Sugar Factories for Sale in Bidar

- 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.