Popular cocktail & tapas bar in the center of Prague

Investiční teaser

Praha, Czechia

Listing number: 200008

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Valuation 53 000 € (1 300 000 CZK)
Net debt
Net debt represents the company's indebtedness. It is expressed as the amount of interest-bearing credit minus cash in the company.
3 000 €
Revenue odhad
Revenue represents the total annual revenues earned by the enterprise by the sale of goods and services during the accounting period.
176 000 €
History
History of business operation.
20 years
EBITDA odhad
EBITDA is a financial indicator of the company's operating performance. Annual EBITDA is expressed as profit before deducting interest, taxes and depreciation in the year.
54 000 €
Employees
Number of employees employed in the firm on a permanent basis as of the date of publication of this teaser.
7

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.

Tangible assets

  • all equipment of the bar (furniture, tables, bar table, chairs)
  • ice maker
  • cooling equipment
  • inventory (valued at 70 thousand CZK)

Intangible assets

  • cash register software
  • contract with a mixed alcohol supplier
  • positive reviews and ratings on social networks

Property

  • Bar premises
    • area: 50 m²
    • rent: cca 25 000 Kč / měsíc

Employees

Number of employees: 7x

  • Bar manager

  • bartender

  • Barback

  • Marketing Specialist

Debt

  • cca 80 000 Kč

Revenue

  • 2019 (estimate): 4,3 mil. Kč
  • 2018: 3,0 mil. Kč
  • 2017: 1,0 mil. Kč

Net profit

  • 2019 (estimate): 1 314 tis. Kč
  • 2018: 865 tis. Kč
  • 2017: 305 tis. Kč

Other information

History: 15 years

Reason for sale: orientation of the owner on other activities

Legal structure s.r.o.

Structure of the sale: 100% share in s.r.o.

Get more information

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

Contact us if you are interested!