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Listing ID: 3229143

Going Very Low Price Newly Renovated Central AC Kitchen with Restaurant in Al Quoz 3. For Sale

Al Quoz Industrial Area - 3, Dubai, United Arab Emirates

AED 350,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: AED 100k to 250k

Cash Flow: AED 100k to 250k

Business Description

Key Features:
* A well-known restaurant cum fully equipped HACCP certified Central Kitchen at a prime location in Al Quoz available for sale. Available with both Trade Licence and complete team.
* Located at a prime location for attracting walk-in customers. Facing main road with a wide visibility.
* One of the very few locations in Al Quoz having Restaurant with Central Kitchen to cater to both the retail customers as well as Large Scale Catering Operations. Capacity to produce up to 2,500 meals a day.
* Kitchen has been recently renovated to Central Air Conditioning to save on electricity costs.
* One of the few catering companies duly approved by Dubai Municipality for undertaking School Cash Canteen Catering.
* Ample Parking Space for the restaurant customers.

Location:
Located in the heart of Al Quoz Industrial Area – 3 on the main road.

Cuisine:
North Indian, South Indian, Pakistani, Chinese, Italian, Filipino, Arabic.

Layout:
The layout of the Kitchen is widely spread for smooth operations and staff movement. Total area of the space is up to 3,000 sq. feet which is nicely spread as per details below:

• Kitchen:
o L shaped freely moving large Central Kitchen spread over an area up to 1,000 sq. feet. Includes below:
 Curries and Bulk Cooking Preparation Area.
 Tandoor Area.
 Juice & Sandwich Area.
 Packing Area.
 Walk-in-storage Area.
 Ample space including Ban Marie/Chillers/Freezers/Blast Chiller/Hot Cabinet/Steel Tables etc.
 1 large Pot Wash Area. 3 General Washing Areas.
 Separate cutting areas for Veg/Chicken/Meat/Fish as per Dubai Municipality requirements.
• Restaurant:
o Large Restaurant area spread over 700 sq. feet with seating capacity of 44.
o Attached 2 washrooms – Gents as well as Ladies.
o Entry from Main Road with wide view.
o Separate entrance to Kitchen & store area.
• Storage:
o 1 large Dry Store
o 1 large Packing Material Store
o 2 large Catering Equipment cum General stores.
• Office:
o 1 fully furnished large Cabin for Owner/Manager.

Assets:
The Kitchen, Restaurant, Office is fully equipped. The details of majority of the assets is as below. Approximate value of all the assets shall be upto AED 700,000 (on run down basis).

• Kitchen:
o Fully Equipped Central Hood System A & B
o 2 Tandoors (One Gas & One Coal)
o Four Burner Range
o 2 Two Burner Range
o Chinese Food Range
o 2 Irani Battis
o 2 Industrial Large Gas Tawas
o 2 Ban Maries
o 3 Upright Double Door Chillers
o 3 Upright Single Door Chillers
o 3 Table Top Chillers
o 2 Upright Double Door Freezers
o 2 Deep Freezers
o Blast Chiller
o Hot Cabinet
o Salad Chiller
o Double Frier
o Lamination Packing Machine
o Rationale Oven with Stand
o Dough Making Machine
o Vaccum Packing Machine
o Fully Automatic Dish Washer
o Big Pot Wash Tank
o Dosa Dough Making Machine
o 7 Double/Single Sinks
o Ice Making Machine
o 8 Large Steel Tables
• Catering:
o 8 Cambro Boxes
o 10 Complete Buffet Set.
o Crockery Set for catering of 100 gathering.
o 8 offsite Catering Tables with a seating of 4 each. 50 Wooden Chairs with Cushion back.
o Cashier Desk.
• Office:
o Executive L shaped Chairman desk and chairs.
o Double Door Cupboard.
o CCTV set up with 8 running cameras. 8 more cameras can be set up.
• Logistics:
o Owned Company Chiller Van.
o Leased 3 Motorbikes (brand new – very nominal rental on market terms)
• Miscellaneous:
o Weighing Machines, Food Grade Pallets for storage, 15 Industrial Food Grade Steel Shelves, Cash Counting Machine, Coins Sorting Machine, Trolleys, Insect Killers, Water Dispensers, Hand Wash Sinks, Food Grade Steel Wall Shelves, variety of Kitchen Utensils etc.

Staffs:
• 22 Full Time staffs on board (with valid visas already stamped). Visa cost to the tune of AED 180,000 already spent. Pro Rate maturity amount currently shall be up to AED 100,000. Further, bank guarantee available of AED 24,000 of old staffs.
• Break up of staffs as below:
o 1 Manager Operations
o 4 Main Chefs
o 4 Assistant Chefs
o 4 Waitresses
o 4 Helpers
o 4 Bikers
o 1 Van Driver

Rent:
• Rent of Restaurant cum Kitchen is AED 150,000 p.a. Payable in 3 cheques (can be made 4 in consultation with the landlord)
• Staff Accommodation Rent of AED 89,100 payable in 4 cheques. Place for 18 staffs.

