Case Study
Restaurant Revenue Roadblock to 37% Cost Savings
Headquarters
Dubai, UAE
Industry
Food & Beverage/ Hospitality
Service
Culinary Experiences
Client Overview
A UAE-registered restaurant group operating under a DET professional license, delivering food, beverage, and full-service catering across multiple locations. Despite strong customer demand, profitability remained elusive masked by inconsistent accounting and misclassified expenses.
The Challenge
The owners knew revenue was flowing in, but profit wasn’t keeping pace. Three critical issues stood in the way:
Financial Blind Spots
No standardized books meant management operated on gut feel, not data. Loan applications were declined due to unconvincing financials.
Capital Spending
Misclassified Kitchen equipment, furniture, and leasehold improvements were expensed immediately artificially deflating profit.
Regulatory Exposure
Non-compliance with IFRS standards and VAT filing gaps created material risk and eroded investor confidence.
The Solution
IFRS-Compliant Foundation
Shifted from cash-basis to accrual accounting; capitalized and depreciated assets correctly
Clear view of true operating performance
Revenue Stream Clarity
Segmented revenue by dine-in, delivery, and catering
Identified profitable channels and cash drains
Automated Infrastructure
Implemented cloud accounting with POS and bank integrations
Real-time reporting and automated VAT reconciliation
The Solution
IFRS-Compliant Foundation
Shifted from cash-basis to accrual accounting; capitalized and depreciated assets correctly
Clear view of true operating performance
Revenue Stream Clarity
Segmented revenue by dine-in, delivery, and catering
Identified profitable channels and cash drains
Automated Infrastructure
Implemented cloud accounting with POS and bank integrations
Real-time reporting and automated VAT reconciliation
The Results
Transformative outcomes that redefined the business trajectory
Cost Reduction
Significantly increased profit margins
(2023 to 2024)
Bank-Ready Financials
Secure better financial readiness and easy loan approvals.
Cost Reduction
locations
About ebs Chartered Accountants
ebs chartered accountants is a Dubai-based accounting and advisory firm specializing in IFRS implementation, VAT compliance, financial automation, and CFO-level strategy for UAE businesses ready to scale.