Successful retail stores with healthy food in Prague

Praha, Czechia

listing nr.: 230010

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is no longer active
Valuation 306 000 € (7 500 000 CZK)
Net debtNet debt is an indicator of a company's indebtedness. It is expressed as the amount of the interest-bearing loan minus the cash in the company.
0 €
Revenues Revenues express the total annual volume of the company's performance, which the company obtained through the sale of goods and services during the accounting period.
1 592 000 €
HistoryDuration of business operation.
16 years
EBITDA EBITDA is a financial indicator of the company's operational performance. Annual EBITDA is expressed as earnings before interest, taxes and depreciation in a given year.
110 000 €
EmployeesThe number of employees employed in the company on a permanent employment contract as of the date of publication of the offer.
15

Basic information

The subject of the sale is a 100% share in a company dealing with the operation of established retail stores focused on healthy nutrition. The company’s premises are located in highly exposed locations in Prague. The most established store has been operating for more than 15 years and the company’s brand is very recognizable among customers.

The stores have a very modern and stylish look. The range of stores is focused on healthy food, organic food, unpackaged goods and food from local suppliers and farmers. The assortment also includes fresh vegetables and dairy products from local suppliers and gluten-free baked goods. The stores are very popular with their target customer group and have a loyal customer base that visits the stores regularly and generates regular sales for the company.

The results of the stores were marked by a decrease in interest in premium food purchases in brick-and-mortar stores due to COVID 2020-21 and the subsequent high inflation in 2022. Despite this difficult situation, the stores were able to maintain a positive EBITDA, which guarantees the new owner a great deal of certainty regarding the profitability of the stores even in the worst of times. From the end of 2022, there is again an ever-increasing increase in sales. Thanks to this growth, EBITDA in the amount of CZK 3 million is expected in 2023 (the current EBITDA value for 1-4/2023 is CZK 1 million, for the period 11/2022-4/2023 EBITDA is CZK 2 million).</ p>

Due to the attractive and growing segment of healthy foods, sales growth of 10-15% is expected in 2024 with an annual EBITDA of CZK 4.5 million. The 2019 loss is due to the cost of opening one of the stores.

The company currently employs 14 employees, most of whom work as salesmen. The owner currently works in the company as an operations manager, and after the sale it will be necessary to gradually replace his role.

Overview of the company’s financial results

 

Tangible property

  • complete equipment and shop fit-out
  • shelves, cooling equipment (refrigerators, showcases)
  • cash registers, office equipment, PC
  • small store equipment (readers, printers, etc.)
  • inventories worth CZK 2.2 million

Intangible assets

  • famous name in the field
  • Cash System License
  • trained work team
  • website, Facebook, Instagram

Properties for rent

Stores

  • area of shops: approx. 80 – 120 m²
  • lease contracts for the next 5 – 8 years

Employees

  • 14 x HPP
  • 2 x part-timers

Indebtedness

  • loans will be repaid before sale

Total annual sales

  • 2020: CZK 30.4 million
  • 2021: CZK 35.1 million
  • 2022: CZK 34.5 million
  • 2023 (estimated) CZK 39.0 million (growth 11% for 1-4/2023)

Operating EBITDA

  • 2020: CZK 1.1 million
  • 2021: CZK 2.1 million
  • 2022: CZK 1.3 million
  • 2023 (estimate) CZK 3.0 million (CZK 1.0 million for 1-4/2023)

Note: EBITDA was calculated as operating profit before depreciation.

Other information

  • History: 10+ years
  • Reason for sale: owner tired
  • Legal form: s.r.o.
  • Subject of sale: 100% share in s.r.o. or in the form of the sale of a business plant or property
I am interested

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

If you are interested, contact us!

We will be happy to provide you with more detailed information after signing a non-disclosure agreement (NDA).