A tea, drinks, and light food shop for takeover.
With a sidewalk occupancy permit, a 24-hour permit, and a municipality and cleanliness permit.
Reason for takeover: I invested in the project, developed it, and worked on it excellently, Mashallah. However, the project requires more dedication and additional work, or an investor to inject funds to turn it into a brand. I am busy with other matters and cannot currently develop it further or inject more investment.
Annual rent is 41400, renewed until the end of January 2027.
Approximately three-quarters of the rent has been paid, around 31400, with only 10000 remaining.
Starting from July, there are 7 months left on the lease.
Approximately 14,000 has been paid for 4 months.
Takeover options:
1- I will give you the location to open whatever you wish, and I will take my belongings.
In this case, if there are no obstacles, you pay me 20,000 riyals, accept the lease contract, and complete the rest of the contract in agreement with the leasing company.
I will clear out the shop for you.
2- You take over the shop with all its devices and equipment, most of which are almost new, used for a few months. You can visit the shop to see them if you are serious.
Refrigerators, screens, and various tools, most of them new or almost new.
Proposed takeover price = 40,000 riyals + the rent paid for the next four months, 15,000 riyals.
The municipality license and the cleanliness license will be transferred.
And the 24-hour permit and the sidewalk occupancy permit.
3- Take over the shop with the trade name. The trade name will add 20,000 riyals to the price.
(Tea Hut)