The bakery, with 5 years story in a busy tourist area of Dubai, searches for a new owner. The attractiveness of this business is an advantageous location, outstanding décor, large terrace with a royal view, indoor venue of children’s play area, parking.
Location: Dubai Marina
The modern and most impressive buildings and attractions are situated in Dubai Marina, where visitors are greeted by an elegant luxury, impeccable comfort and the landscapes of the most beautiful seaside of Emirate. There are always a lot of tourists and residents with a high social status and salary.
Rent: The tenancy contract is valid till 1 January, 2023. Terms of the renewal of lease according to Rera Rules “Renewable after Expiry of tenancy period”
Staff: 7 employees: 1 manager, 3 chefs, 2 waiters, 1 driver.
License: is valid till 02 March 2018
Revenue: AED 456 000 ($125 000) annually
Net-profit: AED 220 000 ($60 100) annually
Marginality of the business is 48%
Asking price: AED 1 100 000 ($ 300 500)
This price includes:
- fully equipped cafe;
- license to operate;
- qualified staff;
- an advantageous location with high people-flow;
- legal support of the deal and guarantee of full safe execution.