Raydan to open franchise branch in Al-Baha today

21/03/2023 Argaam

Raydan opens franchise branch in Al-Baha today

A Raydan Food branch

Raydan Food Co. announced the opening of its franchise branch today, March 21, on King Abdulaziz Road, Al-Baha, the company said in a statement to Tadawul.

 

The contract will have a positive financial impact on Raydan’s Q1 2023 financial statements.

 

Last October, Raydan Food signed a franchise agreement with Soul Advanced Limited in Baljurashi City, Al Baha, King Abdulaziz Road, according to data compiled by Argaam.

 

The contract is valued at SAR 87,000, in addition to 6% of total sales.

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