Well Established Food Manufacturing Business Looking for Raise Funds for Expansion

Listing ID: SL007813
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
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Product / Service

BAKERY,BHUJIA,DRY SWEETS,CHEENA SWEETS

Clientele type

Retailers, Railway Catering Department

Premises

6500 Sq. feet rented premises

Asking Price Includes

Equity

Reason

For Expansion of Current Production Capacity

Other Details

The Company is incorporated in March 2014 as Private Limited based in Kolkata
The Company is engaged in Production of Sweets, Confectionery and Bakery Products
Current Production Capacity of the plant is Rs.40 to 50 Lakhs per month and working capacity is 364 days in year
The Unit is running in 2 shifts from Morning to night
Promoter has hands-on experience in working with the same domain
Presently they have a Monthly average sale of INR 45 Lakhs from their own & franchisee outlets
In addition, they are also getting orders from Railway Catering Department which will be expected to generate an additional INR 2.4 Cr in a year
They have 2-3 other opportunities to grab, which will reach to the sale of INR 7.2 to 8.4 Cr
They are looking for fund raise to increase the current production capacity
Turnover of FY 16-17 is INR 1.95 CR
Turnover of FY 17-18 is INR 4.78 CR
Looking for fund raise of INR 10 Cr

Keywords

₹10 to ₹200 Cr

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