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BAR LOOKING FOR INVESTOR

Ref No- AE01971702
Subsector Others
Asking Price AED 550,000
Documents Not listed
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Business Synopsis
Asking Price
Asking Price
AED 550,000
Annual Turnover
Annual Turnover
Available on Request
Annual Net Profit
Annual Net Profit
Available on Request
Audit Report
Audit Report
Not Applicable
Team Size
Team Size
15

Total number of staff currently associated with the business.

Monthly Accommodation
Monthly Accommodation
2,000 AED

Company bears accommodation charges.

Utilities
Utilities
2,000 AED
Average Staff Salary
Average Staff Salary
5,000 AED

Monthly average salary across the current team.

Miscellaneous Costs
Miscellaneous Costs
9,500 AED
About the Business

Dubai is a hub of cosmopolitan culture, drawing millions of visitors each year to its dynamic nightlife scene. Our bar, situated in a bustling area known for its entertainment and hospitality, has been a cornerstone of Dubai's nightlife for several years. As the current owners seek to pursue other ventures, we present an opportunity for investors to acquire a well-established bar with a turnkey management team in place.

Key Features of the Bar

- Prime Location: The bar is strategically located in a high-traffic area, ensuring consistent footfall and visibility.

- Established Brand: With years of operation, the bar has built a strong brand presence synonymous with quality service, entertainment, and ambiance.

- Diverse Offerings: The establishment offers a diverse range of beverages, including signature cocktails, premium spirits, and a curated selection of wines and beers.

- Entertainment: Live music performances, themed nights, and special events contribute to the bar's vibrant atmosphere, attracting patrons seeking entertainment and socializing opportunities.

- Well-Appointed Facilities: The bar features a stylish interior design, comfortable seating arrangements, and state-of-the-art sound and lighting systems, enhancing the overall customer experience.

Management Structure:

Our proposal includes the retention of the current management team, ensuring a seamless transition for the new owners. The management team comprises experienced professionals with a deep understanding of the local market and a proven track record in hospitality management. Responsibilities of the management team include:

- Operations Management: Overseeing day-to-day operations, including staff scheduling, inventory management, and customer service.

- Marketing and Promotion: Developing and implementing marketing strategies to attract new customers and retain existing ones through digital marketing, social media, and promotional events.

- Financial Management: Managing finances, budgeting, and financial reporting to ensure profitability and sustainable growth.

- Staff Training and Development: Training and mentoring staff to uphold service standards and enhance the customer experience.

- Regulatory Compliance: Ensuring compliance with local regulations, health and safety standards, and licensing requirements.

Staffing:

The bar is staffed by a dedicated team of professionals, including bartenders, servers, security personnel, and administrative staff. Our proposal includes the retention of existing staff members who are integral to the bar's success. The staff members are trained to deliver exceptional service, uphold the bar's reputation, and contribute to its overall success.

Benefits of Acquisition:

- Immediate Revenue Generation: Acquiring a running bar eliminates the need for a lengthy setup period, allowing investors to generate revenue from day one.

- Established Customer Base: The bar has a loyal customer base and a strong reputation, providing a solid foundation for future growth and expansion.

- Experienced Management: The retention of the current management team ensures continuity and expertise in operations, marketing, and financial management.

- Growth Potential: With Dubai's growing tourism industry and vibrant nightlife scene, there are ample opportunities for the bar to expand its offerings, attract new customers, and increase profitability.

Amenities / Key Features
  • Premium Location
  • High Quality Equipments
  • Corner Shop
  • Loyal Customer Base
  • Established
  • Offers Invited
  • Price Reduced
  • Vacant/Empty Premises
  • With Car Park
  • Attractive Business
  • Fully Fitted
  • Large Business For sale
Location

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Premise Location Details

  • Shop Size

    2000 SQFT

  • Shop Rent

    60,000 AED

  • Landlord Deposit

    100,000 AED

  • No. of Payments

    3

  • Landmark

    NEAR BY STATION

  • Location

    BUR DUBAI, DUBAI, United Arab Emirates

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