Waffle Store for Sale in Doha, Qatar
Established | 5-10 year(s) |
Employees | 50 - 100 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 3.7 million |
Run Rate Sales | USD 3.8 million |
EBITDA Margin | 25 % |
Industries | Ice Cream Parlors + 1 more |
Locations | Doha |
Local Time | 12:55 PM Asia / Qatar |
Listed By | Management Member |
Status | Active |
Started six years ago with 1 branch, now running 7 branches in Doha. The owner is a famous social media influencer and we have great marketing coverage.
Revenue split of about 70:30 in delivery and walk-in customers. We often do catering orders as well. High revenue per employee due to our well-known brand.
Wide variety of desserts that include ice cream, waffles, cookies, pancakes, cakes, and brownies.
Seven shops with a net value of (QAR 500,000) per shop.
The shops are leased, it's actually the FF&E of the shops that are worth QAR 500,000 each.
We have 7 shops with 2 central kitchens. The 2 kitchens are located in 2 of our bigger shops. The shop sizes vary from 50 sq. m. to 150 sq. m.
It was funded one time only at the beginning. Later on, the expansion was from the generated profit that built up 6 more branches. The owners are two Qatari businessmen with equal shares of 50% each.
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Earlier than 15 daysGeneral Director, Business Services - Security Services, Sittard, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder & CEO, Dubai, Financial Consultant connected with the Business
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Earlier than 15 daysIndependent Advisor, Green Valley, Financial Consultant connected with the Business