Pharmaceuticals Businesses for Sale in Chennai

- We are manufacturers of generic pharmaceuticals. - Manufacturing is done by a third party and we sell the products under our brand name. - We give orders to the manufacturers based on the requirement. - We sell our products to 15-20 distributors who further sell them to 3,00-4,000 pharmacies. - Among the competition we hold the number 1 position in market share in the state. - The top hospital & top doctors use & recommend the product. - We do not require too many employees as the manufacturing is done by a third party. - Promoter has 7+ years of experience in the industry. - The business has a food license and a drug license.

- Our current market is in Kolkata, Orissa, Siliguri, Chennai and a couple of districts near Chennai. - Top gynecologists and obstetricians are prescribing our brand. IVF/IUI clinics have also recognized our brand. - We have one third-party manufacturer in Chennai who manufactures our product. - Our clientele includes 30-40 pharmacies and 60+ doctors' doctor referrals. - The sales of the business are expected to pick up and we are targeting GBP 90k for this financial year. - The business is funded by the majority shareholder, but the brains behind it are located in India and are managing the business. - The business is registered in Kolkata, but it is operating both in Kolkata and Chennai.

- Our business is engaged in selling and marketing diabetic and cardiac tablets in our own brand name. - Have tied-up with two third party manufacturers and source the products from two factories. - We have established brands with registered trademarks and our business has a strong presence in South India. - Currently, we distribute to more than 200 stockists from where our products are redistributed to over 10,000 medical shops thereby reaching the consumer. - The revenue has dropped this year as a few medical stores have been shut and we have discontinued the supply of 2 products. - Our products are prescribed by over 4,000 leading doctors for quality, affordability, and availability. - The business has an overdraft of INR 87 lakh, the overdraft will be cleared by us upon the sale. - The promoter has an educational background an qualification in MBA, MFM (Finance), and MA, MPhil (Economics) - The business has 2 directors one has an ownership stake of 80% and the other has a 20% stake.