Business Overview
- The business is a tobacco manufacturing brand that specializes in designing and producing premium quality tobacco products for narghile enthusiasts worldwide.
- The manufacturing facility operates with a daily production capacity of 5 tons in a single shift.
- The brand uses premium quality Golden Virginia tobacco as the primary raw material for its products, and each flavor is meticulously handcrafted, resulting in unique offerings.
- Promoter of the business has a decade of experience in the industry.
- Brand offers a total of 40 different product SKUs.
- It is the only tobacco manufacturing facility in Cyprus with this specific tobacco license, allowing the import and export of tobacco products.
- The business has 10 tobacco suppliers located in India, Germany, and the United States.
- The company obtained its tobacco manufacturing license after a 6-year effort, and it recently began its sales operations.
Products & Services Overview
Licensed premium tobacco manufacturing company selling primarily B2B.
Capitalization Overview
- Shareholder 2: The business has two shareholders.
- 50-50: The ownership is divided equally between the two shareholders, with each holding a 50% stake.
- Loans and Debts: The business has no outstanding loans or debts.
- Self-Funded Business: The business is entirely self-funded, meaning it operates without external financing or debt.
Assets Overview
Assets include:
Machines, furniture, fixtures and stock.
Full Sale
Asking Price:
USD
760 thousand
(Native Currency: EUR 700,000)
Reason: The owner lives in England and finds it hard to manage the business from there.
Includes physical assets worth
USD
270 thousand
In talks with 3 Investors
Contact Business