Ad ID: 1643
Added: October 3, 2019
Sale Price: 6 cr
Condition: Running Business
Reason for Sale/Buy/Lease: Want to expand business
Sector:Manufacturing Industry:Food & Beverage Sub-Industry:Dessert Looking for (Transaction type):Industrial Franchising State:Karnataka City: Bengaluru Establishment year:1948 Reason for Franchising:Expansion on a PAN India Basis.
Our Client was established in 1948 and are the pioneers of the Ice Cream Industry with an
outstanding record for quality. The company introduced homogenized and pasteurized ice creams to the Indian Subcontinent and was one of the first to introduce the concept of HTST – High Temp Short Time model of pasteurization and was also the first ice cream manufacturer to receive the ISI seal of approval. They have absolutely enjoyed the first mover’s advantage in the industry and had scaled up their operations and had their presence in 20 states through their unique Industrial Franchise Model.
The promoter was one of the first few to introduce the franchise model in India. They have had a lot of renowned and reputed personalities visit and give positive feedback about the company and their business model. Due to the extensive years of experience in the field, the promoters know the know-how of the industry and would like to sell a master franchise in Maharashtra and eventually
Pan India. As a part of the CST initiative, the company has been involved in contributing to positive causes, like the education of underprivileged children and medical welfare for the underprivileged society.
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