Pharma Marketing Company Investment Opportunity in Jeddah, Saudi Arabia
|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 %|
|Local Time||12:11 AM Asia / Riyadh|
|Listed By||Business Owner / Director|
- 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.
We are a distributor of pharmaceutical products with over 220 SKUs.
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.
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.
Earlier than 15 daysCFO, Healthcare, Dubai, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysManaging Partner, Abu Dhabi, Financial Consultant connected with the Business
Earlier than 15 daysManagement, Financial Services, Mumbai, Corporate Investor / Buyer connected with the Business