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Profitable Meals Provider Company In Bangalore For Sale

Bangalore, Karnataka
Asking Price:
$553,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$9,250,000 (USD)
Cash Flow:
$75,000 (USD)

We are well known and reputed company in Bangalore, operating since 2007. We are into food industry, providing a variety of food and meal services to reputed corporate companies. We have our own centralized kitchen measuring 7000 square feet area,for this we are paying rent of Rs 1.10 lakhs per month. Utilizing 58 workers, Rs.40 lakhs worth kitchen equipment, daily we produce 7000 meals,2500 breakfast and 8000 cups of Tea & Coffee. All these produced foods are distributed to well reputed corporate companies through our own vehicles. We have tie-ups and contracts with corporate companies, these contracts are renewed every year. We receive the payment on monthly basis, at present the company earns 50 lakhs per month from different clients.
The asking price of the business is INR 3.60 Cr.

Property information

Real Estate:

Lease

Lease Terms:

we have a agreement of 5 years. it can be extended on mutual understanding.

Leasehold Rent:

$20,307 (USD) per annum

Living Accommodation:

2 bedroom rented house and attached workers quarters is included.

Location:

Bangalore Industrial area

Premises Details:

located near industrial hub and IT hug

Size in square feet:
7000 ft
Planning Consent:

N/A

Business Operation

Expansion Potential:

We will support the buyer to expand this business. In current premises buyer can double the production capacity.

Competition / Market:

Sodexo and campus are is the main competitor for us, regional companies competition is very less

Reasons for selling:

Founder facing some health problems and retiring from all kind of business activity.

Trading hours:

all days in week. 2 shifts

Employees:
58
Years established:
2007

Other Information

Support & training:

Company founder will support the buyer for one year

Furniture / Fixtures value:
$65,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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