Profitable Food Wholesale Company Seeking Loan in Umm Al Quwain, United Arab Emirates
Importer and local distributor of F&B items tied up with 1,000+ retailers.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 490 thousand |
| Run Rate Sales | USD 650 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Food Wholesale |
| Locations | Umm Al Quwain |
| Local Time | 2:15 PM Asia / Dubai |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
270 thousand
for
20.0%
annual interest,
2
years
(Native Currency: AED 1,000,000)
Reason: We want to introduce our products in new markets and.
We also want to list our company at LuLu Hype...
View More
Collateral Available: USD 270 thousand
Includes physical assets worth
USD
136 thousand
Interested to connect with advisors
Documents
Company Profile
(1.0 MB)
Trade Licence
(642.7 KB)
Business Overview
- Importer and distributor of consolidated food items like fresh juices, drinks, jams, snacks, and cold-cuts.
- Products are imported from UK & USA. We have 2-3 major international suppliers. It is an open market.
- We sell products to 1,000+ retailers throughout New Dubai, Abu Dhabi, Sharjah and Ajman. However, since the onset of pandemic, we have stopped importing due to government restrictions. Hence, we entered into a cash crunch and have adapted to the situation by tying up with 3-4 local manufacturers.
- Average margin on sales is 25% - 35%.
- Have a sales team consisting of 8 members. Each sales member is assigned to a particular area and have a daily sales target. They are offered a commission of 2% on sales as an incentive.
- Prior to the pandemic, we used to have a lot of inventory. However, since the business has suspended imports and we have entered into an agreement with local manufacturers, the need to maintain inventory has diminished.
- Products are imported from UK & USA. We have 2-3 major international suppliers. It is an open market.
- We sell products to 1,000+ retailers throughout New Dubai, Abu Dhabi, Sharjah and Ajman. However, since the onset of pandemic, we have stopped importing due to government restrictions. Hence, we entered into a cash crunch and have adapted to the situation by tying up with 3-4 local manufacturers.
- Average margin on sales is 25% - 35%.
- Have a sales team consisting of 8 members. Each sales member is assigned to a particular area and have a daily sales target. They are offered a commission of 2% on sales as an incentive.
- Prior to the pandemic, we used to have a lot of inventory. However, since the business has suspended imports and we have entered into an agreement with local manufacturers, the need to maintain inventory has diminished.
Products & Services Overview
We are importers and local distributors of F&B items from countries like UK, USA, Iran and the Middle East.
Assets Overview
The business has 4 delivery vans, 6 sedan cars (Nissan brand) and other office related equipment & accessories.
Facilities Overview
We have a 3,000 sq. ft warehouse with office attached in Umm Al Quwain, UAE. We pay an annual rent of AED 65,000 on the property.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Investment - Food And Beverage, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMD, Diversified, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Imports And Exports, Hyderabad, Individual Investor / Buyer connected with the Business
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