Please contact me if you are an experienced professional in this field. If not, I apologize in advance.
We have a food company for sale with a distribution contract for 16 Lulu branches in Muscat, Oman, offering a unique investment opportunity.
Key Details:
• Products: The company currently distributes 12 types of food items to 16 Lulu branches, with potential for expansion.
• Business Model: The project is organized in two stages: (1) distribution of food products and (2) distribution of household and personal detergents.
• Trademark: Registered with the Ministry of Commerce. The company has no debts and generates income.
• History: Established in 2020, it began working with Lulu in 2023, previously distributing to various stores in Muscat. It also operated a store and a packaging facility, which later shifted to working with other companies for packaging (Privet Labeling).
Current Financials and Operations:
• Monthly Income: Between 1,000 and 2,000 Omani riyals, with potential for growth.
• Employees: Three expatriate employees and one Omani staff member.
• Equipment: Includes a plastic bag sealer, lid welding machine, date stamping machine, 1,200 kg of distribution bags, distribution cartons, barcode devices, an accounting program, barcode printer, coffee grinder, and spice grinder.
Additional Assets:
• Online Presence: A Google-registered website, ongoing development of a mobile app, and a catalog of product designs with barcodes.
• Growth Potential: With Lulu’s support for expansion, the company’s products can gain more visibility across the Sultanate. Lulu is open to distributing not only food products but also other items like soaps and cleaning supplies.
Opportunity for Expansion: There is an opportunity to increase the product range with Lulu, leading to greater income potential.
Reason for Sale: Limited financial resources to support further expansion. There are no other reasons for the sale.
Asking Price: 40,000 Omani riyals
For more information, please contact us. Only experienced and qualified buyers are requested to reach out.
- Asking Price:
- AED400,000
- Sales Revenue:
- AED100,000
- Cash Flow:
- AED20,000
Business Operation
- Reasons for selling:
-
Limited financial resources to support further expansion
- Years established:
- 2020