Established Masala Factory Available For Sale In Rewari
About Business
We manufacture coriander Powder, jeera powder, red chili powder, subji masala, turmeric powder, dhaniya powder, and garam masala.
Clientele type
We sold to wholesalers and retailers in Rewari, Narnaul, Bawal, and Neemrana.
Premises
The factory consists of several pieces of equipment, including two Masala grinding machines, two air compressors, one automatic packing machine, and two manual packing machines. Additionally, there are between 5-7 lakh units of packing material present on-site. However, the plant has been out of operation since 2022, and it is unclear when it will resume its operations.
Asking Price Includes
Entire setup including machines and customers.
Reason
As a result of the COVID-19 pandemic, our financial resources have depleted to a point where it has become difficult to sustain the business. Therefore, I am contemplating exiting the business.
More Details
The masala manufacturing and packing business is a lucrative venture with significant growth potential in the market. The masala industry has been experiencing exponential growth in recent years, with an increasing number of people showing interest in cooking and experimenting with different flavors. Additionally, the trend of consuming packaged foods has contributed to the industry's growth. A dormant masala manufacturing and packing business, including machines and clients, is up for sale. The business used pure materials to produce their masala, which gives them a distinct advantage in the market. Consumers are increasingly conscious of the quality of the products they purchase, and the use of pure materials in manufacturing masala is likely to attract more customers. According to a report by ResearchAndMarkets, the masala industry is projected to grow at a CAGR of 5.2% during the forecast period 2021-2026. The report attributes this growth to the increasing demand for ethnic flavors and the rise in the number of food enthusiasts. The Indian spice industry is also expected to reach $18.8 billion by 2026.
Keywords
Business Tags
₹10 to ₹200 Cr
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