Restaurant for Sale in Riyadh, Saudi Arabia
Luxurious 300-seat fine dining restaurant in Riyadh serving 1,000+ monthly customers, ideal for events/weddings.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Other |
| Reported Sales | USD 960 thousand |
| Run Rate Sales | USD 960 thousand |
| EBITDA Margin | 18 % |
| Industries | Restaurants |
| Locations | Riyadh |
| Local Time | 9:37 PM Asia / Riyadh |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
670 thousand
(Native Currency: SAR 2,500,000)
Reason: Looking to invest in a different industry or market.
Includes physical assets worth
USD
400 thousand
Interested to connect with advisors
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Business Overview
- Located in Riyadh, this luxurious fine dining restaurant boasts a capacity of 300 seats, making it an ideal venue for weddings and gatherings.
- The restaurant offers a diverse menu with top-selling items such as mixed grills, Turkish kebabs, gourmet pizzas, and an array of premium beverages.
- Catering to families, groups, and businesses, the restaurant is popular for fine dining experiences and hosting private celebrations.
- With over 1,000 customers served monthly, revenue is generated through both dine-in services and event hosting, ensuring a steady income stream.
- The restaurant is managed by experienced hospitality professionals who maintain strong relationships with local suppliers and event planners, enhancing service quality.
- Renowned for its exceptional service, the restaurant has built a solid reputation and has hosted numerous high-profile social and corporate events.
- By combining a luxurious atmosphere with quality food and service, the restaurant effectively attracts a wide range of customers, from families to corporate clients.
- The restaurant offers a diverse menu with top-selling items such as mixed grills, Turkish kebabs, gourmet pizzas, and an array of premium beverages.
- Catering to families, groups, and businesses, the restaurant is popular for fine dining experiences and hosting private celebrations.
- With over 1,000 customers served monthly, revenue is generated through both dine-in services and event hosting, ensuring a steady income stream.
- The restaurant is managed by experienced hospitality professionals who maintain strong relationships with local suppliers and event planners, enhancing service quality.
- Renowned for its exceptional service, the restaurant has built a solid reputation and has hosted numerous high-profile social and corporate events.
- By combining a luxurious atmosphere with quality food and service, the restaurant effectively attracts a wide range of customers, from families to corporate clients.
Products & Services Overview
Our top-selling menu items include mixed grills, Turkish kebabs, pizzas, and premium beverages.We are well-known for hosting weddings, birthdays, and corporate events in a luxurious setting.
Families, groups, and businesses use our space for fine dining and private celebrations.
Assets Overview
Tangible assets: The buyer gets all equipment, furniture, AC, lights, sound system, kitchen appliances, and décor. All the operational assets are included in the transaction.
Facilities Overview
The restaurant spans a built-up area of 1,000 sqm on a single floor.It features a luxurious dining space, private cabins, jalsa areas, an outdoor garden, and a fully equipped kitchen.
The facility is currently on lease with a favourable long-term rental agreement.
Seating capacity - 300.
Capitalization Overview
The business is entirely self-funded by the current owner, with no involvement from outside investors or financial institutions. It operates without any outstanding loans, debts, or liabilities, ensuring a clean financial record. The ownership structure is simple, with one sole shareholder holding 100% of the business, making the transfer process straightforward and hassle-free for potential buyers.
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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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