20 Year Old Chennai based Good Chips Manufacturer with Retail Shop Looking For Exit
Product / Service
Potato chips, Sweet banana chips, Raw banana chips, Onion Chips, Beat root chips.
Clientele type
Per day there is a walk-in of 100 to 150 people at the shop
Premises
We have taken the shop and manufacturing unit on lease.
The carpet area of the retail outlet is 400Sq Ft.
Per month rent of shop is INR 36,000
Security deposit is INR 3,00,000(Included in asking price)
Per month rent of the manufacturing unit is INR 12,000
Security deposit is INR 2,00,000(Included in asking price)
The shop is in the commercial area Raja Annamalai Puram, Chennai
Asking Price Includes
All the business assets which include machine, gas stove, stock.
All the machinery cost us around INR 5,00,000
Reason
we are moving out of town to home town need to have immediate sales
Other Details
We have got a good client base of around 1000 existing customer visit at least once a month, who includes, all major actors and IAS officers.
We having this shop for more than 20years.
We make around 10types of chips
The manufacturing unit and retail outlet are 9KM away.
Per month expenses of the shop are around INR1,00,000
The average cost price of each chip we manufacture is around INR 200/Kg and the average sale price is INR460/Kg
Before corona, we were having a monthly sale of INR30 Lakhs
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?