A British company established 1 year and 3 months ago.
The company is registered in London 🇬🇧
It is a limited liability company.
Its ownership is easy to transfer to a resident or a Saudi national.
The company owns:
A sales account on Amazon with no complaints ever.
A very distinctive trademark name
‏( SMART DRIVE PLUS)
It was valued at 15,000 SAR.
This means you can sell it later for 15,000 SAR or more, as over 20,000 SAR has been spent on its advertising and promotion.
There is a possibility to register a branch for the company in Saudi Arabia as foreign investment (for residents).
It has inventory worth approximately 2,000 SAR.
It has a TikTok account with thousands of views.
It has the domain smartdriveplus.com
Total sales on Amazon Saudi Arabia are 150,000 SAR, and outside Amazon are approximately 23,300 SAR.
So, the total is approximately 173,300 SAR.
The sales in the pictures are from the company's account.
Of course, the company has a great opportunity for expansion in the London and Saudi markets.
There are shops that buy from the company monthly in Saudi Arabia.
The company is offered for acquisition for 22,000 SAR, negotiable.
It is possible to sell the company and pay in two installments.
The company can easily earn about 5,000 SAR monthly.
The average profit is usually 25‎%‎ of sales.
The company can take a loan in its name in Britain.
There are companies that finance you to sell on Amazon, and we received preliminary approval to get a loan of 1,250,000 SAR (one and a quarter million) from a financing company.
But we stopped due to the intention to sell.
Of course, the buyer of the company will have all shares transferred to them and will be appointed as its CEO.
And they will continue the company's activity.
Buy from China and sell on Amazon, and the average monthly profit will be around 5,000 SAR.
The company is considered an asset for its owner, which they can sell at any time.
The advantage of the company is that it does not require rent, salaries, or high commitments.
I have no objection to helping with operating the company for more than a month until the new owner learns its management.
The reason for selling is the lack of sufficient time and capital in the coming period.