Listing Details : LB-15274

Investment Required 200 Crs
Turnover 2000 Crs
Legal Entity Proprietorship
Category Food Product Companies
Sub Category Food Packaging
Business Listed By Business Broker

Overview

The business opportunity is for a grocery wholesale business based in Hubli, Karnataka, with a rich legacy spanning over 40 years, established in 1984. The business seeks venture funding of 200 crores to create its own brand and develop in-house production capacity. The current model involves purchasing grocery products in bulk and distributing them to retail outlets and stores in smaller packaging, up to 2kgs, to meet the needs of local markets. Orders are processed based on daily requirements, ensuring consistent demand and supply. The business owns a warehouse for bulk storage, particularly for dry fruits, which is central to its operations. With a strong track record and established relationships in the wholesale market, the business is poised for significant growth. The funds sought will help expand operations, enhance production capabilities, and introduce a new brand, capitalizing on the growing demand for quality grocery products. This venture promises substantial growth potential, making it an exciting opportunity for investors interested in the grocery and distribution sector.

Year of Establishment

1983

No. of Employees

N.A

Current Status of Business

Running

Business Relocatable

Yes

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Proposed Deal Structure

N.A

Competition / Market

Yes

Products & Services

Dry fruits Distributors/ Wholesalers

Growth Potential

Very High

Financial Details

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