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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 900 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 40 %
Industries Catering
Locations  Mecca
Local Time 8:14 PM Asia / Riyadh
Listed By Management Member
Status Moderately Active
Overall Rating
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... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.6 million
Interested to connect with advisors
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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.

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 days
    Director, Hyderabad, Business Broker connected with the Business
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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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