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  3. Established Greek Restaurant in Dubai JLT — AED 1.8M Annual Revenue
Established Greek Restaurant in Dubai JLT — AED 1.8M Annual Revenue
l-b-ae-238

Established Greek Restaurant in Dubai JLT — AED 1.8M Annual Revenue

Greek RestaurantsBusiness
Dubai, Dubai, United Arab EmiratesEst. 2014

Asking price

AED 350,000AED

Revenue
AED 150K/mo
Profit
AED 10K/mo
Multiple
2.9x

Overview

Established Greek restaurant generating AED 1.8M annual revenue in a high-density Dubai business district. Fully renovated 1,265 sq.ft space with indoor and outdoor seating for 39 guests. Manager-run with 6 experienced staff — a ready opportunity for an owner-operator or investor seeking immediate revenue.

Products & services

Authentic Greek and Mediterranean restaurant offering dine-in, takeout, and delivery. The menu features traditional Greek cuisine with both indoor (24 seats) and outdoor terrace (15 seats) dining options. Revenue comes from dine-in sales and online delivery platform orders. The kitchen is fully compliant and recently renovated with modern equipment. Monthly revenue averages AED 150,000 (approximately AED 1.8M annually), with food costs at 39% and online platform fees around AED 24,000 per month.

Customers & market

Located in Jumeirah Lakes Towers — a high-density mix of residential towers and office buildings ensuring steady footfall throughout the week. The restaurant serves both dine-in and delivery customers, with a significant portion of revenue coming from online delivery platforms. Customer base includes local residents, office workers, and delivery-app users. The area's continuous development and population growth provide a natural tailwind for the business.

Operations & team

The business operates with a team of 6 staff members: 3 cooks, 1 waiter, and 2 support staff. Total monthly salary cost is AED 18,000. The restaurant is currently manager-run, with day-to-day operations handled smoothly under managerial supervision. The space underwent a major renovation costing nearly AED 1 million, including new interiors, upgraded systems, and a fully compliant kitchen. The restaurant occupies 1,265 sq.ft with indoor seating for 24 guests and an outdoor terrace seating 15 guests (39 total covers). Rent is AED 22,000 per month (AED 266,000 annually), negotiable with the landlord. Founded in February 2022, the business is fully licensed and operational.

Growth opportunities

1. Cost optimisation — food costs at 39% are high; renegotiating supplier contracts and optimising portion sizes could improve margins significantly. 2. Menu engineering — removing low-margin items and promoting high-margin dishes can boost profitability without requiring additional traffic. 3. Marketing & social media — a targeted digital marketing campaign and active social media presence could increase brand awareness and footfall. 4. Delivery channel expansion — adding new delivery platforms or direct-order channels could reduce dependency on a single platform and cut commission fees. 5. Catering & events — the restaurant's Greek cuisine concept lends itself to corporate catering for nearby offices, an untapped revenue stream. 6. Extended hours — evaluating breakfast or late-night service could capture additional demand from the JLT residential and office community.

Public, summary information only. These details are shared by the seller and are not financial or legal advice. Always do your own checks (due diligence) before you buy or sign, and ask for full information through an enquiry where needed.

Asking price

AED 350,000

AED

Sign up free to contact the seller

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