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Newly Established Cutlery and Flatware Company Investment Opportunity in Bangalore, India

World's first mass manufactures of edible cutlery, signed a sales contract worth INR 14 crore.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Cutlery and Flatware + 1 more
Locations  Bangalore
Local Time 4:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 200 thousand for 15.0% stake (Native Currency: INR 15,000,000)
Reason: Funds are required to complete the production line with necessary infrastructure and operational exp... View More
Includes physical assets worth USD 200 thousand
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Business Overview

- We are the world's first mass-production line to manufacture edible cutlery.

- Our target clients are in the food & beverage industry specifically take away order market, restaurants, weddings, and corporate events.

- Manufacturing capacity of 60,000 big spoons and 2,00,000 ice cream spoons per shift (8 Hours).

- Marketing and pre-sales started in Europe, Australia, Kuwait, and Canada.

- We have already done market testing for the products and the funds are required to start the production for the orders we have received.

- Identified suppliers to procure raw materials from. The cutlery manufactured will be similar to the ingredients and process in biscuit manufacturing.

- Sales contract is signed with one of the leading distributors in Germany for 15 million units (INR 5.5 crore turnover) and 25 million units (INR 9.5 Crore turnover) for the next 2 years.

- We are also in talks with ice cream cup manufacturers, the verbal commitment of 2 million units of ice cream spoons per month for 1 project. Our business is scalable up to 15 similar projects.

Products & Services Overview

Tasty-mini- ice cream spoon, tasty-maxi- soup or rice spoon, spork which is yet to manufacture. Waste to wealth products for tableware currently in R&D.

Assets Overview

Machinery like pulverizer, dough kneader, extruder, dough sheeter, production line 1 (indirect oven), production line 2 (direct oven)

Facilities Overview

Factory is established at a plot area of 22,000 sq. ft. and built-up area at 11,600 sq. ft. Located in Harohalli industrial area in Kanakpura road. Industrial plot is a rented property. Office space in Bangalore for our sales and marketing team. The total rent paid is INR 1,97,000 per month.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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