Profitable Catering Business Seeking Loan in Mecca, Saudi Arabia
Makkah based Hajj and Umrah catering business, seeking investment for expansion.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 930 thousand |
| Run Rate Sales | USD 930 thousand |
| EBITDA Margin | 40 % |
| Industries | Catering |
| Locations | Mecca |
| Local Time | 10:27 PM Asia / Riyadh |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
800 thousand
for
8.0%
annual interest,
5
years
(Native Currency: SAR 3,000,000)
Reason: Seeking investment for expansion of sales channels, cater to more businesses and take up more orders...
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Collateral Available: USD 0
Includes physical assets worth
USD
1.6 million
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Business involved in Hajj and Umrah catering services, based in Makkah.
- 70% of our catering business is during the Hajj season of April to May, in Mecca & Medina, which we do on a regular basis.
- Additionally, we cater to 6 restaurants and parties/events.
- We get 15 to 20 party orders every month.
- We charge on a per customer basis, which is SAR 50 per person.
- The business has Company registration, food license, VAT and ISO certificate.
- 70% of our catering business is during the Hajj season of April to May, in Mecca & Medina, which we do on a regular basis.
- Additionally, we cater to 6 restaurants and parties/events.
- We get 15 to 20 party orders every month.
- We charge on a per customer basis, which is SAR 50 per person.
- The business has Company registration, food license, VAT and ISO certificate.
Products & Services Overview
Hajj and Umrah catering services.Catering to restaurants, parties, events and Hajj pilgrimage centers.
Majority of the revenue is from Hajj pilgrimage centers.
Assets Overview
Physical assets include the kitchen set-up, equipment and inventory.
Facilities Overview
Rented facility, located in Mecca Al-Makrama.Built-up area is 890 sqm.
Rent is SAR 800k, half-yearly.
Capitalization Overview
Business is self-funded.No outstanding loans or liabilities.
There are 2 partners, who have ownership in the business.
Recent Activity
-
Earlier than 15 daysPartner, Jeddah, Business Broker connected with the Business
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