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Fully Operational & Running Restaurant in Sharjah for Sale

Fully Operational & Running Restaurant in Sharjah for Sale

  • Listing ID :

    2345
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Sharjah
  • Area:

    Al Majaz
  • Asking Price:

    525,000 AED
  • Projected gross income for next year:

    1,000,000 AED
  • No Of Employee:

    12
  • Year Established:

    2011
  • Annual Turnover:

    950,000 AED
  • Annual Net Profit:

    250,000 AED
  • Business Licence:

    Mainland
  • Trading Hours:

    8AM - 12 Midnight
  • Real Estate:

    Leased by the Business
  • Lease Terms:

    Annual
  • Leasehold Rent:

    80,000 AED
  • Size of Premises:

    1,000 sq ft
  • Premise details:

    Glass Windows, Main Street Facing
  • Facilities:

    A/C, Glass Windows, Gas, A/C, Electricity, Water, Toilet, Fully Equipped Kitchen.
  • Information on staff:

    12 Employees
  • Information on transition to new owner:

    Immediate Transition to New Owner

Business Overview

For Sale a popular fully operation restaurant in Al Majaz -3 area in Sharjah. Located in a prime location on Corniche Buhaira, in an area of Residential Buildings, Office Towers, Government Establishments & Hotels which ensures throughout the day business from all these different customers and limited to non-competition for menu offering. Restaurant is open since 2011 and has been fully renovated in 2018 with very attractive and bold new signboard, beautiful interiors and new kitchen equipment. The buyer can start the shop from day one and save time from time consuming approvals and clearances.

Hardly Any to None Competition on Menu Offerings. Great prospects for expanding outside seating area facing Al-Qasba Channel.

• Arabic & International Cuisine (American, Italian & European) • Well known, Self-Running & Excellently Tuned Setup with Potential to Expand Outside Seating Area • Zero Liabilities on Business • Energy Saving Lighting & Equipment Installed • Approved & Certified Restaurant by Sharjah Municipality (Certificate Available) • Very high potential on Delivery, Catering and Annual Contracts with Schools, etc. • Annual Rent: AED 80,000 (paid till April 2019) • License: Comprehensive Valid Restaurant License (Valid until June 2019) • Size: 1,000 square feet • Equipment: Fully equipped restaurant (all equipment is brand new – under warranty) • Motorcycle: Available – brand new (purchased October 2018) • Employees: 12 (Experienced Chefs/Waitresses/Drivers) • Staff Accommodation: Available (rental paid till March 2019)

DISCLAIMER

This Listing has been produced by a User of our Site and, in accordance with our Terms and Conditions and Marketplace Policy, we are not responsible for the content of the Listing or any information or materials referenced in the Listing. You should undertake your own due diligence in respect of the contents of the Listing and any queries should be directed directly to the Seller using the contact form set out above.

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