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Restaurant Assets for Lease in Sharjah, UAE

For Lease: Restaurant inside a 3-star hotel in Sharjah with 40-50 pax capacity.

Ownership Duration 10-20 year(s)
Industries Restaurants
Locations  Sharjah
Local Time 9:53 AM Asia / Dubai
Listed By Management Member
Status Moderately Active
Overall Rating
Yearly Lease Amount
Asking Price: USD 82 thousand (Native Currency: AED 300,000)
Reason: We wish to lease the restaurant to any experienced businessman for 1-3 years and the lease period is... View More
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Assets Description
- Fully furnished restaurant for lease located in a good location in Sharjah.
- Restaurant is on the Mezzanine floor of a 3-star hotel. The hotel has 90 rooms and runs with an average of 80-85 % occupancy rate.
- We serve Chinese, Italian, Indian, fast food with veg and non-veg options.
- Running the restaurant with 40 seats due to the pandemic but the actual capacity is 50 seats.
- We have organized parties with up to 100 members in the past.
- We serve only hotel customers but the new tenant can register on online platforms to serve outside customers.
- Annual revenue of the restaurant is AED 700,000.
- The total asset value is AED 600,000 and it includes kitchen equipment, utensils, interiors, furniture and fixtures and other existing equipment to run the business.
- Lease amount is slightly negotiable.
- The restaurant space is owned by the hotel itself but all the restaurant equipment and utilities are owned by us.
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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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