🚨 Ready-to-sell logistics investment opportunity in the Saudi market (due to lack of time) 🚨
One of the established companies in the express shipping and parcel delivery sector announces its offer for sale in its entirety (Reason: Busy with updating another company and no time to manage it).
The company is currently operating at its full operational capacity and deals with major parcel companies in the Kingdom (such as J&T Express and iMile).
📌 Company Features and Assets:
Papers and Licenses: Complete papers and a commercial registration active in the Saudi market for two years, with a valid license from the General Transport Authority.
Fleet: 20 AutoForth V1 cars, model 2025.
Car Condition: Excellent and valued at 85%.
Mileage: The highest mileage on a car is only 50,000 km.
Monthly Income: Ranges between 40,000 to 50,000 Saudi Riyals per month.
Financial Obligations: Remaining installments on the cars to Al-Rajhi Bank amounting to 400,000 Saudi Riyals.
Sale Conditions and Procedures:
Ownership Transfer and Insurance: The buyer (new owner) is fully responsible for all procedures and fees for transferring car ownership/registration from Al-Rajhi Bank to the company, as well as insurance expenses.
Immediate Acquisition and Investment: Whoever wishes to transfer the company's ownership and registration will receive an existing project that is actually operating on the ground with its routes and contracts without interruption.