Profitable Spices Business Investment Opportunity in Chennai, India
Cooking spices and pastes manufacturing company seeks investment for expansion and working capital.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 70 thousand |
| Run Rate Sales | USD 14 thousand |
| EBITDA Margin | 40 % |
| Industries | Spices |
| Locations | Chennai |
| Local Time | 9:22 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
590 thousand
for
40.0%
stake
(Native Currency: INR 50,000,000)
Reason: - After Masala pastes recipe R&D for a year we started our sales from June 2021, but we could not cr...
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Includes physical assets worth
USD
94 thousand
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Business Overview
- We provide a solution for all B2B and B2C customers to buy our masala paste to make their job easier.
- Our customers save lots of effort like procuring lots of groceries and provisions, storing, cleaning, and 80% of the cooking efforts.
- More than 200 SKUs for the future.
- Listed SKUs and tested with our acquainted catering company who serves 21,000 meals a day and they are happy about the solution we provided. Now their efforts are reduced from 60% to 70%.
- We were earlier supplying the products to the big brands but now we have changed the model to direct supply to the catering and another cooking segment. This shift is the sole reason behind the dip in sales but we are expecting on get back on track within a couple of months.
- The company is being transformed from a sole proprietorship to a private limited.
- Pending loan of INR 20 lacs from MSME department.
- Our customers save lots of effort like procuring lots of groceries and provisions, storing, cleaning, and 80% of the cooking efforts.
- More than 200 SKUs for the future.
- Listed SKUs and tested with our acquainted catering company who serves 21,000 meals a day and they are happy about the solution we provided. Now their efforts are reduced from 60% to 70%.
- We were earlier supplying the products to the big brands but now we have changed the model to direct supply to the catering and another cooking segment. This shift is the sole reason behind the dip in sales but we are expecting on get back on track within a couple of months.
- The company is being transformed from a sole proprietorship to a private limited.
- Pending loan of INR 20 lacs from MSME department.
Products & Services Overview
We are into manufacturing of:- Tiffin sambhar paste.
- Meals Sambar paste.
- Rasam paste.
- Karakuzhambu paste.
- Vatha kuzhambu paste.
Assets Overview
- Kitchen equipment like hundis, 2 burner gas, range, biogas range, instant grinder wet grinder, mixer, cook wok (250 liters), combi oven 40 trays, combi oven 20 trays, kneader, freezer and cooler, tawa of 6 and 3 feet each, steel washing tables and steel cutting tables, etc.- Other equipment and machines like a vacuum cleaner, computer & printer, fire extinguishers, fans, TV, storeroom stands, bike and car, food packing carriers, generator, water tanks, motor, facility advance, infrastructure built cost and CCTV cameras, etc.
- Licenses, Registrations, customer data, etc are the intangible assets owned by the company.
Facilities Overview
We have rented a 5,000 square feet of kitchen setup with kitchen equipment worth around 80 lakhs. We are in process of transforming our kitchen into a food factory to manufacture masala paste.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Bakery Products, Indore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Chemical, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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