Ghida Alsultan For Fast Food Company Closed Jointstock Company (Saudi Arabia)

The Company is engaged in fast food activities (including pizza parlors).
The company provides its services through rented sites spread throughout the Kingdom, which numbered ninety-six (96) lease contracts in its capacity as tenant, including fifty-five (55) contracts related to branches, (1 contract) related to the cloud kitchen, and (1) contract related to the warehouse, and thirty-nine (39) related to workers' housing, as the company operates these sites through its employees, which it trains to carry out their tasks according to the standards set by it is placed, and the company has a main center in the city of Jeddah, which is the location of the main management of the company.
The Company s vision is that it seeks to be a major player in the fast food market in the region and to become its trademark in the fast food market, with its best quality and most widespread locally and internationally.
The Company s message: Pursue and promote the distinctive and unique brand in the food and restaurant market.
The company bases its strategy on (9) main foundations, including: First: Expansion and growth to cover most regions of the Kingdom and increase the company s market share in the local market.Second: Innovation and development of the food menu in line with consumer behavior. Third: Increasing the customer base and providing distinguished customer service. Fourth: Granting the commercial franchise for the trademark locally and internationallyFifth: Opening branches with smaller spaces and costs in order to achieve rapid spread and geographical expansion and to achieve the highest possible return on investment. Sixth: Enhancing the company s leadership position in the market by starting to create new brands. Seventh: Partial or complete acquisition of existing companies in the local market. Eighth: Optimal use of the number of employees. Ninth: Enhancing and maintaining relationships with stakeholders, including shareholders, banks, managers, employees and customers suppliers and society.
The Company was established as a sole proprietorship owned by Randa Hamed Sadaqa Al-Nujaimi, and it was registered in the commercial register in the city of Jeddah under Certificate No. (4030205501) and dated 1431-11-16 AH (corresponding to 10/24/2010 AD). And on 08/27/1438 AH (corresponding to 05/23/2017 AD) Converting the establishment into a limited liability company with a capital of one hundred thousand (100,000) Saudi riyals divided into (10,000) A cash share with a value of (10) ten Saudi riyals for one share, the value of which was paid in full and distributed to two partners, namely (1) The owner of the establishment, Randa Hamed Sadaqa Al-Nujaimi (owns 3,000 shares, or 30 of the shares) and (2) enter A new partner, Aref Qayed Ali Al-Mesbahi (owns 7,000 shares, or 70 of the shares).
During 2021 , the company resolved to increase the share capital from SAR 100,000 to SAR 32,000.