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Profitable Cafe Restaurant Village Harbour AED3M neg For Sale

Umm Suquim harbour, Dubai, UAE
Asking Price:
AED3,000,000
Sales Revenue:
AED3,200,000
Cash Flow:
AED500K - AED2.5M

Fantastic opportunity to acquire this super profitable village cafe restaurant right in the middle of a famous busy harbour Umm Suquim. Plus a beach is opening there soon to be a busier destination and is a mecca for jet ski enthusiasts at the village harbour. .

Outdoor and indoor seating and a great atmosphere. owner is retiring.
Revenue Aed3.2M. Net profits Aed500k-1M pa

Property Information

Real Estate:

Lease

Lease Terms:

3 years renewable

Leasehold Rent:

AED250,000 per annum

Location:

Umm Suquim Harbour

Premises Details:

3500sqft indoor 7 outdoor eatery cafe & resto

Size in square feet:
3,500

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Nearby beach

Competition / Market:

Very low

Reasons for selling:

Retiring

Trading hours:

10-10

Employees:
12
Years established:
5

Other Information

Furniture / Fixtures value:
AED700,000
Inventory / Stock value:
AED150,000
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