AED 1,400,000 /year
Business For Sale: Operational 22K sqft Restaurant
What started as a modest 4,000 sq. ft. space has flourished into an impressive 22,000 sq. ft. establishment, thanks to a remarkable AED 28 million investment in world-class renovations. Despite its significant upgrades, the restaurant maintains a favorable annual rent of AED 1.4 million, secured until October 2028. Conveniently located with valet parking and seamless access, it has become a favorite destination for both locals and tourists.
A Lucrative Investment Opportunity
This thriving business offers a promising return on investment within just five years, generating a monthly net income of AED 600,000 to AED 700,000. Priced at AED 28 million, the business is fully operational and includes its complete setup. For GCC nationals, there’s an exclusive option to purchase the real estate for AED 30 million.
Adding to its allure is the possession of a rare shisha license, a privilege no longer granted by Dubai Municipality in the prestigious Jumeirah and Al Wasl areas.
Key Details:
Total Area: 22,000 sq. ft.
Annual Rent: AED 1,400,000 (4 cheques)
Fully Equipped: Kitchen, traditional furniture, and staff accommodations.
Price for Business: AED 28 million
Optional Real Estate Purchase: AED 30 million
Net Monthly Income: AED 600,000
Viewing Information
Please note that provided pictures are not actual, ensuring business confidentiality. Personal visits are encouraged for a comprehensive viewing experience. Prospective buyers are required to sign a Non-Disclosure Agreement (NDA) to maintain discretion, as employees and customers are unaware of the sale.
About Umm Suqeim 1
Located between Jumeirah 3 and Umm Suqeim 2, this vibrant sub-community is known for its mix of old and new homes, proximity to Sheikh Zayed Road, and attractions like Kite Beach and the Jumeirah Fish Market.
At Blackstone Gulf Real Estate, we’re more than a service; we’re partners in maximizing your property investments. Call or WhatsApp Miss Sabele Buraik at +971 52 628 2552 / +971 4 554 0535 for further details and viewing. Your success is our vision!
Property details
Property Type
Shop
Property Size
22,000 sqft / 2,044 sqm
Available from
27 Oct 2024
Location
Provided by
BLACKSTONE GULF REAL ESTATE BROKER L.L.C
See all properties (94)Response time
within 30 minutes
Experience
28 years
Closed Deals
3
Languages
English, Arabic
Regulatory information
Regulatory information
Reference
blackstone-7476731
Listed
more than 6 months ago
Broker License
1961
Zone name
Um Suqaim First
DLD Permit Number:
70125811146
Agent License
34256
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