Lebanese Dining Concept Restaurant In JVC, Dubai For Sale

Description

Open for around 13 months.

Location

Inside a mall in JVC, Dubai.

The outlet serves mall visitors and nearby residents.

Brand

The concept was developed with franchising in mind.

Instagram following: almost 6,000.

Google rating: 4.9 from around 400 reviews.

Mall Approval

Dubai Holding business plan: 3 years approved

Other Dubai Holding malls may be considered later.

Premises

• Indoor seating
• Outdoor area
• Separate storage

Lebanese-style décor is already fitted throughout the outlet.

Rent

• Main outlet: around AED 35,000 per quarter
• Outdoor area: around AED 6,000 per quarter
• Storage: around AED 4,500 per quarter
• Annual renewal increase: 5%

Assets

Equipment and assets: over AED 120,000

Original fit-out spend: around AED 450,000.

Team

Seven staff currently work at the restaurant.

Kitchen staff are cross-trained, with additional front-of-house support.

The owners currently handle management.

Delivery and Accounts

Delivery aggregator platforms are active.

Accounting support is also in place.

Financials

• Average monthly revenue: AED 40,000–50,000
• Ramadan revenue: around AED 35,000
• Food cost: around AED 3,500 per month
• Utilities: around AED 4,200 per month

Staff salaries and aggregator commissions are additional monthly costs.

Price

Owner valuation: around AED 600,000–700,000

Further Information

Remaining details after NDA.