Renovated Restaurant With Growth Potential In JLT, Dubai For Sale

Description

Established Restaurant for Sale in JLT | Fully Renovated | Turnkey Operation with Strong Brand PresenceBusiness OverviewA well-established restaurant with a strong brand presence is available for acquisition. The business has been operating for four years under previous Greek ownership and is currently managed by a designated manager. It is located in JLT, a high-density mixed-use area with both residential and office communities, ensuring consistent weekly footfall. The current owner is unable to oversee operations due to other commitments, creating a turnkey opportunity for a buyer seeking an immediately operational business with ongoing revenue.Operational DetailsThe restaurant occupies a total area of 1,265 sq. ft., featuring both indoor and outdoor seating. The indoor dining area accommodates 24 guests, while the outdoor terrace provides seating for an additional 15 guests, creating a balanced and comfortable dine-in environment.The premises have undergone a major renovation investment of approximately AED 1 million, including upgraded interiors, improved operational systems, and a fully compliant commercial kitchen, resulting in a modern and efficient setup.The business is operated by a team of six staff members, including three cooks, one waiter, and supporting personnel. The total monthly salary cost is approximately AED 18,000. The team is experienced and capable of managing day-to-day operations under supervision.Financial OverviewMonthly revenue averages around AED 150,000, with a net profit of approximately AED 7,000 after expenses. The business is currently operating near breakeven due to high food costs of around 39 percent and online platform fees of approximately AED 24,000 per month. Despite this, the restaurant maintains a solid operational foundation with significant potential for optimization through cost control, menu engineering, and improved marketing strategies.The annual rent is AED 266,000, equivalent to AED 22,000 per month, and is negotiable with the landlord.Investment PotentialThe restaurant offers a fully renovated setup, established brand value, and a prime JLT location. It represents a strong opportunity for investors or owner-operators seeking a turnkey business with clear upside potential and room for operational improvement.ConfidentialityFurther details will be provided upon signing of an NDA.