Edible Oil Refinery for Sale in Howrah, India
Established | 30-40 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 16 million |
Run Rate Sales | USD 14 million |
EBITDA Margin | 7 % |
Industries | Edible Oil Refineries |
Locations | Howrah |
Local Time | 6:44 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Manufacturer, wholesaler and supplier of mustard oil.
- We have more than 100 distributors of our legacy brand across West Bengal.
- We are also one of the largest crushers and manufacturers of mustard oil in West Bengal.
- We are also one of the largest manufacturers and exporters of mustard oil cakes to Bangladesh.
- One-third of the total turnover is from oil cake exports while the remaining is from sales of our own brand and loose oil sales.
- We sell 400 MT of oil of our own brand per month and 400 MT of loose oil to producers like Adani.
- The plant has not been operational since February, however, we still have active sales as we are selling the stock already manufactured and collecting payments from debtors.
- Apart from the full-time workforce we have about 70 contractual employees at the time of production.
- Sales have dropped as the owners are making the plant transaction ready and have stopped production in the plant.
- The buyer gets all the factory assets, and the legacy product brand name. The legal entity is not included in the transaction, but, we are open to negotiation.
- Compliant factory with all necessary approvals.
- The promoter and family acquired this business from the Gujarat Government 21 years ago and have expanded exponentially over the last 20 years.
The top-selling product of our business is our legacy brand's Kacchi ghani mustard oil. It is the number 3 ranked brand in Kolkata. It is used by the local Bengali and non-Bengali population of Kolkata and surrounding areas.
We also export mustard oil cakes to Bangladesh.
The tangible assets the buyer will get are:
- Owned land of 80 kathas worth INR 17 crore.
- The infrastructure of the two sheds and the plant& machinery are worth INR 15.
- The other assets like lab equipment, pipelines, oil tankers are worth INR 13 crore.
- All of the above assets include 1,100 tonnes of oil storage tank capacity, 128 kohlus for crushing mustard seeds, 14 expellers for crushing, 3 filters, 5 packing machines, 1 state-of-the-art laboratory, and one 100-tonne weighbridge.
The intangible assets that the buyer gets:
- The legacy brand of Mustard oil.
- Existing distribution network, and customer base.
The owned factory is built on an owned plot of 80 kathas.
There is a 48,000 sqft covered shed area, G+4 two RCC structure buildings of 13,000 sqft area,
- There is bank cash credit funding of approx INR 24 crores. (This figure was at INR 34 crore last month and we have already cleared INR 10 crore and reduced it to INR 24 crore. ) Total debt will be cleared shortly.
- The business is fully owned by the promoter and their family.
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Earlier than 15 daysOwner, Kolkata, Financial Consultant connected with the Business
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Earlier than 15 daysAssociate, FMCG, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysIndependent Advisor, Ghaziabad, Financial Consultant connected with the Business