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Restaurant for Sale in Sharjah, United Arab Emirates

For Sale: Profit-making cafeteria serving South Indian, Sri Lankan cuisine in Bu Tina, Sharjah.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 130 thousand
Run Rate Sales USD 33 thousand
EBITDA Margin 35 %
Industries Restaurants
Locations  Sharjah
Local Time 1:03 AM Asia / Dubai
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 54 thousand (Native Currency: AED 200,000)
Reason: Owner relocating to another country.
Includes physical assets worth USD 54 thousand
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Business Overview

- Restaurant and cafeteria with a good daily counter collection as well as good numbers of repeat customers.

- Facility has 4 tables and 16 chairs at the moment as per the Covid guidelines.

- On a daily basis we serve 80-100 now. Before the pandemic, it was much more.

- We also supply food to 20-30 companies at the rate of 1-3 meals a day.

- Have a customer database of 20K.

- Business is registered on multiple online portals for online orders.

- We have 3 employees on company visa.

- Sales have dropped due to fewer customer walk-ins as a result of the pandemic.

Products & Services Overview

Different types of South Indian and Sri Lankan cuisine with veg and non-veg options.

Assets Overview

- Everything is included in the price and if interested can retain the staff also.

- Assets include kitchen equipment, utensils, electronics, lights, tables and chairs.

Facilities Overview

Rented space of 1,000 sq. ft. approximately. We pay AED 20K per annum as rent.

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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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