Location: Al Rigga / Gold Souq district – heart of Deira’s tourism and retail corridor Business Type: Profitable Operating Restaurant – Franchise Conversion Brand: UAE’s 40-Year Legacy Seafood & Grill Brand Licence Status: Alcohol service permitted (licensed venue, optional) Additional Upside: Tourist dining, retail footfall, late-night trade & delivery
Investment Snapshot (At a Glance)
Annual Projected Revenue: AED 4.2 Million
Net Profit Margin: ~22% (proven operating model)
Rent: Competitive and sales-aligned for the area
Status: Fully operational with immediate cash flow
Capex Status: 100% turnkey – no additional investment required
Major Capex Already Invested (Key Advantage)
Over AED 3 Million invested in full fit-out and commercial kitchen
High-grade kitchen equipment, exhaust, cold rooms, and BOH completed
Dining area, approvals, and infrastructure fully operational
Alcohol service option available under the existing licence (at investor’s discretion)
Reduced entry risk, shorter payback period, faster ROI
Why Gold Souq & Al Rigga Is a Strategic Location
The Gold Souq–Al Rigga belt is one of Dubai’s most resilient high-footfall districts, driven by year-round tourism, dense retail activity, and a strong late-night economy.
Key drivers include:
Major international tourist destination
Dense cluster of gold markets, souqs, and hotels
Strong evening and night-time trading environment
Licensed F&B demand from tourists and hotel guests
Excellent Metro and road connectivity
Footfall is non-seasonal, supporting consistent dine-in and evening trade.
Government-Led Upside & Future Growth
Ongoing Dubai Government revitalisation initiatives in Deira and the Gold Souq area include public realm upgrades, heritage tourism enhancement, and improved pedestrian infrastructure—expected to further increase visitor dwell time and F&B spend.
Built-In Demand Engine
Surrounded by tourist, mid-scale, and budget hotels
High volume of international visitors and shoppers
Demand for both licensed and non-licensed dining formats
Walk-in–driven business with limited reliance on aggregators
Proven Business – Not a Concept Bet
Operating restaurant with real financials
Immediate revenue from Day One
Franchise conversion enhances brand strength and margins
Suitable for conservative investors seeking stable yield
Why This Beats Typical F&B Investments
Not a startup
No heavy capex
Optional alcohol revenue stream
Tourism-guaranteed location
Backed by a 40-year UAE heritage brand
Government-supported district with long-term upside
Bottom Line
A rare opportunity in Dubai’s Gold Souq–Al Rigga district combining:
High tourist footfall · Licensed venue option · Proven profitability · Zero capex · Government-backed growth
— offering reliable cash flow today with flexible upside potential in one of Dubai’s most historic and commercially active locations.
