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Spices Business for Sale in Lucknow, India

Business that was into spice manufacturing and supplied the products to 50 retail stores.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 1.05 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Spices
Locations  Lucknow
Local Time 4:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 8.4 thousand (Native Currency: INR 800,000)
Reason: We cannot run the business as we are not experienced in this field.
Includes physical assets worth USD 6.3 thousand
Interested to connect with advisors
Documents
Business Overview
- Business that was into manufacturing pure spices, mixed spices, and blends.
- We manufactured a range of spices like turmeric, chili powder, coriander, etc.
- Our business shut its operations a few months back as we were unable to run the business hence are not generating any sales as of now.
- We generated INR 40,000 per month as revenue when we were operational.
- We had tied up with 3 suppliers for raw materials.
- We were selling the products to retail shops in Lucknow and were actively selling to 50 retail stores.
- Business has no loans and is run by 2 owners with equal ownership stake in the business.
Products & Services Overview
Manufactured and packed pure and mixed/blended spices like chili powder, coriander powder, turmeric, bay leaf, cardamom with the recipes created on our own research.
Assets Overview
Assets include all the 3 machines out of which 1 is fully automatic and 2 are semi-automatic, spice grinder, and packaging equipment. The buyer will also get the trademark with the food license.
Facilities Overview
500 sq. ft. rental space with 5KWH commercial connection. We pay a monthly rent of INR 10,000 and the lease is transferable to the buyer.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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