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Renovated Restaurant With Growth Potential In JLT, Dubai For Sale

Dubai, UAE
Asking Price:
AED350,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

A well established restaurant with a strong brand presence is available for sale, operating for four years under previous Greek ownership and currently managed by Manager . The business is located in JLT, surrounded by a high density mix of residents and offices, ensuring steady footfall throughout the week. The owner is unable to manage the operations due to other commitments, making this a ready opportunity for a buyer seeking a fully operational setup with immediate revenue.

The restaurant occupies a total area of 1265 sq.ft with both indoor and outdoor seating. The indoor dining area accommodates 24 guests, while the outdoor terrace seats an additional 15 guests, offering a comfortable and attractive setup for dine in customers. The space has undergone a major renovation costing nearly AED 1 million, including new interiors, upgraded systems, and a fully compliant kitchen, ensuring a modern and efficient operational environment.

The business is supported by a team of six staff members, including three cooks, one waiter, and additional support staff, with a total monthly salary cost of AED 18,000. The team is experienced and capable of running day to day operations smoothly under managerial supervision.

Monthly revenue averages around AED 150,000, with a net profit of approximately AED 7,000 after expenses. The restaurant is currently operating at breakeven due to high food costs at 39% and online platform fees of around AED 24,000, but it maintains a strong foundation with clear potential for optimization. Annual profit is estimated at AED 100,000, with significant upside achievable through cost control, menu engineering, and improved marketing. The rent is (per year 266k) AED 22,000 per month and is negotiable with the landlord.

This business offers a fully renovated setup, established brand value, and a prime JLT location, making it ideal for investors or owner operators seeking a turnkey restaurant with strong potential for growth.

More details will be provided after signing the NDA.

Property Information

Real Estate:

Lease

Leasehold Rent:

AED266,000 per annum

Location:

JLT, Dubai

Size in square feet:
1,265

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Owner cannot manage the business due to lack of time and other commitments.

Employees:
5
Years established:
03-Feb-2022