l-b-ae-172
Award-Winning Licensed Restaurant & Bar in JLT Dubai
Asian RestaurantsBusiness
Dubai, Dubai, United Arab EmiratesEst. 202315 people
Asking price
AED 6,000,000AED
- Revenue
- AED 458K/mo
- Profit
- -AED 100K/mo
- Multiple
- —
Overview
Award-winning premium restaurant in Jumeirah Lakes Towers, fully licensed for alcohol and shisha with 7,200 sq. ft. of indoor and terrace seating. Generating AED 5.5M annual revenue with 32 experienced staff — a complete F&B destination.
Products & services
Premium dining restaurant offering a refined menu with full bar and shisha service. Revenue streams include dine-in food sales, beverage and alcohol sales, shisha service, and outdoor terrace dining. The 7,202 sq. ft. venue operates as a complete F&B destination with both indoor and outdoor seating, catering to Dubai's upscale dining market. Fully licensed for alcohol and shisha — a significant differentiator in Dubai's competitive restaurant landscape.
Customers & market
Attracts a loyal, high-end clientele in Dubai's competitive dining scene. The restaurant has built strong customer loyalty and received multiple industry awards for culinary excellence. Located in Jumeirah Lakes Towers, a popular residential and commercial area with significant foot traffic and a concentration of affluent professionals. Market positioning as a premium dining destination with full alcohol and shisha licensing sets it apart from competitors in the area.
Operations & team
Founded in January 2023, the restaurant employs 32 experienced staff with total monthly salaries of AED 89,500. Annual rent of AED 2,000,878 covers the main premises and DMCC terrace. The business operates under an established premium brand with full alcohol and shisha licenses. The main partner is exiting the business, presenting a clean handover opportunity for a new operator to take over an established, award-winning operation with all licenses and staff in place.
Growth opportunities
Current operational loss presents a turnaround opportunity for an experienced F&B operator. Key levers: optimise cost structure (current expenses of AED 6.7M against AED 5.5M revenue), revise menu pricing strategy, enhance digital marketing and delivery channels, and leverage the premium brand and valuable alcohol/shisha licenses. One full year of rent is included in the asking price, providing runway for the new owner to implement operational improvements. The AED 5.9M in net assets (fitout, equipment, licenses) offers strong underlying asset value.