Unique opportunity for direct investors only please. Running successful family style branded beach club with 40,000sqft freehold for sale includes: bars, restaurant, terraces, palm tree swimming pool, water sports area, kitchens and private use of 27,000sqft beach, retail shops (100% rented). Beach Club & facilities are fully equipped & maintained, fully furnished and in a very busy prime location. premises are Licensed.
- Asking Price:
- AED79,000,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
Includes leased staff apartments off-site
- Location:
-
Palm Jumeirah Dubai
- Premises Details:
-
Consists of 40,000 sqft of built up area includes restaurant, bars (indoor & out), retail shops, banqueting dining terrace, water sports area, large decking with bar seating, kids play area, washrooms changing rooms & showers, plus 27,000sqft of private beach access (beach is leased at nominal rent). Additional 100,000sqft approx of basement car parks for 100+ cars.
- Size in square feet:
- 40,000sqft sellable
Business Operation
- Expansion Potential:
-
potential to build on huge terrace will add to seating capacity for outside dining and bar.
- Competition / Market:
-
There is no competition whatsoever for freehold family beach clubs although there are other Palm beach clubs eg. West Beach but they are leased and are not family types.
- Reasons for selling:
-
Not a core business for the owner being a global hotel owner
- Trading hours:
-
9am -1am
- Employees:
- 27 approx
- Years established:
- 9+
Other Information
- Support & training:
-
Yes provided by branded operator
- Furniture / Fixtures value:
- AED15,000,000 - included in the asking price
- Inventory / Stock value:
- AED5,000,000 - included in the asking price
