Herbal Product Company Looking For Acquirer In Chennai
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Product / Service
The company specializes in the manufacturing and marketing of herbal-based beauty products, with a portfolio of over 54 products currently available in the market. Additionally, several new products are in development.
Clientele type
The company currently has over 1,000 clients who regularly use its products.
Premises
OWNED
Premise Size: 800
Market Value (in INR): 1.00 Cr
The premises are under a temple lease in the name of the founder. While the lease cannot be transferred, the property can be used under the terms of a lease agreement with rent.
Asking Price Includes
Formulation of products, existing machinery, continue current premises on rent, founder to continue to mentor for 2yrs full time for business stabilization
Reason
The founder envisions passing the business on to the next generation, with the hope that it will continue to grow and thrive. Recognizing the huge market potential, the founder wants to ensure the business's success in the long term.
However, due to age and increasing focus on other socially beneficial interests, the founder is unable to devote the necessary time and energy to marketing and expanding the business. The founder seeks to hand over the company to the next generation, ideally someone who has the passion to grow the business and fully understands its true value.
Other Details
The founder possesses extensive knowledge of herbal medicines and their formulations, which has played a key role in launching over 54 successful products, with several more in the pipeline.
The founder is keen to grow the business and is open to collaborating with an investor for the next 2-3 years. While the asking price is negotiable, the primary focus is on ensuring the company’s growth and enhancing its brand value.
Having been in operation for over 30 years, the company has established a strong brand presence and value in the market.
Business Tags
₹10 to ₹200 Cr
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