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Last Mile Delivery Company Investment Opportunity in Riyadh, Saudi Arabia

Invest in a profitable vehicle rental and last-mile food delivery business with a 600-vehicle fleet.

Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 5.3 million
Run Rate Sales USD 14.4 million
EBITDA Margin 10 - 20 %
Industries Vehicle Rental + 1 more
Locations  Riyadh
Local Time 5:18 PM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2.67 million for 10.0% stake (Native Currency: SAR 10,000,000)
Reason: We require this to increase the vehicle fleet to boost our revenue. The high valuation reflects our... View More
Includes physical assets worth USD 10.4 million
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Business Overview
- The company operates in Riyadh, specializing in vehicle rental and logistics, with a strong emphasis on last-mile food delivery services.
- It employs a dedicated team of 110 people and hires contractual employees as an additional workforce, facilitating efficient operations across its services.
- Dominant market presence with a fleet of 600 cars, addressing diverse client needs with a variety of vehicle sizes, including small, medium, and minivans.
- The company's client portfolio for last-mile food delivery includes 25 major corporate clients, showcasing a robust and reliable delivery network.
- Revenue distribution indicates a strategic focus on the food delivery service, which accounts for 70% of sales, while the car rental service contributes 30%.
- Holding a commercial license affirms the company's compliance with regulatory standards, underscoring its commitment to professional and legal business operations.
- Recent expansion in fleet size has directly contributed to increased sales, highlighting an effective growth strategy in the transportation sector.
Products & Services Overview
The business's top-selling services include last-mile food delivery for corporate clients, corporate car rentals and individual car rentals, offering small, medium, and minivan vehicles.
Assets Overview
Tangible assets: 600 owned cars valued at SAR 39 million.
Facilities Overview
The business operates from rented offices across four locations in Riyadh.
Capitalization Overview
Has a bank loan of SAR 10 million.
There are 2 main partners in the business.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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