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Restaurant for Sale in Dubai, UAE

Grand restaurant in the world's tallest residential building as per Guinness Book Of World Records.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 780 thousand
EBITDA Margin 30 - 40 %
Industries Restaurants
Locations  Dubai
Local Time 9:05 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.03 million (Native Currency: AED 3,800,000)
Reason: The owner had major surgery, has poor health conditions, and is unable to work. It's a brand new bui... View More
Includes physical assets worth USD 820 thousand
Interested to connect with advisors
Documents
Business Overview
- Multi-cuisine, fusion food restaurant with a daily footfall of 120+ and an average order value of AED 65.
- 50% of our revenue is generated from dine-in and the other 50% through online food delivery platforms like Zomato, Talabat, Careem, Deliveroo, etc.
- On weekdays we get mostly online orders and on weekends more customers for dine-in.
- We have a seating capacity of 120 including indoor and outdoor seating.
Products & Services Overview
- The restaurant specializes in the fusion of Indian-Iranian delicacies.
- Our customers are the ones who mostly enjoy multi-cuisine and fusion food delicacies.
Assets Overview
Tangible assets: kitchen equipment, live kitchen setup, fruit bar setup, snack corner set up, and all furniture and chandeliers.
Intangible assets: Trade license, Establishment Card, etc.
Facilities Overview
- Rented facility of 1,350 sqft of indoor and 850 sqft of outdoor space with a seating capacity of 80 and 40.
- The rent agreement was made during the pandemic so it is unbelievably low as AED 230k per annum for this large setup area in Marina.
Places within a 350m radius: Dubai Harbour and Grand mosque are right in front of the restaurant; Marina Walk is on the left side adjacent; Barasti Beach, Buddha Bar, Iran Zamin, and many more are all within a 300m radius.
Capitalization Overview
There is no loan or debt; the company is one hundred percent owned by a sole person with no partners.
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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