Rice Mill for Sale in Nagpur, India
Steam, boiled and raw rice milling plant with godowns for storing paddy, rice and bran.
This transaction has concluded.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | INR 12 crore |
| Run Rate Sales | INR 24 crore |
| EBITDA Margin | 15 % |
| Industries | Rice Mills |
| Locations | Nagpur |
| Local Time | 12:16 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
INR
6 crore
(Native Currency: INR 60,000,000)
Reason: The owners wish to exit the business as they are not interested in operating it anymore.
Includes physical assets worth
INR
6 crore
Interested to connect with advisors
Documents
GST Certificate
(75.0 KB)
Business Overview
- Rice mill that purchases paddy from a network of local farmers and then manufactures & processes it into different types of rice at their in-house facility.
- About 10 percent of the company's total revenue is generated through the sale of by-products such as husk, bran, and cattle feed.
- The majority of revenue is generated through the sale of primary products i. e. rice to our clients.
- We do not package it under our own brand name. Rice is simply sold in bulk and packaged in large boxes. Clients are typically branded-rice companies who outsource manufacturing; independent retail store owners, distributors, and wholesalers.
- We have about 15 recurring clients.
- The plant is set up in a prime location where the paddy can be purchased directly from the farmers as the plant is surrounded by paddy fields.
- The revenue decreased last year due to the operational difficulties caused by paddy fields. the pandemic. However, we are on track to regain our pre-pandemic performance this year which has caused massive growth in revenue.
- The business has a debt of INR 2 crores. We have been paying monthly EMIs for the same. There are no other business loans, overdue, or defaults.
- The company has two directors. The ownership split between them is 75 & 25 percent. There are no outside investors or shareholders.
- The buyer gets the entire land of 2.75 acres owned by the business; a manufacturing unit with all machinery and equipment; and other infrastructure like servant quarters located in the facility.
- About 10 percent of the company's total revenue is generated through the sale of by-products such as husk, bran, and cattle feed.
- The majority of revenue is generated through the sale of primary products i. e. rice to our clients.
- We do not package it under our own brand name. Rice is simply sold in bulk and packaged in large boxes. Clients are typically branded-rice companies who outsource manufacturing; independent retail store owners, distributors, and wholesalers.
- We have about 15 recurring clients.
- The plant is set up in a prime location where the paddy can be purchased directly from the farmers as the plant is surrounded by paddy fields.
- The revenue decreased last year due to the operational difficulties caused by paddy fields. the pandemic. However, we are on track to regain our pre-pandemic performance this year which has caused massive growth in revenue.
- The business has a debt of INR 2 crores. We have been paying monthly EMIs for the same. There are no other business loans, overdue, or defaults.
- The company has two directors. The ownership split between them is 75 & 25 percent. There are no outside investors or shareholders.
- The buyer gets the entire land of 2.75 acres owned by the business; a manufacturing unit with all machinery and equipment; and other infrastructure like servant quarters located in the facility.
Products & Services Overview
We sell the following products:- White rice.
- Brown rice.
- Broken rice.
- Byproducts of the manufacturing process: husk, bran, and cattle feed.
Assets Overview
Physical assets include:- Company-owned land of 2.75 acres, the current land value in this region is INR 22 lakh/acre.
- Company-owned built-up area on the land includes 2 warehouses; 1 manufacturing unit; with residence and servant quarters.
- Manufacturing machinery & equipment that can manufacture three types of rice.
Facilities Overview
- The business runs operation from a company-owned land spread across 1 acre in Nagpur, Maharashtra.- There are two warehouses along with a manufacturing unit constructed on the land. These facilities are also owned by the business.
- Company has additional land of 1.75 acres nearby. This land is also included in the sale.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysManager, Food Processing, Melbourne, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Footwear, Nagpur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysEquity Trader, Insurance, Mumbai, Individual Investor / Buyer connected with the Business
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