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Profitable Food Wholesale Business for Sale in Gujarat, India

Merchant food exporter to UN Peacekeeping Forces seeks complete sale of business.
This Business is on a Premium Plan
Established 10-20 year(s)
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
Locations  Gujarat
Local Time 5:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 500 thousand (Native Currency: INR 40,000,000)
Reason: We are looking to sell this business in order to move further with our other business projects. We h... View More
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Business Overview

- 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.

Products & Services Overview

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 Overview

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.

Facilities Overview

1,500 sq. ft. owned office along with 15,000 sq. ft. of owned warehouse space.

Capitalization Overview
Not Disclosed
Recent Activity
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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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