For Sale: Egyptian Restaurant in Al Nuaimiya 3, Aj

For Sale: Egyptian Restaurant in Al Nuaimiya 3, Ajman, due to lack of time to manage the business.

A great investment opportunity to own an established Egyptian restaurant in a prime location in Al Nuaimiya 3, Ajman. The restaurant has an indoor area of 1,185 square feet and an outdoor area of 430 square feet, providing suitable space for welcoming customers and serving a variety of Egyptian dishes.

The annual rent is AED 70,000, payable in 4 installments. The trade license is valid until May 2027, while the tenancy contract expired in July and requires renewal.

The restaurant has 6 employees registered under the trade license, with total monthly salaries of AED 27,000. The total monthly expenses, including all costs, are approximately AED 37,000. The average monthly revenue is AED 180,000.

The restaurant is offered for sale due to lack of time to manage the business. The asking price is AED 280,000.

An excellent opportunity for serious investors looking to own an established Egyptian restaurant in Al Nuaimiya 3, Ajman, and continue operating an existing business with a good monthly revenue. For further details and inquiries, please get in touch.