Pharma Marketing Company Investment Opportunity in Jeddah, Saudi Arabia
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 2 - 3 million |
Run Rate Sales | USD 1.28 million |
EBITDA Margin | 20 - 30 % |
Industries | Pharma Marketing |
Locations | Jeddah |
Local Time | 10:28 AM Asia / Riyadh |
Listed By | Business Owner / Director |
Status | Active |
- 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.
We also own all the interiors and furnishings in our registered office and have inventory worth SAR 500,000.
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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Earlier than 15 daysChief Marketing Officer, Conglomerate: Automotive Products, Building Materials And Packaging., Karachi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysInvestor, Lending And Holding Company, Riyadh, Corporate Investor / Buyer connected with the Business