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Restaurant for Sale in Dubai, United Arab Emirates

For sale: Italian fine dining restaurant along with bar and shisha at Marina Gate.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Dubai
Local Time 12:44 AM Asia / Dubai
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.6 million (Native Currency: AED 9,700,000)
Reason: Confidential. We are listing this business as an advisor and we will not charge any fee from the buy... View More
Interested to connect with advisors
Documents
Business Overview

- Brand new Italian fine dining restaurant, ready to be launched, comes fully fitted and furnished, bespoke designed.

- The concept of the business and the restaurant are the creation of a German entrepreneur with extensive experience as the owner of multiple other active restaurants and business. This particular business is not part of a restaurant chain and does not represent a franchise.

- The business is occupying 3 shops area converted into 2 restaurants with a large terrace facing a directly unobstructed view of Dubai Marina. The asset includes a fully fitted kitchen and bar with appliances and private restrooms.

- Restaurant and Shisha: 180˚ unobstructed Marina view with large terrace.

- Italian fine dining and bar: 180˚ unobstructed Marina view with terrace, and Marina view skyline.

- Located in a key location in Dubai Marina by Marina Gate.

- The mezzanine floor is the Dubai Marina gate and gives direct access from the Dubai Marina promenade.

- Business has obtained the commercial trade license the business as well as the alcohol & shisha license.

- Company is run by a single owner and does not have any loans.

- The business has not been launched yet, therefore there is no operation hence no revenue has been reported.

Products & Services Overview

Brand new Italian fine dining restaurant with alcohol & shisha license.

Tailor made design, engineered for perfection with seamless details for the interior ambience and terrace decoration.

Assets Overview

Brand new business ready to run in a state of art designed with details to perfection with alcohol & shisha license, fully fitted kitchen, modern fully furnished interior and external terrace as well as the staff of 20 and the menu. The value of physical assets mentioned on the profile will remain confidential and shared with a prospective genuine buyer only.

Facilities Overview

Total area of the premises is 450 sq. meters with an indoor seating capacity including the bar and fine dining of 70+ and the restaurant indoor has a seating capacity of 55+ and the outdoor terrace has 50 total seats.

The lease contract is valid for 5 years and valid for 4 more years. The place has a dedicated parking space as well.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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