Growing Cocktail Mixers Brand For Sale/Partnership In Panaji
About Business
We manufacture and sell ready-to-drink cocktail mixers. Presently we have 6 flavors and 4 other flavors are ready to launch.
Clientele type
We have customers in FMCG, HORECA, B2B Gifting, Festivals, Blinkit, Amazon, and Modern Trade.
Premises
LEASED
Lease per month (in INR): 47.25 K
Security Deposit (in INR): 1.35 L
Carpet Area: 2,000 sq ft
The plant can produce up to 33,000 bottles(200 ml) a month with 1 shift.
Asking Price Includes
We are looking to raise funds of INR 3Cr or exit the business at the valuation of 10 Cr.
Reason
Running out of funds to operate the business.
More Details
India is ranked as the world's second-largest consumer of spirits based on volume, with a notable rise in the consumption of premium and imported spirits. The COVID-19 pandemic has led to a significant increase in at-home consumption of spirits. However, this has not necessarily translated into cocktail consumption due to the limited availability of high-quality mixers in the market. Our Cocktail Mixers have achieved an impressive repeat rate of 42%. At present, our gross margins stand at 43% with a capacity utilization of 20%. The mixers and beverages category is experiencing robust growth, with a healthy compound annual growth rate (CAGR) of 8.9%.
Keywords
Business Tags
₹10 to ₹200 Cr
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