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Iconic Profitable Restaurant in Sharjah

Ref No- AE01314935
Subsector Restaurants Casual Dining
Asking Price AED 1,500,000
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Business Synopsis
Asking Price
Asking Price
AED 1,500,000
Annual Turnover
Annual Turnover
Available on Request
Annual Net Profit
Annual Net Profit
Available on Request
Audit Report
Audit Report
Available on Request
Team Size
Team Size
15

Total number of staff currently associated with the business.

Monthly Accommodation
Monthly Accommodation
3,000 AED

Company bears accommodation charges.

Utilities
Utilities
5,000 AED
Average Staff Salary
Average Staff Salary
20,000 AED

Monthly average salary across the current team.

About the Business

Iconic Restaurant since 2007, in thickly populated Abu Shagra area, Sharjah. Low rent ,inclusive of water and electricity. Its serving North Indian, South Indian, Chinese and Mughali food. It has Ground floor Reception, Dining area for 50 person, 4 Toilet, Kitchen ( Tandoor, Chinese, North Indian and Store). On first floor we have Party Hall for 250 persons, Stage, Music System, Kitchen ( South Indian) Washing area, Staff room, Office, Store. 2 toilet. Pool side can also be used. 
Rent 22k/m includes water and Electricity. 
Total staff 15+.
Monthly Business of 200k.
Expected price 1.2 Million.

Amenities / Key Features
  • Premium Location
  • Huge Kitchen
  • Loyal Customer Base
  • People use it as a Landmark
  • Established Business
  • Prime Location
  • Attractive Business
Location

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Premise Location Details

  • Shop Size

    5500 SQFT

  • Shop Rent

    22,000 AED

  • Landlord Deposit

    20,000 AED

  • Payment Mode

    Monthly

  • No. of Payments

    12

  • Landmark

    Basma Residence

  • Location

    ABU SHAGARA, SHARJAH, United Arab Emirates

Bizquartz Recommendation

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