Restaurant for Sale in Dubai, UAE
Seafood restaurant located in the downtown area in Dubai near a famous shopping mall.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 400 - 500 thousand |
| Run Rate Sales | USD 245 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants |
| Locations | Dubai |
| Local Time | 8:00 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
190 thousand
(Native Currency: AED 700,000)
Reason: Owners are moving out of the UAE.
Includes physical assets worth
USD
95 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
The restaurant is well known for serving seafood to customers. It is located near a famous shopping mall and also has a metro station nearby which gives us a high customer footfalls. Restaurant has a total seating capacity for 80 customers. Have tie-ups with Careem NOW and Talabat for online food delivery. We have more than 9,000 followers on Facebook.
Restaurant largely receives walk-in customers as compared to orders from online food delivery apps. Before COVID-19, we used to serve 80+ walk-in customers and 10+ online orders. After COVID-19, the number of customers have reduced and we are currently serving 20+ walk-in customers and 15+ online orders. Our run rate revenue has dropped due to COVID-19.
Our restaurant is popular among people who likes to hangout with friends especially during winters. We have a friendly staff and our facility is fully equipped with music & audio system. The restaurant has been recognized by The Filipino Times on a multiple occasions. We hold category A & B cleanliness license from Dubai Municipality. Business owned assets include furniture, kitchen utensils and equipment.
Restaurant largely receives walk-in customers as compared to orders from online food delivery apps. Before COVID-19, we used to serve 80+ walk-in customers and 10+ online orders. After COVID-19, the number of customers have reduced and we are currently serving 20+ walk-in customers and 15+ online orders. Our run rate revenue has dropped due to COVID-19.
Our restaurant is popular among people who likes to hangout with friends especially during winters. We have a friendly staff and our facility is fully equipped with music & audio system. The restaurant has been recognized by The Filipino Times on a multiple occasions. We hold category A & B cleanliness license from Dubai Municipality. Business owned assets include furniture, kitchen utensils and equipment.
Products & Services Overview
- Seafood, meat grills & Asian cuisine.- Delivery through Careem and Talabat.
Assets Overview
Kitchen equipment, furniture & fixtures,POS and other items.
Facilities Overview
The restaurant is spread on 2 floors with a total seating capacity for 80 customers. The premises is on rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Dubai, Business Broker connected with the Business
-
Earlier than 15 daysCEO, Dubai, Business Broker connected with the Business
-
Earlier than 15 daysDirector, Project Management, Dubai, Individual Investor / Buyer connected with the Business
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