Looking for strategic investment in Gujarat based food business
5+ years old company engaged in food services business is looking to expand in food processing business. This group is a well-experienced group run by veterans in the food industry. They currently run different profitable food businesses under one umbrella (1) Fine dine; (2) Retail Outlet (3) Dining Hall. The fine dine restaurant is in a posh locality on 3200 Sq. Yards with a capacity to accommodate up to 600 guests on celebratory events. The restaurant has a strong brand name for serving authentic Gujarati food. The retail outlet, situated in a good residential area of Ahmedabad, sells Gujarati items as takeaways for daily meals. The back-end kitchen is located at one of the fast developing areas in Ahmedabad and is spread on 5000 Sqft of space with a godown and bulk kitchen. This unit caters to wholesale, retail and export orders for sweets, namkeens, farsans, dry gujarti foods. Around 60 employees working with the company. The business has been constantly growing revenue since inception. Last year’s turnover was ₹ 1.6 Cr. The promoter has various expansion plans (in and outside Gujarat + essential commodity market) and is interested in getting strategic investment to grow the business in food processing domain. Watch Video Clip for this Listing.
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