Profitable Baker near Panvel Looking for Expansion Funding
Product / Service
This 14-year-old business is into manufacturing of patties, pastries, cakes, toasts, khari, biscuits, breads and other daily bakery products.This successfully running business is interested in taking the entire growth to the next level, the three directors are interested in expanding the business not only in the areas of operations but also by introducing various revenue channels. To serve the purpose the company is willing to raise around INR 2.1 Cr. The investor will get 15% stake in the business as well as the shop owned by one of the shareholders (current market value :INR 1.6 Cr.) and return on the invested capital would be INR 15 lakhs per annum. Last financial year's earning was around INR 1 Cr.
Reason
Personal Financial Issues and looking for a stronger business partner
Business Tags
₹10 to ₹200 Cr
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