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Restaurant for Sale in Jeddah, Saudi Arabia

Well-established Asian/Chinese restaurant having 2 branches with 60+ walk-ins daily located in Jeddah.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 720 thousand
Run Rate Sales USD 720 thousand
EBITDA Margin 10 - 20 %
Industries Restaurants
Locations  Jeddah
Local Time 10:55 PM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 850 thousand (Native Currency: SAR 3,200,000)
Reason: The owner wants to sell the restaurant due to personal issues.
Includes physical assets worth USD 80 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
VAT Registration
Business Overview
- 2 branches operating in Jeddah in prime locations.
- Main branch facing upcoming mega-hospital on the prime road.
- 2nd branch in the highly populated area facing a well-known supermarket. We receive a good number of takeaway orders from this branch.
- Very well-rated restaurant on google and across all delivery applications.
- Established brand name in the market, easy to expand across KSA in cloud kitchens.
- On average, we receive walk-ins of 60-70 in each of the restaurants.
- The seating capacity in the main branch is 44 and in the 2nd branch is for 5 people.
Products & Services Overview
Serving fresh Asian / Chinese food.
Stir fry noodles.
Fried Rice.
Appetizers.
Dishes.
Assets Overview
Includes all restaurant equipment in both branches, tables, chairs ACs, and kitchen equipment.
Facilities Overview
Main Branch is 170 sqm with a big dine-in area located on Sultan road. Rent of SAR 170k + VAT is paid for this space.
2nd branch of 70 sqm which is perfect for takeaway orders is located in Rawdah. Rent of SAR 100k is paid for this location.
Capitalization Overview
- Business funded and owned by 2 individuals with a shareholding of 70% and 30%.
- Usual debts to suppliers since we deal with post-dated payments and will be settled on time.
Recent Activity
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2 Buyers already contacted this Business. Register below to connect now!
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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