Rice Mill for Sale in Gosaidih, India

For Sale: Rice mill of Buhler and Miltech make with a 12 TPH production capacity.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 4 million
Run Rate Sales USD 2.4 million
EBITDA Margin 5 %
Industries Rice Mills
Locations  Gosaidih
Local Time 4:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3 million (Native Currency: INR 220,000,000)
Reason: Owner is in financial distress due to the pandemic and is finding it difficult to support the busine... View More
Includes physical assets worth USD 3 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Process and sell rice from paddy plants. Own a factory that has a capacity of 12 tons per hour. On a daily basis, the business produces over 200 tons.

- Business has over 200 suppliers of paddy plants. Have more than 100 buyers for our products. Products are sold through markets in Delhi and Gurgaon. Over 30% of the final manufactured quantity is exported with 70% being sold internally. Export orders range from 1,000 ton to 3,000 ton. Demand for the products vary extremely.

- Run rate sales have dropped due to a decrease orders arising from the restrictions imposed due to the COVID 19 pandemic.

- Owner has an outstanding loan of INR 7 crore and has received an OTS settlement on the loan. The outstanding debt will be transferred to the new owner and it has been included in the asking price.

- Have hired around 250 workers on a contract basis out of which around 50 workers are skilled.

- The value of the physical assets are the entire set up costs and the value of the property. Heavy duty machinery such as boilers, driers, and generators are involved in the transaction. The machine is automatic and of Buhler and Miltech make.

- The value of the inventory involved in the transaction is INR 1 - 2 crore.

Products & Services Overview

Rice.

Facilities Overview

Owns a factory that has a size of 2 acres on NH-33, Ranchi-Tata Highway. Have an attached office with an area of 1,050 square feet and a warehouse with an area of 60,000 square feet.

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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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