Cafe for Sale in Al Khobar, Saudi Arabia
For sale: Premium restaurant and art gallery located in Khobar receiving around 80 customers daily.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 450 thousand |
| Run Rate Sales | USD 480 thousand |
| EBITDA Margin | Nil |
| Industries | Cafes + 1 more |
| Locations | Al Khobar |
| Local Time | 4:51 PM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
930 thousand
(Native Currency: SAR 3,500,000)
Reason: The owner is involved in other businesses and is unable to manage this restaurant. Therefore, we are...
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Includes physical assets worth
USD
930 thousand
Interested to connect with advisors
Documents
Business Proposal
(237.7 KB)
Certificate of Registration
(817.4 KB)
Trademark Registration Certificate
(92.2 KB)
Business Overview
- Located at the prime location in Khobar.
- We receive around 150 customers on a daily basis.
- New gas station opening next to the restaurant (applicable for a drive-through with ease).
- Terrace access through available after lift installation and tower agreement.
- Valet parking and outside seating are strongly recommended to be executed well.
- Gallery hosts a range of exhibits & shows.
- Most of the revenue is generated by running the restaurant.
- The company is working at breakeven currently.
- One of the best-decorated restaurants in Khobar with more than 15k followers on Instagram in less than 1 year.
- We receive around 150 customers on a daily basis.
- New gas station opening next to the restaurant (applicable for a drive-through with ease).
- Terrace access through available after lift installation and tower agreement.
- Valet parking and outside seating are strongly recommended to be executed well.
- Gallery hosts a range of exhibits & shows.
- Most of the revenue is generated by running the restaurant.
- The company is working at breakeven currently.
- One of the best-decorated restaurants in Khobar with more than 15k followers on Instagram in less than 1 year.
Products & Services Overview
Fine dining restaurant serving varieties of food.
Assets Overview
Tangible assets include restaurant furniture, and kitchen equipment. We value these assets at around SAR 5 million but are offering them at a discounted price of SAR 3.5 million.
Facilities Overview
Rent is almost half of the market price (SAR 900 per m2 only + 5% for services including a/c maintenance).
Capitalization Overview
- The business is funded through personal funds.- Business is a sole proprietorship and has no debts or liabilities.
Recent Activity
-
Earlier than 15 daysOwner, Healthcare Services, Islington, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Partner, Doha, Business Broker connected with the Business
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