Spices Business Investment Opportunity in Pune, India
|Employees||2 - 5|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 8 thousand|
|Run Rate Sales||USD 1.6 million|
|EBITDA Margin||10 %|
|Industries||Agriculture Wholesale + 1 more|
|Local Time||5:35 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Trade and export spices, dry fruits, fruits, vegetables and grains. Over 98% of the business' revenue comes from trading spices. In spices, we primarily deal with cumin seeds and black pepper seeds.
- Receive over 50 - 100 purchase orders monthly out of which we can complete 5 - 6 orders. Each order has a minimum value of at least INR 10 lakh and it can go up to INR 30 lakh.
- Have 4 fixed suppliers of spices i. e 2 for black pepper and 2 for cumin seeds.
- Business experienced exponential growth because we were able to enter into a profitable agreement with these suppliers. According to the agreement, the suppliers need to supply 200 - 300 tonnes of spices on a monthly basis at a discounted price. The duration of this agreement is 3 years and 6 months have passed since we entered into this agreement. Prior to this agreement, we had strong demand but we were not able to match with the supply.
- Have 1 regular client in Canada and over 60 - 70 regular clients in India.
- Business has hired 3 staff members that are engaged in generating leads. To that extent, the company has profiles on multiple online portals such as TradeIndia and BizBangladesh.
Trade and export spices, dry fruits, fruits, vegetables and grains. Over 98% of the business' revenue comes from trading spices. In spices, we primarily deal with cumin seeds and black pepper seeds.
Besides the property value and all of its related furnishings, the business owns 3 laptops.
Rented office space with an area of 300 square feet. Pay a rent of INR 8,000/monthly. Have already paid a deposit of INR 20,000 deposit.
Owned office space with an area of 200 square feet.
Earlier than 15 daysLead Manager, Financials, Pune, Individual Investor / Buyer connected with this business
Earlier than 15 daysDirector, Engineering, Pune, Corporate Investor / Buyer connected with this business
Earlier than 15 daysDirector, Business Consultancy, Bangalore, Individual Investor / Buyer connected with this business