↩ Go Back
Need help?

Newly Established Food Delivery Business for Sale in Jeddah, Saudi Arabia

For Sale: Food delivery company located at Jeddah catering to 3 clients.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 30 - 40 %
Industries Food Delivery
Locations  Jeddah
Local Time 10:30 AM Asia / Riyadh
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: SAR 1,500,000)
Reason: The owner wants to diversify into another field.
Includes physical assets worth USD 53 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Currently catering to 3 clients. They are all from the food industry.

- We complete around 10,500 deliveries monthly.

- Generate revenue by charging a commission for delivery from our clients.

- We have developed this technology in-house and have our own fleet of delivery executives.

- The promoter got into this business recently and has good knowledge about this industry.

Products & Services Overview

We contract and provide logistics services to other companies.

B2B model.

Assets Overview

28 motorbikes.

20 beds.

A lot of other items that our operational system requires.

Facilities Overview

The rented office is located in the north of the city.

Capitalization Overview

The business is held by one shareholder.

No debts.

Self-funded business.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this week. Register below to connect now!
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more