2 Storey Lounge and Rooftop Bar in Rare Prime Location with Spec

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2 Storey Lounge and Rooftop Bar in Rare Prime Location with Spectacular Views

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Listing ID

R-H1-N6

Asking Price

AED 12,000,000

Investment only

Any Ongoing Major Lawsuit or Regulatory Issue

License Type

Mainland

Sector & Subsector

Food & Beverage: Restaurants

Year Established

2013

Number of Employees

Business Attributes

Audited Financials Available

Business Overview

*Rare opportunity to take over a lounge bar in a prime Dubai location set over 2 floors. *One floor is a vibrant lounge dedicated to DJs and late-night entertainment and the second is a rooftop bar with unparalleled panoramic city and waterfront views. *Award-winning architecture *Venue holds both alcohol and shisha licenses *Open seven days a week and valet parking is available for convenience. *Seating capacity of 300+ across both floors, the venue is well-equipped to host a wide range of special events- from weddings and private parties to corporate functions. *Iconic views from every position in the lounge and rooftop *Located in a very popular, high footfall area surrounded by residential communities. *Location and Building are well known for vibrant nightlife in Dubai, drawing in daily crowds. *Very low rent for a highly premium location

Strengths & Opportunities

*Seating capacity of 300+ across both floors, the venue is well-equipped to host a wide range of special events- from weddings and private parties to corporate functions. *Very low rent for a highly premium location.

Size of Premises (sq ft)

Trademarks

Customer Database Included

Products & Services

dining, live music, alcohol and shisha

Asset Value (after depreciation)

Inventory Value

Rent (per annum)

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