Coconut Products Business Raising Funds In Mumbai
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About Business
The owner started a retail business in Mumbai four months ago. This business operates as a prototype store offering coconut-based beverages alongside healthcare and home care products. The owner plans to expand by opening walk-in stores across Mumbai, where customers can choose from a variety of edible options, including ice cream and coconut-based beverages. Additionally, the store features shelves stocked with other natural coconut-based products.
The owner is directly involved in manufacturing these products, which include coconut milk blended with fruit pulp. These beverages are preservative-free, sugar-free, and suitable for lactose-intolerant individuals. Being entirely plant-based, they cater to both vegetarian and vegan consumers. Other coconut-based products available include face wash, toilet cleaner, and serums, all made from coconut-derived ingredients.
The prototype store is fully operational and currently serves corporate clients. Alongside this retail venture, the owner has been running a wholesale business for the past five years, specializing in selling tender coconuts. This wholesale operation is supported by the owner's 2,000+ acre coconut farm in Coimbatore. The business generates a turnover of INR 7 crore with a 20% profit margin. Having established a strong foundation in the wholesale market, the owner is now leveraging this success to enter the retail industry. With a steady supply of raw materials, the business is well-positioned to cater to the entire Mumbai market.
Clientele type
Currently, the clients are corporate walk-ins in the prototype store.
Premises
OWNED
Premise Size: 225sqft
Market Value (in INR): 1.00 Cr
The owner has a prototype store in Navi Mumbai.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Reason
The owner is looking to raise funds to open walk-in stores in Mumbai, on debt basis.
More Details
Currently, there are 10 employees working in the company.
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₹10 to ₹200 Cr
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