Newly Established Nightclub Seeking Loan in Dubai, United Arab Emirates
Nightclub with live dance performance in a high footfall area of Dubai, seeks working capital.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | USD 820 thousand |
| EBITDA Margin | 20 % |
| Industries | Bars + 1 more |
| Locations | Dubai |
| Local Time | 9:48 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
163 thousand
for
10.0%
annual interest,
2
years
(Native Currency: AED 600,000)
Reason: Require working capital. Since all our assets are illiquid we need external funds.
Collateral Available: USD 0
Includes physical assets worth
USD
270 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Offer an exciting night club in Bur Dubai, catering to everyone looking for entertainment.
- Our cuisine features a range of Middle Eastern dishes, including both vegetarian and non-vegetarian options.
- Liquor is our bestseller, and our bar is fully licensed.
- With 15 years of experience in promoting events, we provide a seasoned touch to our offerings.
- Our primary customer base includes young professionals and working individuals.
- The venue has a seating capacity of 60, creating an intimate atmosphere.
- We hold all necessary licenses, including bar, food safety, and trade licenses.
- We operate exclusively as a walk-in establishment with no online delivery options.
- Our monthly sales average is AED 250,000.
- Our cuisine features a range of Middle Eastern dishes, including both vegetarian and non-vegetarian options.
- Liquor is our bestseller, and our bar is fully licensed.
- With 15 years of experience in promoting events, we provide a seasoned touch to our offerings.
- Our primary customer base includes young professionals and working individuals.
- The venue has a seating capacity of 60, creating an intimate atmosphere.
- We hold all necessary licenses, including bar, food safety, and trade licenses.
- We operate exclusively as a walk-in establishment with no online delivery options.
- Our monthly sales average is AED 250,000.
Products & Services Overview
Night club in Bur Dubai.Catering to youngsters and working crowd.
Liquor is our bestseller.
Assets Overview
Furniture and fixtures worth AED 800k.Kitchen assets worth AED 200k.
Facilities Overview
Rental facility of 2k sq ft area in Bur, Dubai.Rent is AED 900,000 per annum.
Capitalization Overview
Sole owner with a 100% stake.No loans or debts.
Self funded business.
Recent Activity
-
1 day, 6 hours agoFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
1 week, 2 days agoCo-Founder, Dubai, M&A Advisor connected with the Business
-
Earlier than 15 daysGeneral Manager, Dubai, Financial Consultant connected with the Business
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