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UNDER OFFER
Fine Dining Restaurant by Renown Chef with Alcohol and Shisha License

Fine Dining Restaurant by Renown Chef with Alcohol and Shisha License

  • BXB Listing ID :

    13942
  • Type :

    Raise Capital
  • Business Type:

    Startup
  • Business Name:

    Fine Dining Restaurant by Renown Chef with Alcohol and Shisha License
  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Other/Not Disclosed
  • Asking Price:

    4,500,000 AED
  • Projected revenue for next year:

    27,600,000 AED AED
  • No of Employees:

    30
  • Year Established:

    2021
  • Trade Licence:

    Mainland
  • Size of Premises (sq ft):

    7,600 sq ft

Business Overview

Investor needed for a new prime restaurant and lounge in a premium location. 50% share for sale for 4,500,000 AED.
The restaurant will be serving Anatolian cuisine with a fine dining angle. This is a 2 storey restaurant with alcohol bar and shisha lounge. Total size - 7,600 sq ft. Current business valuation of 13,000,000 AED.
The owners are operating another award-winning restaurant in Dubai with an impressive annual revenue. They are expanding their footprint and opening a new venue under a new concept in a high-end location with promising financial returns.
The projected revenue for year 1 of operations is 27,600,000 AED. The profit margin will be between 29% and 34.8%.



Please click on thumbnail to view Teaser

In the first three years of operations, the restaurant is aiming to achieve 90M+ in revenue.

*Prime sought-after location next to one of the top attractions in Dubai. *Shisha and alcohol-serving venue, very popular cuisine. Fine Dining concept. *Renown chef with very successful well established concept *Luxury fit-out and furnishing. *Experienced management with successful restaurants running in Dubai. *Very promising financial projection.

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