Profitable Food Wholesale Business for Sale in Gujarat, India
|Employees||5 - 10|
|Legal Entity||General Partnership|
|Reported Sales||USD 700 thousand|
|Run Rate Sales||USD 360 thousand|
|EBITDA Margin||23 %|
|Industries||Food Wholesale + 1 more|
|Local Time||9:44 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Company engaged in export of processed food items currently with a product portfolio of 45 items.
- Supply food items to the UN peacekeeping forces across 6 missions through 5 global contractors.
- On average we export 7-8 bulk orders in a month.
- We procure the goods from 7 vendors across India and pack them under our brand name and supply it to 6 countries namely Kenya, Somalia, few parts of the USA, and Mali.
- We have long-term contracts for 3 years with the contractors and major 3 other clients from these countries as well.
- We have experienced a high growth because last year we were just supplying to 2 contractors but now have resumed supplying to 5 contractors and are back on track with an annual growth rate of 110% per annum since 2017.
- We have our own brand of food products.
- There has been reduction in the sales run rate due to Covid.
Processed food such as biscuits, sauces, jams, peanut butter, honey, canned vegetables & fruits, coffee, pulses, grains, ready to eat meals, frozen vegetables, dairy products, etc. are supplied to the UN for direct use in their army kitchens.
Assets not included in the sale. We will be handing over the entire business and assisting in growing the UN business for a period of 6 months until the new team gets familiar with the business.
1,500 sq. ft. owned office along with 15,000 sq. ft. of owned warehouse space.
5 days, 5 hours agoMD, Financial Services, Indore, Individual Investor / Buyer connected with the Business
Earlier than 15 daysPartner, Minerals And Plastic Packaging, Navsari, Individual Investor / Buyer connected with the Business
Earlier than 15 daysChairman And CEO, Polymer Products Manufacturer, Cap-Pelé, Individual Investor / Buyer connected with the Business