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Pharma Marketing Company Investment Opportunity in Jeddah, Saudi Arabia

B2B pharmaceutical distributor with 250 active clients and stocks 220 SKUs seeks funding for geographical expansion.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2 - 3 million
Run Rate Sales USD 1.3 million
EBITDA Margin 20 - 30 %
Industries Pharma Marketing
Locations  Jeddah
Local Time 12:11 AM Asia / Riyadh
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 1.3 million for 10.0% stake (Native Currency: SAR 5,000,000)
Reason: We require working capital and also intend to expand beyond Jeddah to other geographical locations. ... View More
Includes physical assets worth USD 500 thousand
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Business Overview

- Distributor of medicines and medicine related products to other businesses. We are exclusively B2B.

- To that extent, we stock over 220 SKUs and have registered over 250 pharmaceutical stores (accounts) as our clients. We have tied up with over 15 suppliers.

- Stock products from brands such as Pfizer, Novartis, Sanofi, and Bayer. We are in the process of acquiring sole distributorship rights for 6 other brands.

- Have adopted online and offline channels to facilitate distribution.

- In regard to offline channels, we have 3 distribution vans that's controlled by 10 sales representatives. Each van is fully stocked with medicines and the sales representatives have a daily sales target that needs to be fulfilled. The vans would visit registered stores and fulfill their requirements. Payment is provided immediately.

- Registration, on-boarding and all the other formalities are facilitated through our website. We also accept online orders. Our website is under renovation currently and we plan on relaunching the platform soon.

- Run rate sales have dropped due to the ongoing pandemic.

- We have a dedicated customer support team consisting of 2 members.

- We reported a 35 per cent rise in sales revenue last year.

- Promoter has over 20 years of experience in the pharmaceutical industry.

Products & Services Overview

We are a distributor of pharmaceutical products with over 220 SKUs.

Assets Overview

The business owns a fully equipped drug storage unit with an area of 917 square meter and 3 Toyota HiAce.

We also own all the interiors and furnishings in our registered office and have inventory worth SAR 500,000.

Facilities Overview

We own a fully equipped drug storage unit with official licence from SFDA and has an area of 917 square meter. We also own 3 Toyota HiAce vans that's fully stocked and are equipped with fridges.

The business has taken a 200 sq meter office on rent. We pay an annual rental fee of SAR 70,000.

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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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