Invest in Food Products Manufacturing Business in Gujarat
A manufacturer of food products of world origin producing various Nut Butters such as Peanut Butter, Cashew Butter, Almond Butter, Sesame Butter (Tahina) is looking for investors for expansion. The products are positioned at the high end of the market in terms of quality and a pricing that isn’t really cost prohibitive. The company has been in the business now for six months now and has grown in popularity. It aims to achieve sales of ₹ 20 Crore by 2016 end and plans to assign distributorship across 16 states for its products. Currently, there are two main line of products - Natural Peanut Butter and Tahini (a Mediterranean sesame seed sauce). The Production Facility is located near Rajkot. At present, the company targets (1) Branded retail outlets (already got contract with a major retail sector chain with 300+ stores); (2) Wholesale distributors in Gujarat, Maharashtra, Delhi and South India; (3) Hotels, Restaurants and Catering (started with a hotel chain); (4) Exports (in communication with potential customers in 2 countries unexplored by competitors). The company is looking forward to 2 rounds of investment – Phase I: US$ 0.6 Mn ~ (₹3.70 Cr.) and Phase II: US$ 0.4 Mn ~ (₹2.47 Cr.). Complete business plan will be shared with genuine investors.
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