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Supermarket for Sale in Jeddah, Saudi Arabia

For sale: Fastest growing supermarket/ hypermarket chains based in the Western region.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 50 - 60 million
Run Rate Sales USD 51 million
EBITDA Margin 0 - 10 %
Industries Supermarkets
Locations  Jeddah
Local Time 8:56 PM Asia / Riyadh
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 48 million (Native Currency: SAR 180,000,000)
Reason: Managing director settling back to home country. The valuation is attractive as we are looking for a... View More
Includes physical assets worth USD 24 million
Interested to connect with advisors
Documents
VAT Certificate
Business Overview
- We are now operating with a total built-up area of around 20,000 square meters with an average monthly footfall of approximately 500,000.
- Around 5,000 suppliers supply the products to us.
- Over all 150,000 products are displayed in one store.
- The average bill amount is SAR 50-60.
- We pay incentives to our employees. They work for 10 hours daily.
Products & Services Overview
We sell groceries, fresh produce, meat, bakery and dairy products, non-food goods, and department stores.
Assets Overview
- Inventory, shelves, equipment, and infrastructures to the leased building.
- Trained employees.
Facilities Overview
10 stores with a total built-up area of around 20,000 square meters. All the stores are rented.
Capitalization Overview
- The business has one owner.
- Business is self-funded.
- The company has no loan.
- Supplier payment balance is SAR 20 million.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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