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Distress deal | Restaurant with Alcohol license / BAR / Dubai Design District

Ref No- AE01631317

Sector RESTAURANTS (FOOD & BEVERAGES) SECTOR

Subsector Restaurants Casual Dining

Asking Price AED 1,800,000

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Distress deal | Restaurant with Alcohol license / BAR / Dubai Design District

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Business Synopsis

Asking Price

AED 1,800,000

Annual Turnover

Available on Request

Annual Net Profit

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Audit Report

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About the Business

Business for Sale – Resto Bar – Dubai Design District
•Size: 3,600sqft
•Trade license validity – Until March 2026
•With Alcohol license
•Modern newly upgraded fit-out
•High end furniture’s are included
•Branded kitchen appliances also included.
•Business concept – currently European business cuisine.
•Possible for Mediterranean, European, Italian, French, Japanese or Korean cuisine.
•5 years running business
•Yearly rent 590,000
•Monthly sale 290,000AED and yearly sale 3Million
•Currently 5 staff working
•With over 2Million USD investment
•Reason for selling, owner is not a residence in Dubai, he can’t manage so he is selling.
•For sale: 1,800,000
•Broker Commission 10%