Pharmaceutical wholesale Merchant exporter business for sale

Product / Service

Distributor, wholesaler, exporter of pharmaceutical and allied goods

Clientele type

West African, European and USA based importer and retail customers. Total number of clients right now is 10.

Premises

one office rented Monthly rent is INR 13,600 and security deposit paid for 3 months in advance

Asking Price Includes

All licenses, owned branch office of 450 square feet area, subscriptions of all trade portals, existing and potential clients

Reason

lack of funds and operational difficulties due to absence of partner for sharing operational responsibilities.

Other Details

This is a New Delhi Based wholesale trading business, also holding retail license and Merchant export business of pharmaceutical and hospital disposables. Licenses valid till 2023. Merchant exporter, holder of GS1 barcode license for 10,000 barcodes, holder of paid subscription on leading trade portal for last 6 years which gives around 900 to 2200 business leads and inquiries every month. Also owns an e-pharmacy website and app but nonoperational due to lack of infrastructure and funds for operation. Over a period of time, this proprietorship company owned by the seller having several years of experience in the pharmaceutical industry has made several bulk export shipments as a merchant exporter, and has business contacts in African countries, Libya, east Asia, Sri Lanka, Jordan, Egypt, Yemen. Seller is also doing dropshipping of medicines to several countries. There is a lot of scope in the future for scaling up this business both in India and abroad. The export leads generated by the seller can be used for registration of pharmaceutical and hospital disposable products in their name in foreign countries for bulk exports and/or for immediate shipment. In current times especially for the companies having USFDA and CE/EU-GMP certificates for disposable products, there are several ready importers in-line. The foreign e-pharmacies which supply Indian generic medicines can be greatly benefited from this business. The WHO-GMP and other international GMP certified companies can be greatly benefited by annual tender grant in countries like Sri Lanka, Ukraine, Peru, Costa Rica, through this seller's known agencies in these countries. The seller wants to exit this business because of lack of funds and operational difficulties. Asking price is INR 1.24 Crores (Negotiable) The seller is also open for partnership, funding/investment offer from potential investors or to work as a Managing Partner. (more details will be discussed directly with the buyer/investor) 2020-21 turnover is 1.23 crore. WHO-GMP approved plants of oral, injectable and intravenous fluid manufacturing will be greatly benefitted from alliance with this company