Well Established, Profitable Namkeen and Snacks Manufacturing Business for Sale in Bhavnagar

Listing ID: SL004766
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

A trusted name since 2003, based in Bhavnagar, Gujarat, India, manufactures and distributes Indian savories. It is registered as a Partnership entity. Meet food safety standard and provide clients with premium quality Snacks and Namkeen. Their products include varieties of potato chips, chevda, mung dal, chana dal, shing bhujia, snack sauce, etc. Their Brand is with the complete range of Fryums and Namkeen. The products are made by experts and experienced food technicians at the unit and reflect the traditional taste of the Indian people and culture.
USP: Currently, they have 40 distributors in Gujarat. Daily production of 1,20,000 snack pouches. A total number of employees working are 30. Machinery & vehicles: 2 PACE packaging machine, 2 friers, 1 container truck, 6 auto rickshaws, 1 nitrogen plant.
The turnover for the FY 2017-18 was INR 2.5 Cr with a net profit of INR 20 lakhs. Asking price is INR 1 Cr (excluding land)(The promoters wants to sell company name, brand, clients, machinery, vehicles)(breakdown of asking price- Machinery cost greater than 1 Cr)

Reason

migrating to another country

Keywords

₹10 to ₹200 Cr

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