Listing Details : LB-7466

Asking Price 8 Crs
Turnover 1.5 Crs
Legal Entity Proprietorship
Category Food Product Companies
Sub Category Processed Foods
Business Listed By Business Owner

Overview

A Vinegar and Specialized Vinegar Manufacturing unit currently having 3 variants is available for takeover in Gujarat. The unit is 130 years old and supplies majorly in wholesale market, restaurants, hotels, commercial kitchens, water treatment plants, pickle companies etc. The unit is made on leased premises of 6300 sq. mtrs. out of which 12000 sq.ft. is the built-up area with the rent payable of Rs 1 lac per month. The product is utilized as an intermediate/ingredient but enjoys 3- 4 dimensional growth potentials: Culinary (in bulk and retail). Health food, Unani, Ayurvedic, & Alternative medicine, Religious specific food. Currently, the unit's production is 2 lac liters per annum whereas the capacity is 3 lac litres per annum.

Year of Establishment

1900

No. of Employees

19

Current Status of Business

Running Profitable

Business Relocatable

Yes

Property Type

Leased

Rental per Month

1 Lacs

Describe Property

The unit is made on leased premises of 6300 sq. mtrs. out of which 12000 sq.ft. is the built up area with the rent payable of Rs 1 lac per month.

Competition / Market

Competition from large players

Products & Services

The firm is a manufacturer and exporter of Brewed Vinegar (Prepared from sugarcane juice), and has 3 variants

Growth Potential

As far as our country is concerned, natural vinegars never had the chance of coming into prominence. It is only after players like Heinz, Braggs, American garden etc. ventured into our market after that an immense level of awareness has been attained Below quoted potentials, still remain to be explored and exploited -Culinary aspects (retail marketing potential) -The health food potential -Alternative medicine potential -Religious specific potential Since the product has been utilized as an intermediate the firm remained behind the curtains The management feels that this is the right time for a professionally managed company to step in and transform the brand from just a culinary food company to a multi dimensional conglomerate. If the brand gets a sound financial backing and promotion, only the sky is the limit.

Reason For Sale

Personal Reason.

Financial Details

Listing Details : LB-7466

Asking Price 8 Crs
Turnover 1.5 Crs
Legal Entity Proprietorship
Category Food Product Companies
Sub Category Processed Foods
Business Listed By Business Owner

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