Spices Business Seeking Loan in Pune, India

- Seller and producer of chemical-free jaggery, whole and ground spices, and ready-to-eat products.

- The products are sold under our own registered trademark.

- Perfectly running condition of the factory.

- Average yearly sales of INR 6.5 crore.

- The buyer gets - machinery, factory furniture, product stock, packaging material, the brand, and registered trademarks, they can also continue in the same leased godown.

- The legal entity is not included in the transaction.

- We sell our products in 7 Indian states and 6 countries, with a 90:10 revenue split respectively.

- Have 76 wholesalers in Maharashtra and 2 super stockists for South India. The super stockists have 900 wholesalers under their umbrella.

- Due to a family issue our funds were tied up and we could not dedicate enough time and money to this business. This has affected our sales this year.

- Premium saffron.

- Chemical-free jaggery.

- Whole and ground spices.

- Ready to eat range.

Tangible assets:

Packaging machinery worth INR 25 lakh.

Packaging materials worth INR 50 lakh.

Raw materials and product stock worth INR 1.2 crore.

All of the above are in perfect working condition.

Our facility is rented and has machines that are in perfect working condition. The facility is located on the South-Eastern outskirts of Pune in an area called Handewadi.

The business is funded by its partners and a few loans. The partners have a 50:25:25 split.

Few bank business loans, and 1 unsecured loan. The pending amount is INR 80 lakhs.

The business is owned and operated by a family.