The Entertainment business has been operating for a mere 8 months but has already proven to be profitable, with ample space for up to 40 patrons and benefiting from steady foot traffic. Providing both service and sports entertainment, it proudly features 2 branches located in different malls, each managed by a dedicated team of 9 individuals. There's room for cost reduction through staff downsizing. The business possesses assets valued at 750k, with an additional 250k paid in cash to the mall. Additionally, it is equipped with a robust MIS system for efficient cash flow tracking. With a diverse customer base ranging from ages 3 to 60, both branches are currently available for sale at an appealing price.
RFS: The owner operates multiple chain businesses in malls. The proceeds from the sale will be used to establish another business venture in a mall in a GCC Country.
BUSINESS DETAILS:
Size: 2000sqft
Established: 8 months
Yearly Rent: 620,000 AED
Monthly Revenue: 150,000 AED
Monthly Expenses: 70,000 AED
Monthly Profit: 80,000 AED
Number of Staffs: 9
Tenancy Contract: 5 years
Assets worth: 750,000 in assets and an additional 250,000 paid in cash to the mall.
Selling Price: 2,500,000 AED
FYI: Both branches are available for sale at 3.5 million, negotiable. However, if you're interested in purchasing only one branch, the price remains negotiable.
For further details & viewing, please don't hesitate to contact us!
Note: Actual photos will be shared with upon signing the NDA. This ensures the confidentiality of sensitive information and allows you to have a clear visual understanding of the facilities and surroundings.
