Seafood Restaurant Business in a Prominent Mall

Description

Established in 2021, this restaurant offers a cozy, creatively designed interior that creates an inviting and family-friendly dining atmosphere. Located inside a mall, it is known for its seafood-focused menu and mid-range pricing, appealing to families, small groups and solo diners through dine-in, takeaway and delivery services. Currently, the restaurant operates during lunch and dinner only, utilizing approximately two-thirds of its production capacity, as breakfast service is not available. With a seating capacity of 80, it serves around 15 customers daily. The business has not been profitable over the past 4 years, primarily due to its specialized seafood focused menu, which limits its appeal to a broader customer base.

A new owner could improve performance by diversifying the menu to attract a wider audience, introducing breakfast service or rebranding the concept entirely. The sale includes all business assets, valued at approximately 2.8M. These assets include MEP installations, refrigeration units, air conditioners, kitchen hoods, live cooking stations, security cameras, civil defense systems, a hot kitchen, bar, pizza station and other essential equipment.

BUSINESS DETAILS:
Year Established: Since 2021
Location: Dubai (within the mall)
Shop Size: 3700 sqft
Annual Rent: 378,000 AED
Monthly Revenue: 70,000 AED
Monthly Cost: 80,000 AED
Monthly Profit: Operating at a loss
Number of Staff: 8
Daily Customer Count: 15
Capacity: 80 seats
Tenancy Validity: Yearly(Oct 2026)
Inventory Value: 50,000 AED
Assets Value: 2,800,000 AED
Selling Price: 1,200,000 AED

RFS: The current owner is relocating to another country to start a new chapter and has decided to sell the business.

ASSETS & FEATURES :