Reputed Pharmaceutical Formulation Business for Sale in Allahabad
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Great ROI Opportunity :This lucrative business was established in 1985. It is situated in a prime location at the heart of the city. This is a Private Limited company and the promoter is looking to sell the business along with all assets. There are currently 3 directors of the company.
The area of the premises is approx 1200 sq.yard with a built-up area of around 13000 sq.ft. spread across 2 floors. This is owned by the promoters. Currently, 25 people work over here. They have a production capacity of around 1.5-2 Lakhs capsules per day. The production capacity of eyedrops is 40k per day and around 8-10k liquid bottles per day. They manufacture more than150 different products. They use State-of-Art FFS technology. They only work currently on government contracts and their products are supplied in all Government Hospitals in Uttar Pradesh. They presently have GMP and GLP certifications and have all the requirements for WHO GMP as well.
The production capacity can be greatly increased since they presently work only in a single shift. The revenue is approx 5.5 Cr per year with a margin of around 8-10%. The promoter is looking for an exit due to his health reasons. The Asking price for is INR 7.5Cr(including Land, Equipment, and Business) for a complete exit. The promoter is also open for leasing out the business for INR 10 Lakhs per Month
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Health Problems
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