Cozy Seafood Restaurant Business In Dubai For Sale

Description

Seafood restaurant in a Dubai shopping mall.

Background

Operating since: 2021

Premises

• Total area: approximately 3,700 sq ft
• Seating capacity: approximately 80
• Kitchen area: approximately 1,000 sq ft

Sales Channels

• Dine-in
• Takeaway
• Delivery

Customers

Average daily footfall: approximately 15 customers

Trading Hours

• Lunch service
• Dinner service
• No breakfast service at present

Team

Total staff: 8

Kitchen and Equipment

• Pizza station
• Pizza oven
• Live cooking station
• Hot kitchen
• Bar area and equipment
• Pastry section
• Storage areas
• Chillers
• Freezers
• Kitchen hoods
• Ventilation systems
• MEP installations
• CCTV system
• Fire safety systems
• Lighting and interior fixtures
• Online ordering system

Assets

• Reported asset value: approximately AED 2,800,000
• Inventory: approximately AED 50,000

Financials

• Monthly revenue: approximately AED 70,000
• Monthly operating costs: approximately AED 80,000
• Current result: loss-making
• Annual rent: AED 378,000

Lease

Tenancy expiry: October 2026

Growth Areas

• Menu changes
• Rebranding
• Breakfast service
• Higher use of existing space and equipment

Reason for Sale

Reason: owner relocation.

Asking Price

Price: AED 630,000