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Restaurant for Sale in Dubai, United Arab Emirates

Newly started Indian cuisine restaurant in Al Nahda Dubai is up for sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 490 thousand
EBITDA Margin 12 %
Industries Restaurants
Locations  Dubai
Local Time 4:39 PM Asia / Dubai
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 270 thousand (Native Currency: AED 1,000,000)
Reason: Lack of time to manage the restaurant efficiently.
Includes physical assets worth USD 27 thousand
Documents
Business Overview
Company was established in 2016 and the restaurant started operations in April 2018. Restaurant has high rating on Zomato. Menu was finalized by a celebrity chef. We signed a lease agreement with the landlord which expires in June 2019. There is a huge potential for delivery business. Average revenue collection per day is AED 5,000. Physical asset includes kitchen equipment, AC, furniture. Seating capacity is of 72 pax and we have 100 to 120 walk-ins everyday.
Products & Services Overview
Restaurant is well known for biryani, parota, chatti choru and meals.
Facilities Overview
Leased 2,000 sqft space on the ground floor.
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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