Profitable Shisha Cafe Seeking Loan in Dubai, United Arab Emirates
Sheesha cum restaurant in a 4 star hotel in Downtown Dubai that has a seating of 100+ pax.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Other |
| Reported Sales | USD 4 - 5 million |
| Run Rate Sales | USD 4.9 million |
| EBITDA Margin | 40 - 50 % |
| Industries | Restaurants + 2 more |
| Locations | Dubai |
| Local Time | 9:56 AM Asia / Dubai |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
540 thousand
for
10.0%
annual interest,
5
years
(Native Currency: AED 2,000,000)
Reason: Funds will be used to buy out share from the other partner. It will also be used for renovation and ...
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Collateral Available: USD 540 thousand
Includes physical assets worth
USD
540 thousand
Interested to connect with advisors
Business Overview
- Arabic Lounge cum night restaurant with sheesha located in a 4-star property at Downtown Dubai.
- Serve multi-cuisine food but specialize in Arabian cuisine including snacks, main course, drinks, and beverages.
- We are one of the very few sheesha lounges with a liquor license.
- Operates from 8 pm to 4 am everyday.
- Have a seating capacity for 120 people and a separate dance floor.
- The place can accommodate 400 people at one time.
- We also host various events like DJ nights, Bollywood nights, and private themed parties.
- Have hosted 180+ events to date.
- The place is owned by a local Emirati which enables us to enjoy subsidies and concessions.
- We have 4 chefs who are specialized in cooking all cuisines.
- Have an active page on Facebook and Instagram.
- A separate parking space is available for all the visitors.
- We have a contract of 2 years with the 5-star outlet which is renewable.
- Serve multi-cuisine food but specialize in Arabian cuisine including snacks, main course, drinks, and beverages.
- We are one of the very few sheesha lounges with a liquor license.
- Operates from 8 pm to 4 am everyday.
- Have a seating capacity for 120 people and a separate dance floor.
- The place can accommodate 400 people at one time.
- We also host various events like DJ nights, Bollywood nights, and private themed parties.
- Have hosted 180+ events to date.
- The place is owned by a local Emirati which enables us to enjoy subsidies and concessions.
- We have 4 chefs who are specialized in cooking all cuisines.
- Have an active page on Facebook and Instagram.
- A separate parking space is available for all the visitors.
- We have a contract of 2 years with the 5-star outlet which is renewable.
Products & Services Overview
All cuisine, dance floor, DJ nights, sheesha, alcohol, beverage, and mocktails.
Assets Overview
Assets of the business involved in the transaction include fitout electronic gadgets, counters, 12 refrigerators, air conditioners, kitchen equipment, and furniture.
Facilities Overview
Area is split across 2 floors and the space is 4,800 sqft. The space is inside a 4-star property and is leased. The contract is renewable after every 2 years.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Bengaluru, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder & CEO, Business Consulting, Dubai, Individual Investor / Buyer connected with the Business
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