Turnkey Restaurant In JLT For Sale

Description

Restaurant in Jumeirah Lake Towers, Dubai.

Background

Operating since: 2013

Premises

• Area: approximately 807 sq ft
• Indoor seating
• Outdoor patio seating

Kitchen

• Commercial kitchen
• Gas system
• Exhaust system
• Civil Defence approval stated

Team

Total staff: 4

• 2 employees on company visas
• 2 employees on NOC

Licensing

Trade licence: recently renewed

Sales

• Historical daily sales: approximately AED 2,000+
• Current daily sales: approximately AED 1,500–1,800+

Lease

Annual rent: AED 110,000

Liabilities

• Historical debts: none reported
• Supplier liabilities: none reported

Growth Areas

• Delivery sales
• Virtual kitchen use
• Additional food brands

Reason for Sale

Reason: owner relocation.

Asking Price

Price: AED 225,000

Brokerage

Buyer commission: AED 20,000