Bar for Sale in Ras Al-Khaimah, UAE
Ideal waterfront restaurant acquisition opportunity in RAK City with established clientele and delivery partnerships.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 136 thousand |
| Run Rate Sales | USD 196 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Restaurants + 1 more |
| Locations | Ras Al-Khaimah |
| Local Time | 10:09 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
95 thousand
(Native Currency: AED 350,000)
Reason: I want to go back to my own country and retire.
Includes physical assets worth
USD
68 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Authentic Italian restaurant located on the beautiful RAK Corniche, offering a fantastic dining experience.
- We cater primarily to locals, with about 80% of our clientele being Arabs and 20% expats.
- Currently generating around AED 60,000 in revenue each month.
- We partner with all major food delivery services to reach even more customers.
- Fully licensed with a Tourist Liquor License, Commercial License, and VAT Registration, ensuring a smooth operation.
- A prime spot for both locals and tourists looking for a great meal by the waterfront.
- We cater primarily to locals, with about 80% of our clientele being Arabs and 20% expats.
- Currently generating around AED 60,000 in revenue each month.
- We partner with all major food delivery services to reach even more customers.
- Fully licensed with a Tourist Liquor License, Commercial License, and VAT Registration, ensuring a smooth operation.
- A prime spot for both locals and tourists looking for a great meal by the waterfront.
Products & Services Overview
Top selling products:- Pizza and pasta.
Clientele:
- 80% Arabs and 20% expat.
Assets Overview
Tangible assets:Kitchen equipment (1.5 years old), all the furniture's (tables, chairs, sofa, TV)
Intangible asset includes the brand value (well known in RAK).
Facilities Overview
- Located on the 2nd floor.- It has a big terrace with mountain and mangrove view in the center of RAK.
Capitalization Overview
- We have no loan and no debts.- All the suppliers are paid on delivery.
- Single person who is an 100% owner with a service agreement with a local having 0%
Tags:
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