Listing Details : LB-10658

Asking Price 18 Crs
Turnover 20 Crs
Legal Entity Partnership-LLP
Category Food Product Companies
Sub Category Frozen Foods
Business Listed By Business Owner

Overview

A successfully running ISO 22000 approved and FDA certified state of the art Frozen Food Processing, storage and packaging company with a strong brand presence in northern India known for quality which we achieve through high-end European and American imported machinery is available for a full takeover. The plant is strategically located near major raw vegetables procurement areas. We process, freeze and sell many vegetables like peas, sweet corn, diced carrot, French beans, cauliflower, capsicum, okra, broccoli etc. Processing capacity is 2.5 MT/hr and storage is 9000 MT (3000MT Frozen and 6000MT Cold Storage). The major clients are from Punjab, Himachal Pradesh and Haryana. We are also venturing into Exports and the first shipment has already be done. We plan to construct a Juice Bottling Unit in the vacant plot and also process Potato for markets in and outside India.

Year of Establishment

2010

No. of Employees

8

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

15 Crs

Property Classification

N.A

Describe Property

Plot size of main property - 14237 Sq meters, two adjoining properties included in this deal - 6812 sq meters and 6912 sq meters. Building, machinery and plant built on primary property valued by bank.

Competition / Market

There are food processing units but machines are not as good so quality is not long lasting especially for transportation. Market is huge as frozen vegetables are being supplied to all hotels, restaurants, airport lounges, railways because they are fresher than if bought from local market because nutrients are preserved by ice so no other chemicals are used.

Products & Services

Processing, freezing, storage and packaging of raw vegetables like peas, sweet corn, diced carrot, French beans, cauliflower, capsicum, okra etc along with packaging and selling in own established brand name

Growth Potential

This deal also includes nearly land in sister concern which can be used for bottling plant or snacks or any other similar businesses.

Reason For Sale

Have been planning to retire and after suffering some losses during COVID lockdown, finally decided.

Financial Details

Listing Details : LB-10658

Asking Price 18 Crs
Turnover 20 Crs
Legal Entity Partnership-LLP
Category Food Product Companies
Sub Category Frozen Foods
Business Listed By Business Owner

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