Newly Established Food Ingredients Company Seeking Loan in Jazan, Saudi Arabia
Startup specialized in premium flaky salt production from Farasan Island, seeking funding for venture capital.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Food Ingredients |
| Locations | Jazan |
| Local Time | 5:18 PM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
100 thousand
for
9.0%
annual interest,
2
years
(Native Currency: SAR 375,000)
Reason: Seeking funding to complete the procurement of the rest of the essential equipment and start operati...
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Collateral Available: USD 0
Includes physical assets worth
USD
33 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Plan
(8.0 MB)
Industry License
(466.6 KB)
Statement of Wages and Contributions
(720.6 KB)
Company Registration Certificate
(922.9 KB)
Wage Protection Commitment Certificate
(102.0 KB)
Business Overview
- Startup focused exclusively on producing high-quality flaky salt, drawing from the unique salt resources of Farasan Island, Saudi Arabia, currently in the pre-revenue phase.
- The company’s proximity to Farasan Island allows for a direct and sustainable sourcing of premium salt, ensuring that quality and integrity are maintained throughout the production process.
- The flaky salt produced is designed to fill a gap in the speciality salt market.
- The company plans to actively collaborate with restaurants, culinary schools, and renowned chefs.
- Will primarily operate in a Business-to-Business (B2B) model, supplying its products to hotels, retail stores, and distributors.
- Projecting a revenue of $600k in the first year of operations with approx. 60% gross margins.
- The owner has 15 years of experience in the F&B industry.
- The business has an industry license.
- The company’s proximity to Farasan Island allows for a direct and sustainable sourcing of premium salt, ensuring that quality and integrity are maintained throughout the production process.
- The flaky salt produced is designed to fill a gap in the speciality salt market.
- The company plans to actively collaborate with restaurants, culinary schools, and renowned chefs.
- Will primarily operate in a Business-to-Business (B2B) model, supplying its products to hotels, retail stores, and distributors.
- Projecting a revenue of $600k in the first year of operations with approx. 60% gross margins.
- The owner has 15 years of experience in the F&B industry.
- The business has an industry license.
Products & Services Overview
Primary product is flaky salt, which is known to be low in sodium.Target Clientele:
- Gourmet chefs: Professional chefs seeking premium ingredients for culinary excellence.
- Health-conscious consumers: Individuals looking for natural and high-quality products to enhance their diets.
- Luxury hotels and spas: Hospitality establishments aiming for exclusive amenities to attract discerning guests.
- Food enthusiasts: Home cooks and food lovers seeking unique high-quality salt products.
- Retailers: High-end grocery stores and speciality shops looking to stock premium salt products.
Assets Overview
Physical assets include the production equipment procured so far.
Facilities Overview
Have identified a manufacturing facility in the Modon Industrial Area to rent.Yet to shift the equipment there.
Capitalization Overview
Business is self-funded.No external loans or funding was obtained.
There is 1 owner, holding 100% shares in the business.
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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