1. Businesses
  2. Manufacturing
  3. Karnataka
  4. Davanagere
  5. SL004811
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Profitable and Automated Rice-Mill Available for Sale in Davangere, Karnataka

Listing ID: SL004811
Posted By: Owner
Last Active: 1+ year ago
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About Business

This Sole proprietorship business is operational since 2015. It is a technologically advanced modern rice mill spread across 2.25 acres land. In the same premises, they also have beaten rice mill (Poha or Avalakki) which is also fully functional and running.
Location: Strategically located at a place where availability of paddy is never a concern and closer to the demand areas as well. Davangere is known for the agricultural industry which has many rice mills, Tungabhadra river flowing and has very fertile land, no scarcity for paddy. Davangere is also selected for one of the Smart cities in India.
Capacity: 900 bags per day.
Machinery: 24 TON SS PADDY DRIER (2 Units), VEESONS IBR BOILER 2 TON CAPACITY, 400 KVA TRANSFORMER.
Currently, the mill has 30,000 bags of paddy stocked and still arriving. Employees working are 20.
The turnover for the FY 2017-18 was INR 8.13 Cr. Asking price is INR 13 Cr (including complete setup and land). (any other information is available on request)

Reason

Relocating to Bangalore with family

Keywords

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Business Tags

Rice mill

₹10 to ₹200 Cr

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