Mumbai Leading Spices Manufacturing Organization for Sale

Mumbai, Maharashtra, India

Food Product Companies

Asking Price
450 Crs

Category
Food Product Companies

Turnover
63 Crs

Sub Category
Spices & Dried Fruits

Legal Entity
Private Limited

Business Listed By
Business Owner

We are pleased to introduce ourselves as one of Mumbai leading spices manufacturing organization. We are in existence for more than 23+ years in this industry with presence across PAN India holding a strong foothold in Mumbai, Maharashtra and Gujarat amongst others with brands starzing and flavarich. Our manufacturing plant is located at Palghar with our head office in Mumbai. The is company is a totally debt – free (cash surplus) profitable company , we have strength of 75 + sales force , 450+ distributors , 600+ open market parties and more.. Turnover in fy 21-22 closed at 60 crores ( was expected 70+, but was hit by Covid ). Next fiscal fy 22-23 is expected to be between Rs 70- Rs 75Crs crs with a vision to cross Rs 100 crores in 2-3 years. EBIDTA fy 21-22 unaudited is 21.04% We intend for outright sales of 100% equity of our organization. (and operational support will be provided as desired and agreed between us and the Buyer). The Business is growing @ 20 to 25% annually and the brand reach would go beyond the boundaries of the country also.

Year of Establishment

1998

No. of Employees

130

Current Status of Business

Running Profitable

Business Relocatable

Yes

Property Type

Owned

Property Value

70 Crs

Property Classification

N.A

Describe Property

land building Constructions and other properties

Competition / Market

There are other manufacturers in the market

Products & Services

All type of spices being used in cooking

Growth Potential

20%

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

new generation not involved in this business director retire

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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