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Restaurant for Sale in Abu Dhabi, United Arab Emirates

For Sale: Restaurant and cafe in a very unique and prime location, serves Italian food.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 160 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Abu Dhabi
Local Time 5:39 PM Asia / Dubai
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 330 thousand (Native Currency: AED 1,200,000)
Reason: Promoter is facing financial difficulty, as a result, unable to take advantage of the location to it... View More
Includes physical assets worth USD 270 thousand
Documents
Commercial License
Online Order Menu
Business Overview

- 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.

Products & Services Overview

Restaurant and cafe serve Italian cuisine, desserts, beverages with future bar proposal.

Facilities Overview

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.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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