Sugar Factory for Sale in Bidar, India

- Business is a 41 year old khandasari sugar mill factory in Bidar, Karnataka.

- The factory is set up on 10 acre land.

- It is run seasonally for 4 months only from November to March when the sugarcane produce is available.

- During those 4 months, 550 tones of sugarcane is crushed daily yielding 8.5 ton of sugar. Maximum installed capacity is 650 tones.

- All the sugarcane is sourced from 5,000+ sundry farmers in the vicinity. We are the one of the main sugar mill in this vicinity and have an excellent reputation.

- Around 165 migrant workers from Rajasthan and Uttar Pradesh come to the factory for 4 months to carry out production. So round the year there are no overhead costs.

- Sugar is sold to most parts of southern India via our channel of distributors. We have an established and trusted brand name.

- The EBITDA varies according to the season, sugarcane cost and prices of sugar but on an average 15% is earned from the revenue earned in 4 months.

- Residue from production are molasses, which is sold to breweries nearby and sugar pulp, which is used to generate electricity for the factory.

- As it is an old, traditional, khandasari factory, the buyer can invest INR 3-4 crore if they wish to convert it into new and upgraded factory.

- As a benefit of a khandasari factory, we get a lot of tax exemptions that add to the profit.

- Looking for buyers to continue the business and are preferably from Hyderabad.

5 varieties of sugar, bagasse, sugar pulp and molasses.

The 10.8 acre land is owned by the company. There are numerous machines details of which will be made available on request.

We have a 10.8 acre of land of which 3 acre is built-up for factory. It is located in a sugarcane hub and near good water source.