Newly Established Food Delivery Business for Sale in Jeddah, Saudi Arabia
For Sale: Food delivery company located at Jeddah catering to 3 clients.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 200 thousand |
| Run Rate Sales | USD 220 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Food Delivery |
| Locations | Jeddah |
| Local Time | 12:11 AM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
400 thousand
(Native Currency: SAR 1,500,000)
Reason: The owner wants to diversify into another field.
Includes physical assets worth
USD
53 thousand
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Business Name
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Documents
Registration Document
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Business Overview
- Currently catering to 3 clients. They are all from the food industry.
- We complete around 10,500 deliveries monthly.
- Generate revenue by charging a commission for delivery from our clients.
- We have developed this technology in-house and have our own fleet of delivery executives.
- The promoter got into this business recently and has good knowledge about this industry.
Products & Services Overview
We contract and provide logistics services to other companies.
B2B model.
Assets Overview
28 motorbikes.
20 beds.
A lot of other items that our operational system requires.
Facilities Overview
The rented office is located in the north of the city.
Capitalization Overview
The business is held by one shareholder.
No debts.
Self-funded business.
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