Development Works Food Company Overview
Pro stress-test →Development Works Food Co is a Saudi Arabia-based company operating within the consumer services sector, functioning as a food and beverage company that operates a chain of fast food restaurants as well as smoothie and juice bars. The company is involved in fast food activities, including pizza, coffee, and ice cream shops; and wholesale and retail sale of fresh and preserved fruits, vegetables, and dates, as well as serves fresh juices and cold drinks.
Strategic Profile
Pro stress-test →The company operates through three geographical segments: Central Region, Western Region, and Southern Region. It owns and operates various brands, including Juice Time for fresh juices and fruit salads. The company faces operational challenges with recent financial headwinds impacting profitability.
Competitive Landscape
Pro stress-test →Development Works operates in Saudi Arabia's competitive QSR sector competing against both international chains (McDonald's, Subway) and local regional brands. The company's diversified portfolio across coffee, pizza, juice, and casual dining positions it as a mid-tier multi-concept operator. However, recent financial deterioration suggests challenges in maintaining market share.
Industry Context
Development Works Food Company operates in Food Service & Quick Service Restaurants (QSR).
Key facts
Founded: 2010 · Headquarters: Riyadh, Saudi Arabia · Revenue: 89.45M SAR (2023) · Market cap: 485M SAR (~$129M USD)