Restaurant for Sale in Abu Dhabi, United Arab Emirates
A premium restaurant with 3 working branches in Abu Dhabi.
This transaction has concluded.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 1.43 million |
| EBITDA Margin | 28 % |
| Industries | Restaurants |
| Locations | Abu Dhabi |
| Local Time | 8:24 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.9 million
(Native Currency: AED 7,000,000)
Reason: The owner's main line of business is in consulting & training and has been recently been awarded a h...
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Includes physical assets worth
USD
550 thousand
Interested to connect with advisors
Documents
Business Overview
- Premium restaurant in Abu Dhabi.
- Receive over 150 customers cumulative on a daily basis.
- Have been awarded contracts through tendering to operate in 3 governmental buildings for a 3-year renewable contract to offer daily buffets for all employees. (Government building holds more than 1,200 employees & rent is inclusive of all utility bills etc. )
- Widely known and has been visited by almost all high-level Sheikhs, celebrities, and VVIPs in Abu Dhabi.
- Awarded the top International restaurant in The Middle East for 2021 by International Dining Awards beating 2 of the top chains in the world.
- Have been offered and signed 2 leases to the top and most active footfall locations in the city. (these locations were chosen by al dar to have the top retailers occupy them and were not available to lease or request). One of these locations is set to open by the end of this year.
- The company is a sole proprietorship and has no debts or liabilities.
- Receive over 150 customers cumulative on a daily basis.
- Have been awarded contracts through tendering to operate in 3 governmental buildings for a 3-year renewable contract to offer daily buffets for all employees. (Government building holds more than 1,200 employees & rent is inclusive of all utility bills etc. )
- Widely known and has been visited by almost all high-level Sheikhs, celebrities, and VVIPs in Abu Dhabi.
- Awarded the top International restaurant in The Middle East for 2021 by International Dining Awards beating 2 of the top chains in the world.
- Have been offered and signed 2 leases to the top and most active footfall locations in the city. (these locations were chosen by al dar to have the top retailers occupy them and were not available to lease or request). One of these locations is set to open by the end of this year.
- The company is a sole proprietorship and has no debts or liabilities.
Products & Services Overview
The premium restaurant serves various international cuisines.
Assets Overview
Tangible - 3 working branches seating tables and kitchen equipment, mini van 2022 model, and 2 kiosks.Intangible - website.
Facilities Overview
Branch 1: 374 sqm. 2 floors + outdoor terrace. On the main road with almost 60,000 daily passing cars. (Lease valid for 3 years renewable. Rent at 1,200 AED per sqm)Branch 2 (large Government building supplying 1,200 employees on a daily basis): 426 sqm with a central kitchen. 3 floors bottom being a large 100 sqm central kitchen. 200 sqm indoor area + 100 sqm outdoor area. The kitchen is currently being used as a central kitchen as all bills inclusive (Gas, electricity, water & Etisalat) as per the contract. (Lease valid for 3 years renewable at 330 AED per sqm)
Branch 3: 120 sqm with 45 sqm indoor space. Location at the beachfront with very high footfall. (Lease valid for 3 years renewable at 2,100 AED per sqm)
2 moving kiosks: Mainly used for weddings, events, and government events. Both have a one-year placement plan ahead to not stop throughout the year.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysManaging Partner, Dubai, Accounting Firm connected with the Business
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Earlier than 15 daysManaging Partner, Growth Of Existing Business, Beirut, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
Tags:
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