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Restaurant for Sale in Kuwait City, Kuwait

For Sale: Chinese restaurant in Kuwait city with all its equipment and furniture.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 118 thousand
Run Rate Sales USD 157 thousand
EBITDA Margin 10 - 20 %
Industries Restaurants
Locations  Kuwait City
Local Time 8:40 PM Asia / Kuwait
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 163 thousand (Native Currency: KWD 50,000)
Reason: The owners are moving on to another venture.
Includes physical assets worth USD 163 thousand
Interested to connect with advisors
Documents
Business Overview
- Chinese restaurant housed in a villa-style building of 300 square meters in Kuwait.
- 125 pax indoor seating capacity, with outdoor seating as well.
- Mostly have dine-in customers but the takeaway orders have increased since Covid.
- Since Covid, most of the workforce had to be laid off.
- Advertise through Tripadvisor, Instagram, and Eat App.
- The buyer will receive the legal entity, branding, furniture, fixtures, and all the kitchen equipment.
Products & Services Overview
Authentic Chinese and Asian food, popular dishes include Peking duck, and the restaurant is known for its ambiance.
Assets Overview
All physical assets like the branding, furniture, and kitchen equipment.
Facilities Overview
Villa style rented premises spread over 300 square meters. The monthly rental is KWD 2,760.
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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