A Profitable Vegetable and Flower Seed Company for Sale
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Excellent opportunity to acquire a profitable 24-year-old seed company with 12 years under present management in Delhi with PAN India presence.
The company enjoys a very strong reputation and goodwill in the market. It is run by professionals who have been in the industry for the past 3 decades. The company primarily engages in high quality Hybrid and OP vegetable and flower seeds. Besides main wholesale business, the company indulges in selling packet seeds and importing and distributing various open pollinated and hybrid flower and vegetable seeds under its own brand name in India. It has a modest breeding programs in wholesale division with tropical range like Cucurbits, Okra, Tomato, Eggplant and tropical Cauliflower. It also has self-controlled production facilities in temperate and tropical regions and contract production in other parts of the country.Watch Video Clip for this Listing.
Clientele type
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Premises
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Asking Price Includes
Multiple brand names, All India established sales network, No bank liabilities of any kind, A strong dealer network, Brand’s goodwill, This also includes the inventory of approx INR 1.2 Cr at purchase value plus cash in hand of around INR 80 lakhs (as of 31st March'20)
Reason
Looking to exit the business with a decent ROI as second-generation not forthcoming. Promoters are aging.
Other Details
Revenue in:
FY 2017-2018: INR 6,03,91,146
FY 2018-2019: INR 6,07,68,508
FY 2019-2020: INR ~6.20 Cr (yet to be audited after lockdown)
The Seller is looking at a valuation of about 3.5x the revenue
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