Popular cocktail & tapas bar in the center of Prague

Basic information

The subject of the sale is a company operating an established and popular cocktail bar in Prague. The bar has been in operation for more than 15 years and has built up a stable customer base. The company has a very good reputation in Prague and positive reviews and ratings on portals such as Facebook, Google Maps and Tripadvisor, which is very important for the attendance of the bar.

Located in the Prague’s tourist zone, the bar is often visited by foreign visitors to the city. The bar is located on the ground floor of a building with an entrance from a busy street in the Old Town. The bar area is about 50 square meters. The interior is uniquely and elegantly furnished.

The company’s revenue and profit are growing steadily, with potential for growth in the future. The company currently employs a stable team of 7 employees (1 FTE, 6 part time workers), with which the company has been working for a long time. The team of employees is experienced and loyal to the company, operation of the bar works independently with a small daily contribution of the company owner.

The current owner’s tasks include operation control, operational meetings with employees, and potential strategic meetings (e.g. new menu, new supplier, events, etc.). In addition, the owner attends to occasional marketing meetings, and provides occasional assistance in operating the bar when necessary. The time required for the new owner will be approximately 4-8 working hours a day, the current owner believes that this activity can be combined with other work or business.

The owner sells the business mainly because of his orientation to employment and other activities. However, the owner is willing to teach the new owner in all aspects of the bar operation, if interested, he can also provide regular consultations after the sale. This offer is suitable for both experienced gastronomy entrepreneurs or beginners who want to meet their goal of having their own successful business and be profitable from the start of their business.