Profitable Coffee Gourmet At Prime Location For Sale

Description

Restaurant serving Mediterranean food and specialty coffee.

Background

Operating since: November 2024

Premises

• Area: approximately 2,176 sq ft
• Seating capacity: 50
• Free parking
• Annual rent: AED 320,000
• Lease renewal period: September

Concept

• Mediterranean cuisine
• Specialty coffee

Team

Total staff: 8

• Monthly payroll: approximately AED 22,000
• Visa cost stated: approximately AED 5,000 per employee
• Visa costs reported as paid

Operating Costs

Utilities: approximately AED 3,100–6,700 per month, depending on season

Financials

• First-year revenue: approximately AED 1,100,000
• Profit details available after NDA

Setup and Equipment

• Total startup setup stated: approximately AED 1,200,000
• Furniture and fixtures value stated: approximately AED 1,200,000
• Equipment: approximately AED 250,000–300,000
• Equipment amount forms part of the stated startup setup
• Licence cost stated: approximately AED 8,000–9,000

Asking Price

Price: AED 590,000

Further Information

Detailed financials after NDA.