We present FOR SALE a running and Profitable Restaurant Business in prime location at the Dubai Marina Walk serving authentic Arab Oriental and Mediterranean Cuisine with a Shisha License.
KEY FEATURES –
PHYSICAL ASPECTS
• Comprises of Internal and External Seating combined gives 7800 Square Feet
• Internal Area of 3000 Sq Feet is split between Ground and First Floor with sweeping and
prime Marina Views and External Area of 4800 Sq Feet is Maina Facing Corner Location.
Extra External Terrace available from Master Developer.
• Fully Furnished and Equipped to Exceptional Standards. Age of Furniture and
Equipments is less than Two Years Old
• Seating Capacity is approximately 250 to 300 persons at full capacity
• Reserved 35 Covered Private Parking Slots for Restaurant Customers with Valet
• Additional Store Room in Basement
• Private Toilet in Restaurant
• Shisha Approval for Internal and External Seating
* Permission Available Now for Outdoor Tent to have Airconditioning Seating Outside
EMPLOYEE DETAILS
• 35 Full Time Employees including various specialities
• Staff Accommodation in Economical Area
KEY FINANCIAL AND COMMERCIALS
• Nil Liability to Suppliers and Free from any Third Party Loans or Liabilities
• Annual Sales for Year 2015 will close at Aed 4 Million ++
• On forecasted Sales, Profitability of approximately Aed 1 Million
• Professional Trade License is 100% in Expatriate Name can be transferred to new Owner
• Existing Tenancy Contract valid through Year 2017 and can be renewed with moderate
increase of rent to Landlord
* Annual Rent of Premises is Aed 900,000/- only
• Full Service Restaurant Serving from 10 am to Post Midnight serving all Meals
• All Authorities Certification are Valid
SALE PRICE AND WHAT IT COVERS
• Aed 3.7 Million Net to Seller as Key Money/ Sale Price for Running Business
• Sale Price Covers the Running Business with all Furniture and Equipments and Brand
Name of Restaurant in addition to a stream of repeat high spending customers that could
easily contribute to over 50% of the Sales
• Commission Payable by Buyer to Broker is 3% of Sale Price
• This business is suitable for Chain of Restaurants or Large Corporate Group wishing to
enter in the Restaurant Business with a good position in Dubai Marina.
* Prepayments and Deposits to be Repaid back to Seller
SERIOUS BUYERS ONLY, PLEASE CALL 055 2219667 TO DISCUSS FURTHER.