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Restaurant for Sale in Sharjah, United Arab Emirates

For Sale: Sharjah-based south Indian restaurant accepting 10-40 online orders and serving 30-50 walk-in patrons/daily.
This transaction has concluded.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Sharjah
Local Time 3:09 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 27 thousand (Native Currency: AED 100,000)
Reason: Owner is leaving the country very soon and is looking to sell the business at a lower valuation.
Includes physical assets worth USD 27 thousand
Documents
Business Overview

- Well-established south Indian restaurant located in a residential area within Sharjah.

- Restaurant is listed on Zomato and Talabat.

- Run-rate sales had crashed due to the ongoing pandemic. However, sales have started rising steadily.

- We receive 10-40 online orders and serve 30-50 walk-in patrons on a daily basis. Restaurant can accommodate 16-20 people at a time.

- Average price of a food item is AED 35.

- We have 2 head chefs, 2 assistant chefs, 3 non-cooking staff and 1 general manager at the restaurant.

- Have engaged in digital (Google AdSense) and social media marketing to promote the business.

Products & Services Overview

Serve south Indian cuisine with a specific focus on food originating from Kerala, India. This includes biryanis, thali meals, kizhi, and snacks like unnakaya and pazham pori.

Assets Overview

Kitchen equipment includes 1 large cooker, 1 bread maker, 2 deep freezers, 1 big chiller, and 1 industrial stove. Besides that, the restaurant has 4 air conditioning units, 1 card machine and 1 POS system.

Facilities Overview

Seating area of the restaurant is 50 square meters. Besides that, there is a 30 square meter storage area and another 30 square meter kitchen area. Property is taken on rent and we pay AED 70,000/annually.

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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