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Restaurant for Sale in Dubai, United Arab Emirates

Cafe in a prime commercial location serving high quality Italian & Lebanese cuisine with Shisha.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.03 million
Run Rate Sales USD 820 thousand
EBITDA Margin 0 - 10 %
Industries Restaurants
Locations  Dubai
Local Time 12:07 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 164 thousand (Native Currency: AED 604,000)
Reason: Not our main business and don't have time to give it the right focus and attention. Main partner is ... View More
Includes physical assets worth USD 164 thousand
Interested to connect with advisors
Documents
Business Overview
- Restaurant is in a 40 storey commercial building in Dubai and operating since 2012.
- Revenue bucket include Dine-in, Delivery, Catering & 4 Kiosks across Dubai.
- Expansion of the outlet is in the pipeline for 2019, along with a few catering contracts up for grabs.
- We serve Italian, Arabic food & also Shisha only in the main branch.
- Seating capacity is of 120 pax inside and 60 pax outdoors.
- Footfall is more than 600 on a daily basis in the main branch and other Kiosks.
- Tie-ups with third-party delivery partners and we also have our own delivery system with 4 bikes.
- We also do catering for corporate events, seminars, family parties.
- The business has high growth potential but since this is not our core business, we are looking to exit.
- The firm has short term and long term borrowing which we plan to pay off after receiving funds from the sales of this business.
Products & Services Overview
Hot & Cold Food, Hot & Cold Beverages, Salads, Pasta, Pizzas, Lebanese Food, Fresh juices, Mocktails. Shisha is available in the main branch.
Facilities Overview
Main branch is 3,400 sqft indoor and another 1,500 sqft outdoor area. Kiosks would range between 100 - 200 sqft area.
Capitalization Overview
Not Disclosed
Recent Activity
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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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