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Unique prime location running restaurant in the mall. with indoor and outdoor terraces.

Ref No- AE01798705

Sector RESTAURANTS (FOOD & BEVERAGES) SECTOR

Subsector Restaurants FINE DINING

Asking Price AED 1,200,000 Previously AED 2,000,000

Documents Not listed

Listed By Evgeniy Velizhanin

Unique prime location running restaurant in the mall. with indoor and outdoor terraces.

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Business Synopsis

Asking Price

AED 1,200,000

Previously AED 2,000,000

Team Size

Total number of staff currently associated with the business.

Monthly Accommodation

0 AED

Company bears accommodation charges.

Utilities

11,000 AED

Average Staff Salary

130,000 AED

Monthly average salary across the current team.

Miscellaneous Costs

15,000 AED

About the Business

5560 sq.ft. total. (with two terraces). 126 seats. Only 6 place in the Mall have both - outside and inside terrace. Big kitchen 1500 sq.ft. with grill, confectionary shop, Rationals. Full equipped, running fine dining restaurant. Invesrments 6,500,000 aed done. Last summer income 300,000/ month.
Prime location - 1st floor of the Mall, near entrance, on intersection of restaurants gallery and gallery, that leads to fashion area and supermarket on other end. Rent contract appr. 150,000 aed/m.
Restaurant needs to re-branding to casual dining. We looking for partners for future re-branding to your brand or concept. (No arabic, no turkish brand - is Landlord condition. Italian, Asian, Mexican, Russian, other concepts are welcome). Urgently sale of share 50-75% in LLC. Without debts. Control share 50 or 51% cost is 900,000 aed. Share 75% cost is 1,200,000 aed. Sale for 75% or more share is possible for discussion - it needs Landlord approval.