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Stock Broking Business Investment Opportunity in Ajman, United Arab Emirates

Promoter of a well diversified firm planning industrialize Golgappa Production In India.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 74 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 3 %
Industries Food Processing + 1 more
Locations  Ahmedabad + 1 more
Local Time 10:59 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 180 thousand for 30.0% stake (Native Currency: INR 15,000,000)
Reason: To kick start the new venture.
Documents
Business Overview

- Golgappa is a very popular street snack in India, and thousands are sold all over the various states each day.

- Currently, Golgappa is meticulously handmade by sellers, sometimes under very unsanitary conditions, and there is no central supplier in place.

- There is a huge opportunity to corner the market by creating the first Golgappa manufacturing plant, which will also allow for hygienic, low cost production, bulk sales, and a greater margin for profit.

- By making Golgappa in bulk via automation with ingredients purchased in bulk, the company would be making a substantial profit even if they were sold at a cheaper price and also cater the heavy demand in the market.

- Promoter already runs an efficient business of Forex trading on behalf of 25 clients and also previously owned a dairy business.

- Promoter is having a business experience of 20 years.

Products & Services Overview

Forex trading.

Golgappa.

Facilities Overview

Rented space of 100 Sq. Ft and looking for space to set up an manufacturing unit.

Capitalization Overview
Not Disclosed
Recent Activity
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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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