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Nutrition Food Company for Sale in Chennai, India

Non-operational Chennai-based research and development-driven business focused on food innovations and floating restaurant designs.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 26 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants + 1 more
Locations  Chennai
Local Time 9:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 520 thousand (Native Currency: INR 50,000,000)
Reason: The owner wishes to exit due to personal and professional commitments and a lack of strong ecosystem... View More
Includes physical assets worth USD 210 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Chennai-based research and innovation company with over 7 years of operating history, incorporated 5 years ago as an OPC Private Limited company, with a focus on food & beverages, and technology.
- The business is currently non-operational and was commercially active for approximately 4 years before intentionally shifting its focus toward research and development and pivoting its operations.
- During its operational period, the business generated revenue from a commercial ship energy-saving proprietary algorithm product, serving ship managers on a contract basis with monthly billing cycles.
- The last reported annual sales were approximately INR 25 lakh, after which the business ceased commercial sales to focus on R&D.
- As part of its pivot toward food-related innovations, the business developed proprietary floating restaurant designs and concepts, along with FSSAI-compliant healthy food products, such as smoothies targeted at diabetic and health-conscious consumers.
- The healthy food products have undergone testing and received positive feedback from doctors but remain in the pilot phase and have not yet been commercialized.
- The owner is an experienced researcher and inventor with a PhD and a background as a federal government scientist, submarine design specialist, and circular economy innovator.
- All these activities were registered and conducted under the same Pvt. Ltd. entity, and we are selling the entire company as a food & beverage innovation business, along with all its activities.
- The company is registered with the MCA and is seeking potential buyers to commercialize its food products, floating restaurant concepts, and other proprietary innovations.
Products & Services Overview
The business has developed:
- Ship energy-saving and fuel-emission reduction software algorithms sold on a contract basis to ship managers for monthly performance and compliance reporting.
- Proprietary floating restaurant concepts and designs for hospitality and leisure businesses.
- Healthy smoothies and homemade health mixes made from rice, millets, and pulses, targeted at diabetic and health-conscious consumers and offered in 20 g sachets and other formats.
Assets Overview
- Physical assets include approximately INR 2 crore worth of tangible assets, including a company-owned 2,000 sq. ft. apartment in Chennai used as office and R&D space which is about 80-85% of the total asset value, a Corolla Altis car, a Dell G5 laptop, other office and R&D equipment, and approximately 100 units of pilot health-mix product inventory.
- Intangible assets include the proprietary ship energy-saving and fuel-emission reduction algorithm, associated software and monthly reporting framework, floating restaurant concepts and proprietary designs, healthy smoothie and homemade health-mix formulations with FSSAI compliance and test certificates, product designs and branding, and all related inventions, ideas, and intellectual property.
Facilities Overview
The business has an approximately 2,000 sq. ft. apartment in Chennai, which is owned and used as its main office and R&D facility.
Capitalization Overview
The business has been funded primarily through the promoter’s own capital. There are currently no outstanding loans or external debt. As an OPC private limited company, it has a single shareholder, the promoter, who holds 100% ownership and control. No external equity investors are involved.
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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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