Established OTC Distributor Raising Funds in Lucknow
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Product / Service
They supply over-the-counter (OTC) products in high demand, including pain relievers, cough and cold remedies, allergy medications, digestive aids, a sugar meter, test strips, blood pressure monitors, and skincare products.
Clientele type
Medical retail outlets, Major Hospitals, Nursing Homes, Govt. Orders Suppliers through GEM Portal, To the CMO and Distt. Hospitals.
Premises
OWNED
Premise Size: 500 Sqft
Market Value (in INR): 6,000,000
The premise is located in the center of the city.
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Asking Price
INR 1.00 Crore
Minimum ticket size
INR 3,000,000 (INR 30.00 Lac)
Reason
They are raising funds to boost business operations and increase turnover to maximize the business growth potential.
Other Details
They are leading pharma / OTC distributors of Lucknow, they started the business in 1995, and after a few years their elder brother also joined the team and now they have established a strong network in the market in the last two and half decades.
The business is being run by partners with about twenty years of working experience in a leading FMCG company with a team of dedicated salesmen and office backups.
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₹10 to ₹200 Cr
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