Fruit Cake Manufacturing Business Opportunity

Small Business: The fruitcake bears the memory nostalgia as a favourite dessert for many who were kids. Modern fruitcakes are based on traditional recipes that are cherished among families, but now with a wide variety of fruitcakes among manufacturers, new twists for this familiar friend abound. Starting a Fruit Cake manufacturing requires rather a small budget of only 5-10 lacs. It can be famous in the local market & very easy to operate & also you don’t need any special skills. You don’t need a big staff to start since it is more of self-employment type of business.

Market: The market for this will be a local market where you can sell it to the retail shop owners. You can have a radius of 5-10 kms of the market. Cake price would be Rs.10-15 /-

Space Required: Space required to set up a Fruit Cake Manufacturing plant will be approx. 200-300 sq.ft. You can also open set up in an open space which has a shade.

Machinery: The cost of machinery to manufacture fruit cakes is around 2-3 lacs. So, it is a very lucrative opportunity to invest in.

Raw Materials: Fruitcake character is largely determined by the wealth of fruit and nuts it contains. These can include a whole range or be limited to selected fruit or nuts, depending on the recipe, taste, or market. Fruit can include lemon and orange peel, raisins, dates, currants, figs, apricots, cherries, citron and pineapple.

Working Capital: For the day-to-day raw material, fuel material, packaging cost, electricity bill, manpower you’ll need a working capital of minimum 2-3 lacs.

Manpower: It is a self-run business. You need a basic knowledge of this field & you can set up the machinery. You may need only 1-2 helpers, but apart of that it doesn’t require a lot of people to operate.

Marketing & Sales: You can sell to local retailors by your own. Social media campaigns can help you attract a lot of potential customers too.

Business Management Knowledge: If you are new in the business world & don’t have any previous knowledge about business, you only need to learn some basic business management knowledge to run this venture.

Loan & Subsidy: If you have appropriate ITR & everything. In some areas, Bank will help you & provide loans under some schemes to help small businesses.