Restaurant for Sale in Abu Dhabi, United Arab Emirates
|Employees||5 - 10|
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 160 thousand|
|Run Rate Sales||USD 230 thousand|
|EBITDA Margin||20 %|
|Local Time||2:19 AM Asia / Dubai|
|Listed By||Management Member|
- A year-old restaurant in Abu Dhabi specializing in serving Italian food.
- Have 90 seats and due to the new regulations we have reduced the seating capacity.
- We receive 80-100 walk-ins on a daily basis and during normal times (before pandemic) it used to be much more.
- We had positive growth each month until this pandemic.
- Last year was our first year of operations and reported sales only reflect sales for a few months of last year and not for the entire 12 months.
- The location is very promising and receives a lot of tourists. New development projects are going on nearby.
- We are currently open and following social distancing guidelines.
- Website is not operational as we are not using it. However, the new buyer can make it a fully functional website.
- Interiors, furniture and lightings are imported from Italy and are of premium quality.
- Physical assets include furniture, kitchen equipment, interiors, lightings and other related items.
Restaurant and cafe serve Italian cuisine, desserts, beverages with future bar proposal.
Rented facility located near the Marsa Al Bateen waterfront with indoor and outdoor seating. We also have a top floor that could be utilized for bar and shisha lounges. Indoor space is 250 sqm and outdoor space is around 50 sqm.
Earlier than 15 daysOwner, Restaurant, Abu Dhabi, Individual Investor / Buyer connected with this business
Earlier than 15 daysExecutive Chef, Healthcare Club, Abu Dhabi, Individual Investor / Buyer connected with this business
Earlier than 15 daysOwner, Consulting Services, Abu Dhabi, Individual Investor / Buyer connected with this business