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Spices Company for Sale in Tbilisi, Georgia

High-quality dried bay leaves business for sale, established global network in the spice market.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2.9 million
Run Rate Sales USD 3 million
EBITDA Margin 20 %
Industries Spices
Locations  Tbilisi
Local Time 11:00 AM Asia / Tbilisi
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 3.3 million (Native Currency: USD 3,300,000)
Reason: We are looking to sell this business to focus on a second venture in the tourism sector based in the... View More
Includes physical assets worth USD 1.5 million
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Business Overview
- Specializing in the cultivation and processing of high-quality dry bay leaves for various culinary uses.
- Full export operations worldwide, with a strong focus on international markets, particularly in China.
- We maintains long-term relationships, over 15 years, with 20 global customers primarily in the spice and marinade industries.
- We generate revenue through direct sales of bay leaves to vendors and suppliers in the food and beverage industry, leveraging its strong international presence.
- We process 150 tonnes of bay leaves per month.
- During peak season, we hire temporary workers to support bay leaf processing, which boosts our production and revenue. The permanent team consists of 7 employees.
Products & Services Overview
Our best-selling product is dried bay leaves, widely used in the cooking and marinade industry.
Assets Overview
Physical assets:
Factories with full equipment, currently 4,000 sq. m. bay leaf plantation behind the production unit, 300 kW power transformer on-site, 25 kW backup generator, and land.
Intangible assets:
Business registration certificate, GACC China export code and import/export license.
Facilities Overview
We own the entire 12,000 square meter property, which includes bay leaf processing factories and plantation areas.
Capitalization Overview
The business was founded by two brothers who are equal (50/50) shareholders. It is entirely owner-funded with no debts. They are looking to sell in order to focus on a second venture in the tourism sector in the capital, as it's not financially feasible to run both businesses simultaneously.
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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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