Food Processing Company Looking for Investment
About Business
It's Mumbai Based Company manufacturing a wide range of food Products like different Hakka Noodles, Sauce, Vinegar. The company manufactures best in quality product and its products are always in high demand. Their capacity all product is 2 tons per day. They have good sales with 18 percent operating margin. They cover different states with 100 distributors. The company has purchased land and existing rented space needs to be shifted to new premises to reduce lease cost and to have increased production. The company has some unutilized production capacity and with an increase in working capital, production can be increased and sales will continue to be healthy. The company has already devised a retail strategy which will boost brand image and increase its retail presence and they are working to increase its distributors' channel in other states. The company is looking for Rs 1 crore in lieu of equity to increase production and use the money for working capital and repayment of debt.
Reason
Looking investment for expansion
Keywords
Business Tags
₹10 to ₹200 Cr
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