Convenience Store for Sale in Riyadh, Saudi Arabia
For sale: Grocery shop near construction sites with high footfall and upto 120 daily walk-ins.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | USD 350 thousand |
| EBITDA Margin | Nil |
| Industries | Convenience Stores |
| Locations | Riyadh |
| Local Time | 5:51 AM Asia / Riyadh |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
53 thousand
(Native Currency: SAR 200,000)
Reason: The partners intend to focus on other business ventures.
Includes physical assets worth
USD
53 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Commercial License
(200.3 KB)
Business Overview
- The business is a small supermarket licensed for 24-hour operations.
- It commenced operations 9 months ago; therefore, there is no previous year’s revenue available to report.
- The supermarket receives up to 120 daily walk-ins.
- As the business operates as a grocery store with high daily footfall, it is efficiently managed by 3 employees who oversee daily operations, customer service, inventory handling, and billing activities.
- The business operates as a partnership with a commercial license.
- It commenced operations 9 months ago; therefore, there is no previous year’s revenue available to report.
- The supermarket receives up to 120 daily walk-ins.
- As the business operates as a grocery store with high daily footfall, it is efficiently managed by 3 employees who oversee daily operations, customer service, inventory handling, and billing activities.
- The business operates as a partnership with a commercial license.
Products & Services Overview
Top services include neighborhood supermarket retailing of groceries, Almarai dairy products, cold drinks, and daily food essentials to nearby residents.
Assets Overview
Tangible assets include refrigerators, product inventory, POS systems, furniture, and fixtures.Intangible assets include the existing customer base and commercial license.
Facilities Overview
Retail supermarket shop spanning 80 sq. m. located in the Al Suwaidi Al Gharbi district of Riyadh. The facility is leased with an annual rent of SAR 40,000.
Capitalization Overview
The business has 2 partners and does not have any outstanding loans.
Recent Activity
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Strategy Officer, Food Marketplace And Ecommerce, Riyadh, Individual Investor / Buyer connected with the Business
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Corporate Sales Executive, Engineering Services, Doha, Individual Investor / Buyer connected with the Business
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Production Engineer, Chemical Manufacturer, Al Jubail, Individual Investor / Buyer connected with the Business
Tags:
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