Running Snack Manufacturing Company Raising Funds In Surat
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Product / Service
The business is involved in manufacturing of traditional namkeen snacks. Their Snacks include Kadhi Bhel, Jara Papdi, Dry Kachori, Fasting samosa, consumer suggested mix namkeen, etc.
Clientele type
They cater to cafeterias, canteens, B2C and B2B. B2C includes retail and B2B includes wholesale for a small business, a home made business, a food stall and many more.
Premises
LEASED
Lease per month (in INR): 35,000
Security Deposit (in INR): 30,000
Carpet Area: 1,000 sq ft
All the manufacturing, wholesale and retail all the premises are on rent. On the manufacturing and wholesale premises its on monthly bases for 10,000Rs. and the Retail premises is on 11 months lease with 2,75,000 for the latest lease with 10% increase on rent for the future leases.
Asking Price Includes
10% stake + 10% interest and if the investor wants to open a new distribution center (i.e. shop, franchisee) half the royalty amount.
Reason
The promoter wants to expand the business and establish a nationwide snack store network.
Other Details
Details about team and management are as follows below:
Retail side of business is been run by family friends (since 2023). The manufacturing and wholesale side of business is being run by the owner his son and a helper (i.e. 3 members).
The business strengths is their renowned name that has been around for 77 years since 1947. Unlike other Namkeen products their products shelf life is around 4 months or 120 days.
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