Business For Sale: Operational Shisha Cafe & Restaurant In Umm Suqueim 1
Business For Sale: Operational Shisha Cafe & Restaurant In Umm Suqueim 1
Business For Sale: Operational Shisha Cafe & Restaurant In Umm Suqueim 1
Business For Sale: Operational Shisha Cafe & Restaurant In Umm Suqueim 1
Business For Sale: Operational Shisha Cafe & Restaurant In Umm Suqueim 1
Business For Sale: Operational Shisha Cafe & Restaurant In Umm Suqueim 1
Business For Sale: Operational Shisha Cafe & Restaurant In Umm Suqueim 1
Business For Sale: Operational Shisha Cafe & Restaurant In Umm Suqueim 1
1,400,000د.إtotal price(Fixed)

Business For Sale: Operational Shisha Cafe & Restaurant In Umm Suqueim 1

New

Overview

Features:

  • Type
  • Commercial Villa
  • Purpose
  • Rent
  • Furnishing
  • Furnished
  • Updated
  • 24th January 2025

Description

Welcome to a family restaurant that brings you back to the 1940s with its nostalgic charm. This popular spot, especially during winter, opens its entire roof for a peaceful, open-air shisha experience.

Once a modest 4,000 sq. ft. space, it has expanded to 22,000 sq. ft., with 28 million AED invested in top-notch renovations. The low annual rent of AED 1.4 million is secured until October 2028. Located in a prime area with valet parking and easy access, it’s a favourite for locals and tourists alike.

This investment offers a five-year ROI, with a net monthly income of 600,000 to 700,000 AED. The business, complete with its setup, is available for 28 million AED, with the option to buy the real estate itself for GCC nationals at 30 million AED.

A rare shisha license, no longer approved by Dubai Municipality in Jumeirah and Al Wasl, further enhances its value.

In short, this is more than a restaurant; it’s a beloved landmark with a strong financial foundation, offering a rare chance to invest in a successful business or prime real estate in today’s market.

VILLA DETAILS:
Total Area: 22,000 sqft
Rent: AED 1,400,000 per year
Number of cheques: 4 Cheques
Fully equipped Kitchen
Furniture with Traditional designs
NOC for Shisha
Fully operating Business, fit out, Furniture and Kitchen equipment, Trade license, 75 staff members & Accommodations: AED 28M
Real Estate Sale: AED 30 million additional (Optional)
Average Net Income: AED 600,000 (per month)

IMPORTANT NOTICE: Please be aware that the pictures provided are not actual. This measure is taken to safeguard the ongoing business operations from unnecessary traffic. It is strongly advised to personally visit the property for a comprehensive viewing experience.

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