Restaurant for Sale in Lagos, Nigeria
Fine dining restaurant with 150 seating capacity serving Lebanese and continental cuisine.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 300 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants |
| Locations | Lagos |
| Local Time | 12:05 AM Africa / Lagos |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
430 thousand
(Native Currency: NGN 690,000,000)
Reason: Re-location of the owner.
Includes physical assets worth
USD
350 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
Fine dining restaurant in Victoria Island, a posh locality in Lagos.
Ground floor restaurant with 150 seating capacity frequently visited by top corporate & brand owners.
Daily footfall ranges from 44-64 customers.
The average billing value is NGN 35k per couple.
95% of the revenue is from dine-in and we get 5% of sales from a food delivery platform (Mano).
Net turnover of NGN 40m average with higher sales at peak season during the end of the year.
Operations director with vast experience in hospitality for more than 40 years.
We have licenses and permits for parking, food, and drinks, which are renewed on a yearly basis.
Ground floor restaurant with 150 seating capacity frequently visited by top corporate & brand owners.
Daily footfall ranges from 44-64 customers.
The average billing value is NGN 35k per couple.
95% of the revenue is from dine-in and we get 5% of sales from a food delivery platform (Mano).
Net turnover of NGN 40m average with higher sales at peak season during the end of the year.
Operations director with vast experience in hospitality for more than 40 years.
We have licenses and permits for parking, food, and drinks, which are renewed on a yearly basis.
Products & Services Overview
Lebanese cuisine is our top-selling product. We serve drinks & food, and lounge on selected weekdays.
Assets Overview
2 Perkins generators 125kva each, sound speaker setup, kitchen equipment, Daikin Duct AC.
Facilities Overview
Rented a 2-floor facility on a long lease. The facility is equipped with 2 branded generators + an inverter, and CCTV.
Capitalization Overview
Our facility was funded by the 2 investors/ partners, no banking loan was required or sought to set up the business.Have suppliers' credit period ranging from 15 days - 1 month.
Recent Activity
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Earlier than 15 daysPartner, Film Production, Thrissur, Individual Investor / Buyer connected with the Business
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