Established Seafood Restaurant In Fujairah For Sale

Property Information

Real Estate:

Lease

Lease Terms:

Turnover Rental Model: Lease payments directly linked to restaurant sales.

Flexibility: Rental costs adjust with sales, offering financial adaptability.

Profitability Alignment: Landlord and tenant share in business success.

Risk Mitigation: Decreased fixed costs during slower periods.

Performance-Driven: Encourages active tenant contribution to business growth.

Review Periods: Periodic assessments for fair adjustments.

Transparency: Financial reporting ensures equitable terms.

Negotiation Opportunities: Basis for collaborative discussions during lease renewals.

This innovative lease structure provides flexibility, risk mitigation, and a collaborative approach, aligning with the dynamic business environment of Mall, Fujairah.

Lease Rent:

AED100,000 per sq ft per annum

Location:

Fujairah is one of the seven emirates that make up the United Arab Emirates (UAE). Located on the eastern side of the UAE, Fujairah is the only emirate with coastline solely on the Gulf of Oman and the Indian Ocean, rather than the Persian Gulf. It is known for its strategic location as a major port on the Gulf of Oman and is a significant contributor to the country's trade and commerce.

Premises Details:

Situated in the vibrant Lulu Mall in Fujairah, this authentic restaurant enjoys a prime high street location within the bustling shopping complex. Lulu Mall is renowned as a diverse and dynamic hub, attracting a mix of nationalities, including locals and expatriates. The strategic positioning within the mall ensures high visibility and foot traffic, making it an ideal destination for shoppers and diners alike.

Key Location Highlights:

High Street Presence: The restaurant is prominently located on a high street within Mall, enhancing its visibility and accessibility for shoppers exploring the mall's various retail outlets.

Diverse Customer Base: Mall in Fujairah is known for its multicultural environment, drawing visitors from various backgrounds and nationalities. This diversity contributes to a broad customer base with varied preferences, offering a unique opportunity for the restaurant to cater to a wide range of tastes.

Central Hub for Shopping and Leisure: Mall is a popular destination for shopping, entertainment, and socializing. The restaurant benefits from its location in the heart of this commercial and leisure hub, ensuring a constant flow of potential customers.

Daily Footfall: With an average footfall of 12,000 visitors per day, the restaurant has the advantage of exposure to a significant number of potential customers. This foot traffic is a testament to the mall's popularity and serves as a promising prospect for the restaurant's continued success.

Cultural Blend: Given the mix of locals and expatriates frequenting Mall, the restaurant has the opportunity to create a welcoming and inclusive atmosphere, appealing to the diverse tastes and preferences of its patrons.

In conclusion, the restaurant's location within Mall in Fujairah provides a prime setting for attracting a diverse and substantial customer base. The high footfall, multicultural environment, and central position within the mall make it an ideal investment opportunity for those seeking a thriving business in a dynamic commercial landscape.

Size in square feet:

4,000

Business Operation

Expansion Potential:

Menu Diversification: Introduce new and diverse culinary offerings to attract a wider audience. Consider incorporating trending or culturally diverse dishes to cater to the varied tastes of the multicultural customer base in Mall.

Extended Operating Hours: Explore the potential of extending operating hours, especially during peak shopping times or special events. This can help capture additional foot traffic and increase revenue.

Catering Services: Leverage the established kitchen and skilled staff to offer catering services for events, parties, and corporate functions. This opens up a new revenue stream and increases brand visibility beyond the confines of the mall.

Online Ordering and Delivery: Tap into the growing trend of online food ordering and delivery services. Develop a user-friendly online platform or partner with popular delivery services to reach customers who prefer the convenience of dining at home.

Marketing and Promotions: Implement targeted marketing campaigns and promotions to attract new customers and retain existing ones. Loyalty programs, special discounts, and promotional events can create buzz and drive traffic to the restaurant.

Collaborations and Partnerships: Explore collaborations with other businesses within Mall or in the surrounding area. Partnering with neighboring establishments for joint promotions or cross-marketing initiatives can expand the restaurant's reach.

Terrace Events: Utilize the terrace space for special events, themed nights, or live entertainment. Creating a vibrant and entertaining atmosphere can attract more customers and turn the restaurant into a destination for social gatherings.

Franchise Opportunities: If the business model and brand have proven successful, consider franchising the restaurant to replicate the concept in other locations within Fujairah or beyond.

Customer Feedback and Innovation: Actively seek customer feedback to identify areas for improvement and innovation. Introduce menu changes, decor updates, or service enhancements based on customer preferences and emerging trends.

Community Engagement: Build a strong presence within the local community by sponsoring events, collaborating with schools or local organizations, and participating in community initiatives. This can enhance the restaurant's reputation and foster customer loyalty.

By exploring these expansion opportunities, the restaurant can not only solidify its position within Mall but also thrive in the dynamic culinary landscape of Fujairah. The key lies in strategic planning, adaptability to market trends, and a commitment to providing an exceptional dining experience for customers.

Reasons for selling:

For streamlining the operations

Trading hours:

11 am to 1130 PM

Employees:

15

Years established:

4

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

5% franchise fee on sales

Other Information

Support & training:

upport and Training for Prospective Buyer:

Transition Assistance: Provide comprehensive assistance during the transition period to ensure a smooth handover. This includes facilitating the transfer of licenses, permits, and agreements necessary for the operation of the restaurant.

Operational Training: Offer training sessions for the prospective buyer and their staff on the day-to-day operations of the restaurant. This may include kitchen operations, service standards, inventory management, and customer service protocols.

Recipes and Menu Training: Share detailed recipes and menu insights to maintain the authenticity and quality of the restaurant's offerings. This ensures continuity in delivering the unique culinary experience that has contributed to the restaurant's success.

Staff Retention Strategies: Provide guidance on staff retention strategies to ensure that key personnel remain with the business during the transition. This may involve introducing the new owner to the existing staff and emphasizing the value of their contributions.

Vendor Relationships: Share information about existing vendor relationships, including suppliers for ingredients and other essential items. This helps the new owner maintain continuity in the supply chain and potentially negotiate favorable terms.

Marketing and Branding Support: Offer insights into the restaurant's marketing strategies, branding initiatives, and successful promotional activities. Provide any existing marketing collateral and guidelines to assist the new owner in maintaining a consistent brand image.

Financial Guidance: Share financial records and provide insights into the restaurant's financial performance. This includes assistance in understanding the current accounting systems, sales tracking, and any relevant financial management tools.

Customer Relationship Management: Provide information on customer databases, loyalty programs, and customer engagement strategies. This helps the new owner continue building and nurturing relationships with the existing customer base.

Technology and Point-of-Sale Systems: Familiarize the prospective buyer with the restaurant's technology infrastructure, including point-of-sale systems and other relevant software. Offer training to ensure a seamless transition in managing orders, payments, and other technological aspects of the business.

Legal and Regulatory Compliance: Assist the buyer in understanding and navigating local regulations, health and safety standards, and compliance requirements. Provide documentation and support to ensure the restaurant continues to operate within legal parameters.

By offering comprehensive support and training, the prospective buyer can step into the business with confidence, armed with the knowledge and resources needed to continue the restaurant's success in Lulu Mall, Fujairah. This collaborative approach contributes to a successful transition and sets the foundation for the new owner's continued growth and prosperity.

Furniture / Fixtures value:

AED1,300,000

Inventory / Stock value:

AED70,000

Home based:

This business can be run from home.

Relocatable:

This business can be relocated.