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Lounge In A 5 Star Hotel In Dubai! For Sale

Dubai, UAE
Asking Price:
Over AED5M
Sales Revenue:
AED1M - AED5M
Cash Flow:
Undisclosed

Established three years ago, the business has flourished with three distinct areas offering unique experiences and services: the bar area, lounge area, and dinner area. The lounge caters to diverse guest needs, from private parties to corporate events, featuring advanced light and sound technology, separated LED screen displays, and panoramic windows showcasing breathtaking city views.

With a seating capacity of over 100 people, the restaurant accommodates weddings, birthdays, and various events, equipped with a theatre stage and advanced tech for presentations. It serves as the premier destination for patrons seeking to dine and enjoy nightlife in one place, offering a smooth transition from restaurant to bar. With consistently high revenue, the business continues to thrive. On average, the establishment welcomes between 70 to 80 guests per day, with numbers fluctuating depending on the season and specific activities, the minimum spend per person ranges from 350 to 500. And during peak times, such as special events or bustling seasons, the guest count can reach up to 120.

BUSINESS DETAILS:
Size: 10,700sqft
Established: 3 years
Location: 5 Star Hotel
Yearly Rent: 2,600,000 AED
Monthly Revenue: 800,000-1,000,000AED
Monthly Cost: 650,000 AED
Monthly Profit: 250,000-350,000 AED
Tenancy Validity: 5 years
Number of Staffs: 40
Capacity: The bar area can accommodate up to 80 people for both standing and seating arrangements. The stage area has a capacity of 150 people for both sitting and standing. As for the club area, it is designed to accommodate both seating and standing arrangements.

NOTE: Open to investors interested in having a share of ownership in the business. The available options are:
5M for 100% ownership
3M for 50% ownership

Selling Price: 14,000,000 AED

For further details & viewing please contact us!

Property Information

Real Estate:

Lease