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Newly Established Food Ingredients Company Seeking Loan in Jazan, Saudi Arabia

Startup specialized in premium flaky salt production from Farasan Island, seeking funding for venture capital.
Startup focused exclusively on producing high-quality flaky salt, drawing from the unique salt resources of Farasan Island, Saudi Arabia, currently in the pre-revenue phase. - The company’s proximity to Farasan Island allows for a direct and sustainable sourcing of premium salt, ensuring that quality and integrity are maintained throughout the production process. - The flaky salt produced is designed to fill a gap in the speciality salt market. - The company plans to actively collaborate with restaurants, culinary schools, and renowned chefs. - Will primarily operate in a Business-to-Business (B2B) model, supplying its products to hotels, retail stores, and distributors. - Projecting a revenue of $600k in the first year of operations with approx. 60% gross margins. - The owner has 15 years of experience in the F&B industry. - The business has an industry license.
6.3   Jazan
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 100 K at 9%
Contact Business
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Newly Established Food Ingredients Company Seeking Loan in Jazan, Saudi Arabia

Startup specialized in premium flaky salt production from Farasan Island, seeking funding for venture capital.
Startup focused exclusively on producing high-quality flaky salt, drawing from the unique salt resources of Farasan Island, Saudi Arabia, currently in the pre-revenue phase. - The company’s proximity to Farasan Island allows for a direct and sustainable sourcing of premium salt, ensuring that quality and integrity are maintained throughout the production process. - The flaky salt produced is designed to fill a gap in the speciality salt market. - The company plans to actively collaborate with restaurants, culinary schools, and renowned chefs. - Will primarily operate in a Business-to-Business (B2B) model, supplying its products to hotels, retail stores, and distributors. - Projecting a revenue of $600k in the first year of operations with approx. 60% gross margins. - The owner has 15 years of experience in the F&B industry. - The business has an industry license.
6.3   Jazan
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 100 K at 9%
Contact Business
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