlery, bio plastic based containers, single-use plates and cutlery, alkaline water, bio toothbrush.
7,500 sq ft factory with capacity of 100 machines and storage. Rent for the facility is INR 75K per month. We have own vehicle for procurement.
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Earlier than 15 daysDirector, Import Export Freight Forwarding, Raipur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Recreational And Sporting Activities, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysIndividual, Investor, Mountain View, Individual Investor / Buyer connected with the Business