Food Wholesale Business Investment Opportunity in Buraydah, Saudi Arabia
Established | 10-20 year(s) |
Employees | 100 - 500 |
Legal Entity | General Partnership |
Reported Sales | USD 30 - 40 million |
Run Rate Sales | USD 36 million |
EBITDA Margin | 20 - 30 % |
Industries | Food Wholesale |
Locations | Buraydah |
Local Time | 8:49 AM Asia / Riyadh |
Listed By | Management Member |
Status | Active |
- F&B supplier in Buraydah, Al Qassim.
- Products supplied are grocery and commodity items such as sugar, rice, salt, oils, etc.
- The business operates from 5 warehouses and primarily sources its products from local manufacturers in the area.
- Now seeking to expand to International markets by importing rice and sugar from India, Pakistan, Africa, etc.
- With a client base of 40 within Saudi, the company supplies to catering services, restaurants, retail markets, and local businesses.
- The supply chain operates on a supply-on-demand basis, with an average of 10 supplies per week, each supply valued at approximately SAR 20,000.
- The business is in the process of securing USFDA approval and import-export license.
- There are 110 permanent employees, additionally, contract employees are hired on a supply order basis.
F&B supplier - grocery and commodity items such as sugar, rice, salt, oils etc.
Supplies to catering services, restaurants, retail markets, and small businesses.
The business consists of 40 vehicles of semi trucks, 4 forklifts, 2 trailers.
5 rented warehouses of 2,280 sq meter and rent of SAR 120K per year for each facility.
Business is self-funded.
No outstanding loans/liabilities.
There are 2 shareholders.
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Earlier than 15 daysMD, Investment - Industrial, Ecommerce, Warehouse Logistics, Fulfilment, London, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Investment, Industries, Dubai, Corporate Investor / Buyer connected with the Business