Cash Flows:
• Monthly cash flows to the tune of AED 200,000 – AED 225,000
• Restaurant sale of AED 1,500 approx. Expected to go upto AED 2,000 within 2 months.
• 2 School Cash Canteens with average business of AED 3,000 a day. Cash Collection is done every day.
• 100+ monthly Tiffins with cash flows collection of AED 32,000 a month. Basic Tiffin with good margins.
• Corporate Orders in hand with reputed names in the market. Details shall be shared upon enquiry only. Approximate cash flows of AED 80,000 – AED 85,000 a month.
• Running hot enquiry with a large institute going on. Approximate cash flows of AED 80,000 a month expected in a couple of months.

Goodwill:
The brand has been established well in the vicinity of Al Quoz as well as beyond. Lots of sales efforts have been put to market the brand and results have started to pour in. Goodwill of the brand can be capitalized very well with streamlined efforts and maintaining the service standards.

Valuation:
Based on the above estimates, the valuation of the Kitchen is estimated to be AED 950,000 which is the expected sale price.

Property Details

Size:

3,000 sq. feet

Years Established:

2

Property Type:

Lease

Other Details

Business Location:

Located in the heart of Al Quoz Industrial Area – 3 on the main road. Restaurant Entrance is from the main road with wide visibility and ample of Parking Space. Located on the signal with cars stopping over on red light from 3 directions having a long view of the restaurant cum catering company.

Premise Details:

The layout of the Kitchen is widely spread for smooth operations and staff movement. Total area of the space is up to 3,000 sq. feet which is nicely spread as per details below: Kitchen: 1. L shaped freely moving large Central Kitchen spread over an area up to 1,000 sq. feet. Includes below: a) Curries and Bulk Cooking Preparation Area. b) Tandoor Area. c) Juice & Sandwich Area. d) Packing Area. e) Walk-in-storage Area. f) Ample space including Ban Marie/Chillers/Freezers/Blast Chiller/Hot Cabinet/Steel Tables etc. g) 1 large Pot Wash Area. 3 General Washing Areas. h) Separate cutting areas for Veg/Chicken/Meat/Fish as per Dubai Municipality requirements. Restaurant: 1. Large Restaurant area spread over 700 sq. feet with seating capacity of 44. 2. Attached 2 washrooms – Gents as well as Ladies. 3. Entry from Main Road with wide view. 4. Separate entrance to Kitchen & store area. Storage: 1. One large Dry Store 2. Two large Packing Material Store 3. Two large Catering Equipment cum General stores. Office: 1. One fully furnished large Cabin for Owner/Manager.

Competition:

The area is having very few restaurants in the nearby vicinity. While there are other restaurants, they are purely into South Indian food with minimal exposure to North Indian cuisine. Further, the quality of food is of no match as is the direct feed back from the restaurant clients. Further, there is a Central Kitchen which gives an upper edge for bulk cooking as well as undertaking large scale catering contracts. To add more, this is one of the very few kitchens having School Catering Permit as well, which allows to undertake School Cash Canteens as well. So competition is very limited.

Expansion Potential:

Restaurant has a huge potential to give excellent cash flows with dedicated team. The menu of the restaurant has been recently modified to cater to the densely populated labor community. Monthly Tiffins service is a huge success where our restaurant is known to provide excellent food quality. Currently 100+ tiffins are running. The potential to grow the tiffins is huge (minimum upto 250 tiffins is the capacity) Bulk Catering as always has a huge scope. While there are plenty of jobs going on in terms of food supply to mid to large corporates, there is still huge scope to grow that. As informed earlier, the Kitchen has a capacity to produce > 2,500 meals. So potential is huge Further, while only 2 School Canteens are running, there is a huge potential to grow the numbers to minimum 5. School Cash Canteen is a very lucrative business which generates cash every day, like restaurant.

Living Accommodation?

Yes
Accommodation is available for 18 staffs. It is within 1 km from the Kitchen which is on a walking distance. So there is no transportation expense for the staffs. Accommodation rent is quite reasonable with drop in rents. Per person cost on accommodation is 400 Dhs only, all inclusive (DEWA, WIFI).

Operation Details

Employees:

20

Trading Hours:

24 Hours

Miscellaneous

Reason For Selling:

The owner is also employed in a senior job. Time Management is getting difficult to manage both the business as well as job. Hence he is looking to move out of one.

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