Restaurant With Unbeatable And Prime Location For Sale

Description

Mediterranean restaurant and specialty coffee concept. Operating since November 2024.

Premises

Area: approximately 2,176 sq ft

Seating capacity: 50

Free parking is available.

Rent

Rent: AED 320,000

Contract renewal: September

Concept

• Mediterranean cuisine
• Specialty coffee

Team

Current staff: 8

Monthly payroll: AED 22,000

Visa cost: approximately AED 5,000 per employee

Current staff visa costs are paid.

Utilities

DEWA and utilities: approximately AED 3,100–6,700 depending on season

Setup

Reported total startup cost: approximately AED 1.2 million

Equipment value within setup cost: approximately AED 250,000–300,000

Licence cost: approximately AED 8,000–9,000

Financials

First-year revenue: approximately AED 1.1 million

Asking Price

Price: AED 590,000

Further Information

• Profit information
• Exact location

Access after NDA.