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Restaurant for Sale in Doha, Qatar

For Sale: South Indian restaurant in Doha with 40 seats popular for serving biryani.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 99 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Doha
Local Time 1:07 PM Asia / Qatar
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 16.4 thousand (Native Currency: QAR 60,000)
Reason: The owner plans to move back to his native country. We are looking to expedite the sale process and ... View More
Includes physical assets worth USD 13.7 thousand
Interested to connect with advisors
Documents
Front View
Business Overview
- Our restaurant is located in a residential area and is well known for serving biryani.
- Have a seating capacity for 40 customers and the restaurant is spread on 2 floors.
- Prior to COVID-19, we used to provide dine-in, takeaway, and delivery services. But after the pandemic, we have stopped serving customers at our restaurant.
- At present, we generate revenue only through catering service.
- We have established a tie-up with 1 construction company in Doha and we prepare food for their staff of 45 employees, every day and deliver it to them. We have 1 delivery van.
- The interested buyer can restart the operations at the restaurant.
- We have seen a drop in sales as the restaurant is highly dependent on Indian clientele which has slowly been reducing due to Covid.
- Have more than 900 followers on our Facebook page. Have tie-ups with Talabat, Fingertips, and Wishbox for online delivery.
Products & Services Overview
Biryani, idli, dosa, and other South Indian cuisines. We serve both vegetarian and non-vegetarian food.
Assets Overview
Tables and chairs for 40 customers, 1 POS machine, kitchen equipment, utensils, furnishing and sponsor activities.
Facilities Overview
400 sq. ft. of rented facility spread on 2 floors. The ground floor can be used for hosting birthday parties.
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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