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Nightclub for Sale in Prague, Czech Republic

For Sale: Popular nightclub and bar in Prague frequented by 2,500+ customers on the weekends.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 1.8 million
Run Rate Sales USD 1.8 million
EBITDA Margin 13 %
Industries Nightclubs
Locations  Prague
Local Time 3:04 AM Europe / Prague
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 270 thousand (Native Currency: CZK 6,400,000)
Reason: The promoters own 3 other nightclubs and are looking to sell this business in order to deal with the... View More
Includes physical assets worth USD 160 thousand
Documents
Business Overview

- Popular nightclub and cocktail bar.

- Located at one of the 2 best known squares in Prague.

- The location is a commercial district and has a strong tourist footfall.

- The facility has 3 separate bar counters and is spread across 2 floors including a basement.

- Receive around 800 - 1,000 customers between Monday to Friday and over 2,500 customers across the weekend.

- We regularly host parties and have a network of well-known DJs who we invite to host.

- Have a seating space for 120 people and can accommodate around 350 people at a time.

- Have 5 permanent staff and around 20-25 part-time staff.

- The business is financially healthy and has strong contracts with all of its vendors.

- Physical assets owned by the business include inventory, interiors, furniture, and kitchen equipment.

Products & Services Overview

Nightclub and cocktail bar. We primarily serve starters and fast food and cater to all types of private events and corporate events.

Facilities Overview

Leased 550 sq. m. facility with a basement + 1 floor. The facility has a full size kitchen. The monthly rent is CZK 300,000 for the next 3 months and CZK 400,000 thereafter. The facility deposit is CZK 900,000 and is included in the sale price. The lease contract is valid for another 5 years.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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