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Newly Established Restaurant for Sale in Kuwait City, Kuwait

For sale: Well-equipped canteen business in the labour area with a standing capacity of 5.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 98 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Kuwait City
Local Time 10:51 PM Asia / Kuwait
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 13 thousand (Native Currency: KWD 4,000)
Reason: The owner is shifting abroad and cannot manage the business anymore.
Includes physical assets worth USD 4.9 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- This restaurant canteen is located in a labor-dense area and is frequently visited by workers during lunchtime.
- We serve Indian cuisine, with popular offerings such as biryani and chicken starters.
- The business has been non-operational for the past three months due to the need to hire and train new staff, as the previous team was unable to continue.
- The canteen does not have a seating area and is equipped with standing tables, accommodating up to five people at a time.
- The average order value is 2 KWD.
- Daily walk-ins are 40 customers.
- We hold a valid advertising license and operate under a sole proprietorship entity license.
Products & Services Overview
Top-selling items include biryani and butter chicken, chicken 65, which are highly popular among fans of Indian cuisine.
Assets Overview
Tangible assets:
- Furniture and fixtures (tables, racks)
- Kitchen utensils and equipment.
Intangible assets:
- Advertising license.
- Sole proprietorship entity license.
Facilities Overview
The canteen spans 35 sq ft with a monthly rent of KWD 450.
Capitalization Overview
The business has been funded by the sole proprietor to date, with no external loans or liabilities.
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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