Food Wholesale Company Seeking Loan in Jeddah, Saudi Arabia
Food products supplier In KSA for hotels, restaurants and catering (HoReCa) channels.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 1.6 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Food Wholesale |
| Locations | Jeddah |
| Local Time | 8:07 PM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
670 thousand
for
10.0%
annual interest,
5
years
(Native Currency: SAR 2,500,000)
Reason: - Our business has been growing steadily over the past 6 years, and we are now at a point where we n...
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Collateral Available: USD 530 thousand
Includes physical assets worth
USD
80 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Digital Business Licence
(56.8 KB)
Business Contact Paper
(1.5 MB)
Registration Certificate
(924.3 KB)
Business Overview
- Currently cover the top 20 clients by myself and my team is handling c and d class customers. The average sales volume is approximately 5.8 million SAR per annum.
- One of our top clients is Hilton which is an international chain.
- Our 2nd biggest client is Almantiq Al Wajabet company, operating in a local chain model and has 5 different restaurants serving international cuisine.
- We have a solid reputation in the food service industry and a loyal customer base, which has helped us maintain consistent revenue and profitability.
- However, to reach the next level of growth, we need to invest in NPD's new product development, customized products with private labeling, hire more sales teams, and expand our marketing efforts to reach every corner of the kingdom.
- Most of our sales are generated after servings HoReCa customers.
-my company has 7 employees who support me according to their assigned duties and support me to increase my business.
- One of our top clients is Hilton which is an international chain.
- Our 2nd biggest client is Almantiq Al Wajabet company, operating in a local chain model and has 5 different restaurants serving international cuisine.
- We have a solid reputation in the food service industry and a loyal customer base, which has helped us maintain consistent revenue and profitability.
- However, to reach the next level of growth, we need to invest in NPD's new product development, customized products with private labeling, hire more sales teams, and expand our marketing efforts to reach every corner of the kingdom.
- Most of our sales are generated after servings HoReCa customers.
-my company has 7 employees who support me according to their assigned duties and support me to increase my business.
Products & Services Overview
We are a wholesale supplier of food products to hotels and restaurants and catering our major products of Heinz, Unilever, McCain, London Dairy, Kimberley Clark, and Euro Pastry, in the HoReCa channel.We are dealing in all major brands of food service in the HoReCa channel.
We are planing to start importing food products from Europe and USA.
Assets Overview
Delivery car 200,000 SAR.Office equipment 17,704 SAR.
Computer & Software 10,000 SAR.
Air Conditioner 8,500 SAR.
Sing Board 2,500 SAR.
Freezer 22,000 SAR.
Furniture 12,000 SAR.
Facilities Overview
The office is located in the north of the city on a 1,500 sqft with an annual rent of SAR 27,000.
Capitalization Overview
- Business is funded through personal funds.- The company has 2 directors with 80% and 20% shareholding and has no debts or liabilities.
Recent Activity
-
Earlier than 15 daysFounder And CEO, Professional Advisory Consultancy, Jeddah, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMD & CEO, Risk Management, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Business Consultancy, Dubai, Corporate Investor / Buyer connected with the Business
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