• Restaurat for sale in Dubai

Restaurat for sale in Dubai

Al Nahda (Dubai), Dubai, UAE

99,000AED

License validity : By Our Restaurant.
What are the Opportunities for a new owner : Everything is ready for new owner.
How can the future owner improve this business? : By Hardworking
Monthly sale | Average monthly profit | Average monthly expense : .

Description

restaurat for sale 

Hi there!
I hope you are doing well.
I’ll come to the point since both of our time is very precious. I am selling my 16 YEAR OLD running restaurant, which is situated in the food court of a very famous mall. The reason behind the sale of the restaurant is that I am in need of immediate funds.
The details of the restaurant are as follows:
RENT: 50,000AED (Annual)
TRADE LICENSE EXPIRY DATE: 14/08/2022
TENANCY EXPIRY: November 2022
SEWA DEPOSIT: 10,000AED
MINISTRY OF LABOUR (MOL) DEPOSIT: 9,000AED
SECURITY DEPOSIT FOR SHOP: 5,000AED
GAS SECURITY DEPOSIT: 5,000AED
VEHICLES: 2 DELIVERY MOTORBIKES IN PRISTINE CONDITION ALONG WITH DELIVERY PERMITS.
BUSINESS BANK ACCOUNT: YES.
STAFF: 3
VISA QUOTAS: 10 AVAILABLE.
LIABILITIES: NONE
VAT REGISTERED?: YES
SALES: This fluctuates. Peak season is from November to April.
CUISINES CURRENTLY CATERED: INDIAN & INDO-CHINESE.
EQUIPMENT: ALL NECESSARY KITCHEN EQUIPMENT ARE AVAILABLE. MOST OF THE EQUIPMENT HAVE RECENTLY BEEN PURCHASED.
WHAT ARE THE ADVANTAGES OF BUYING THIS RESTAURANT?
1 – You acquire a running business from day 1.
2 – Since the restaurant is situated on the DUBAI – SHARJAH BORDER, you can tap into the high volume of traffic at the border.
3 – You do not need to obtain any approvals to run this restaurant. If you have the slightest clue about obtaining permits and approvals for a restaurant in UAE, you may know that it takes many months to get said approvals. So, you don’t need to deal with that headache.
4 – All dues are cleared.
WHAT WORK NEEDS TO BE DONE FROM YOUR SIDE IF YOU BUY THIS RESTAURANT?
1 – You need to focus more on marketing, which is time-intensive. So, if you are looking to make passive income, then this opportunity is NOT FOR YOU.
2 – You can, perhaps, focus on operating multiple online food brands from the restaurant’s kitchen. The kitchen space is aplenty to operate a variety of cuisines.
ASKING PRICE
There are TWO OPTIONS which you can utilize to acquire this restaurant:
OPTION 1 – Pay 99,000AED upfront, and pay an additional 49,000AED in installments (where the terms of installments can be agreed about later).
OPTION 2 – Pay 110,000AED upfront.
PRICE INCLUDES ALL OF THE DEPOSITS MENTIONED ABOVE.
PLEASE NOTE: THIS OPPORTUNITY IS NOT GEARED TOWARDS PASSIVE-INCOME INVESTORS. YOU WILL NEED TO GIVE IT TIME TO PAY YOU BACK HANDSOME RETURNS IN THE FORESEEABLE FUTURE. HOWEVER, I AM MORE THAN HAPPY TO GUIDE YOU IN THE RESTAURANT BUSINESS, SHOULD YOU NEED A HELPING HAND 🙂
If you do have any further questions, please ONLY REACH ME VIA WHATSAPP at to schedule a call.
Many thanks!

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Location

Al Nahda (Dubai), Dubai, UAE
Safety tips for deal
  1. Always meet face to face to finalize the deal.
  2. Transfer of Business requires to check all legal Documentation.
  3. Beware of unrealistic offers.
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