Spices Company for Sale in Mumbai, India

- We are pleased to introduce ourselves as one of Mumbai's leading spices manufacturing organizations.

- Have been in existence for more than 23 years in this industry with a presence across India holding a strong foothold in Mumbai, Maharashtra and Gujarat amongst others.

- We have 2 brands, one for the B2B market and another brand for B2C customers.

- B2B sales generate more revenue compared to B2C.

- We have 218 SKUs at the moment.

- Our manufacturing plant is located at Manor – Wada road with our head office at Goregaon West.

- This is totally a debt-free (cash surplus) and profitable company.

- We have a strength of 75+ sales force, 450+ distributors, and 600+ open market parties.

- Production capacity is 500 tons of spices per month.

- Last year's turnover was at INR 60 crores (was expecting INR 70+ crore but was hit by Covid). Next fiscal financial year, we expect INR 90 crore with a vision to cross INR 100 crores in the next 2-3 years. Unaudited EBITDA for this year is 21.04%

- We intend to outright sell 100% equity of our organisation (operational support will be provided if required).

- Company has 3 shareholders with a different shareholding patterns.

- Business was started in 1999 and incorporated as a private limited company in 2005.

All types of spices processing, packaging and selling with 218 SKUs.

Assets include the land, building, office, machinery and equipment.

Owned 65,000 sq ft facility with 2 floors.

The business has zero debts and is funded entirely by the present propreitor the business does not have any outstanding liabilities.