₦airaland Forum

A good processing factory located in Osun State is up for sale. The land, building and the equipment.

Asking price is #15m. Products that can be produced with the equipment are; garri, yam flour, plantain flour, beans flour and dried Ogi.

Reason for selling is not enough funds for working capital, branding, marketing, advertisement and distribution.

Prospective buyer should be ready to spend 10m to 15m on the above and is expected to make 3m to 5m monthly (very realistic).

I will offer mentorship on production and connection to key partners to ensure success for at least 3 months after sale. Please call 08136903541

Wow

RedPanthar:
Wow

surprised about the profitability or the budget for packaging, advertisement, marketing and distribution?

ReduceWeight:
surprised about the profitability or the budget for packaging, advertisement, marketing and distribution?

I've been dreaming to set this up I know what it can become so I'm pained the owner can't push it to establishment. I'm seriously pained

If buyer can make 3-5m as you claim, why selling it when you can cover your capital in a year.

No investor will buy such. Your profit is not business visible

kalu61:
If buyer can make 3-5m as you claim, why selling it when you can cover your capital in a year.

No investor will buy such. Your profit is not business visible

Read again. The investment need additional 10 to 15m to run! any investor in doubt of the figures can invite the owner for presentation.

ReduceWeight:
A good processing factory located in Osun State is up for sale. The land, building and the equipment.

Asking price is #15m. Products that can be produced with the equipment are; garri, yam flour, plantain flour, beans flour and dried Ogi.

Reason for selling is not enough funds for working capital, branding, marketing, advertisement and distribution.

Prospective buyer should be ready to spend 10m to 15m on the above and is expected to make 3m to 5m monthly (very realistic).

I will offer mentorship on production and connection to key partners to ensure success for at least 3 months after sale. Please call 08136903541

Really interesting, truth be told, if I had that money I would have taken this opportunity.
But BIO can help with the loan, unless the owner is not interested in the business again.

sourcepoint:
Really interesting, truth be told, if I had that money I would have taken this opportunity.
But BIO can help with the loan, unless the owner is not interested in the business again.

Hmmm who is BIO

jades5050:
Hmmm who is BIO

Sorry, I mean BOI: bank of industry.

Bank of Industry processing takes time, NIRSAL self, same thing. Besides, those loans are basically for equipment. That factory basically needs working capital!

@op you mean the buyer will spend 10 to 15m extra?
3M monthly profite is cool.
Pictures of the facility will be good.