An urgent sale on a premium running BAR - Restaurant and Roof-top Shisha Loungein an International 4 Star Hotel with the following key features:
- Existing BAR with premium fully equipped serviced kitchen and fixtures.
- Existing Roof-top seating area for shisha and beverage connected to the BAR.
- Private Entrance to the BAR and Rooftop.
- Alcohol and Shisha license till 3 AM with option to extend to 6 am.
- Option for additional license activity to serve grilled food
- Hotel provides full visa assistance for staff and employees with 1 month hiring
grace period to test employee service levels.
- Existing clientle of Hotel / Tour Operators and referral contacts
- Annual profit potential of AED 12 Million ++ on conservative basis based on existing business model.
- High Hotel Occupancy with high footfall and walkin clients.
- Indoor seating capacity: 60 Persons and Outdoor seating capacity: 75 Persons
Year 1 Rent - AED 750,000 + 5% Commission + 10% Utility fee paid monthly.
Year 2 Rent - AED 800,000 + 5% Commission + 10% Utility fee paid monthly.
Key Money: AED 4.5 Million for all fixtures and fittings and licenses, sound proofing and sound system.
* Rent is renewed at each year.
Internal Area: 200 Sqft Approx
Outdoor Area: 350 Sqft Approx