Restaurant With Unbeatable And Prime Location For Sale

Description

If you are seeking an established restaurant with enduring potential, one that can serve as a cornerstone of long-term success and a strong addition to an investment portfolio, this opportunity is positioned for discerning investors entering the market. While current profitability remains modest, the location presents significant growth potential and strong future upside.Asking Price: AED 590,000Concept: Mediterranean cuisine and specialty coffee combinationOperational Since: November 2024Free Parking: AvailableRent: AED 320,000Contract Renewal Period: SeptemberShop Size: 2,176 sq. ft.Seating Capacity: 50 PAXInvestment Cost Breakdown:Furniture: Total startup cost AED 1.2MFixtures: Total startup cost AED 1.2MEquipment: Approximately AED 250,000-300,000 (included in total setup cost)License Cost: AED 8,000-9,000Operations:Number of Employees: 8Total Salary: AED 22,000Visa Cost: Approximately AED 5,000 per staff (fully paid)DEWA and Utilities: AED 3,100-6,700 depending on seasonFinancials:Revenue: AED 1.1 million in the first yearProfit and detailed location information: provided upon signing NDA