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Bar for Sale in Belgrade, Serbia

Vibrant bar in Belgrade's hub, offering unique nightlife experience with dedicated team and steady clientele.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 90 - 100 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 8 %
Industries Restaurants + 1 more
Locations  Belgrade
Local Time 7:56 AM Europe / Belgrade
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 29 thousand (Native Currency: EUR 25,000)
Reason: The sale is due to the owner relocating to a new city, which has left them with insufficient time to... View More
Includes physical assets worth USD 11.6 thousand
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Business Overview
- The cocktail bar is strategically positioned in the center of Belgrade, offering unparalleled access to both locals and tourists seeking unique nightlife experiences.
- This boutique establishment employs a small and dedicated team of 2, emphasizing personalized service and a cozy ambiance.
- The venue transforms into a vibrant entertainment hub with acoustic evenings, engaging quizzes, and captivating stand-up comedy, attracting crowds during both weekdays and weekends.
- Foot traffic averages between 20-25 patrons on working days, while weekends see an influx of 50+ customers, indicating a solid foundation for potential growth.
- Guests on average spend 1,500 din per day (per person), equating to an average daily revenue ranging from 300 to 800 euros, with peak days reaching up to 2,000 euros.
- Although current operations face challenges in achieving substantial profitability, there is notable potential for operational restructuring to enhance financial performance.
Products & Services Overview
Diverse offerings include expertly crafted top-selling cocktails, a variety of beers, freshly brewed coffee, artisanal homemade lemonades, teas, and an enticing selection of snacks.
Assets Overview
Tangible assets include interior, furnishings and kitchen equipment.
Intangible assets include trained staff, a google account with 150 top reviews, an Instagram account, and all contacts with distribution companies. It also includes unique recipes and other business assets. Additionally, no license is required to sell alcohol.
Facilities Overview
The space covers 105 square meters, with an additional 56 square meters for the outdoor terrace. The rent is EUR 1,200.
Capitalization Overview
The business is self funded with no outstanding loans.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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