Profitable Bakery Products Company for Sale in Dammam, Saudi Arabia

- Bakery products manufacturing business located in Dammam.

- Offers a diverse range of products including sambosa leaves, spring rolls, bread, buns, rusk, and sweet rolls.

- The factory currently generates approximately SAR 20 million annually, representing only 25% of its production capacity.

- The business is ISO certified.

- Has a client base of 1,000+, including supermarkets, restaurants, small groceries, and distributors.

- The company operates a fleet of distribution trucks servicing all major supermarkets.

- Supply frequency for most of the clients is daily or 3 times a week supply.

- The average key accounts can generate around 30,000 SAR in daily sales.

Products include sambosa leaves, spring rolls, bread, buns, rusk, and sweet rolls.

Top selling products are sambosa leaves, especially in Ramadan season.

Business is B2B.

Physical assets include:

- Plant & equipment.

- Building.

- Vehicles.

- Furniture.

Intangible assets include:

- Sales agreements with key accounts.

- Suppliers agreements.

- IP (recipes ownership rights)

- Branding, etc.

Own food factory located in the 2nd Industrial city in Dammam.

The business has demonstrated robust gross profit strength and maintains a positive net income, showcasing financial resilience even in the face of a revenue decrease.

Furthermore, there is significant potential to optimize general administrative expenses by integrating them with the buyer's administrative team.

This strategic move has the capacity to elevate net income even further, presenting an appealing opportunity for increased profitability.

It's essential to note that all liabilities, including vendors payable accounts, are reported in the holding company and will not be transferred to potential buyers.

There are 4 directors/primary shareholders.