FOR SALE: MABISCO BISCUITS FACTORY

The MABISCO biscuits plant is a factory that produces different biscuit product inder the MABISCO brand. Mabisco was founded in 2016. The facility occupies 73,732.391 square metres of land and is situated in Ogun State.
The packing equipment in the plant can produce 350 packs in a minute. In 7 years, mabisco has accumulated a 5% market share in the Nigerian biscuit market, with a sustained market presence in the North, west and East of the country
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Reason for putting it up for Sale?

DARLINGTON869:

The company said they wanted to diversify into other businesses. But bro, I am not gonna lie, we all know a lot has been happening in the manufacturing sector. Producers are facing a horrendous time than ever before in trying to break even or make profit. A litre of diesel which powers generators now cost around 900, Government will choke you with taxes and levies, Logistics cost will claim its own, Salaries must be paid for work to keep going, astronomical NEPA bills and overall machinery maintenance costs are there too. By the time a producer battles these demons months in months out, you have to tell yourself the truth and know when to stop.
Hopefully the new owners would manage and make it profitable

Ok...so are you a realtor or an insider sales agent.

Wittyness

wittywriter:
Reason for putting it up for Sale?


Wittyness

The company said they wanted to diversify into other businesses. But bro, I am not gonna lie, we all know a lot has been happening in the manufacturing sector. Producers are facing a horrendous time than ever before in trying to break even or make profit. A litre of diesel which powers generators now cost around 900, Government will choke you with taxes and levies, Logistics cost will claim its own, Salaries must be paid for work to keep going, astronomical NEPA bills and overall machinery maintenance costs are there too. By the time a producer battles these demons months in months out, you have to tell yourself the truth and know when to stop.
Hopefully the new owners would manage and make it profitable

Saw it in the news headlmes. Sweet.