Opportunity for Partnership in a Successful Existing Business in Dammam
I have an existing and successful business operating since 2019. Praise be to God, the project is continuously developing, and its total sales over the past years have exceeded 10,000,000 SAR.
We started the project from scratch, and its initial value was almost zero. Thanks to God, then to hard work and development, the current asset value of the project now exceeds 1,500,000 SAR.
The project is operational, active, and has sales, customers, and assets. It is characterized by its potential for expansion, development, and increased activity.
Partnership Opportunity
We are looking for only one partner who can inject capital into the project, in return for 50% of the profits, based on a clear and documented partnership agreement between both parties.
Partnership Goals and Development Plan:
- Stocking the current store with goods and increasing inventory.
- Supporting operations, staff, and salaries.
- Developing the store's decor and fixtures.
- Providing necessary operational tools and equipment.
- Supporting and developing current assets.
- Increasing sales volume and expanding the scope of activity.
- Establishing and opening a large, integrated second branch that includes:
Dates.
Traditional products.
Vegetables from Qassim.
Dairy products.
A supermarket.
Roasting facilities.
Spices.
A butcher shop.
Profits and Capital Turnover:
Alhamdulillah, the project has excellent profits and good returns. With increased inventory, operational support, and expansion, there is an opportunity to further increase sales volume and returns.
The nature of the business relies on fast capital turnover. The goal of injecting capital is to increase the volume of goods and sales and achieve a high turnover rate within the first year, targeting approximately double the invested capital in terms of sales and turnover volume within the first year, depending on the financing amount and expansion plan.
Capital Recovery Mechanism:
The partner has the right to recover their paid capital in the project first from cash flows and distributable profits, before any other distributions or amounts to partners, according to a mechanism and timeline agreed upon and documented between both parties.
After capital recovery, the partnership continues according to the agreed-upon percentage, and the partner receives 50% of the profits as per the partnership agreement.
Expandable Opportunity
Indicators of the project's activity include the sale of 100 'hashi' (young camels) in the butcher section during 2025, which is one of the activities we aim to develop and expand within the plan for the new branch.
This project is not a new idea or a startup; it is an existing project with years of operation, sales, and assets. We are looking for a serious partner to contribute to expansion, increase inventory, develop operations, and establish the second branch.
For those who have the desire and ability to become a partner in an existing, successful, and expandable business in Dammam, please contact me to discuss the details, the required capital, and the partnership mechanism.
This is a serious partnership, and we are looking for only one partner.