Nightclub for Sale in Split, Croatia
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 900 thousand |
Run Rate Sales | USD 950 thousand |
EBITDA Margin | 35 % |
Industries | Nightclubs |
Locations | Split |
Local Time | 6:07 PM Europe / Zagreb |
Listed By | Advisor / Business Broker |
Status | Active |
- The nightclub is an iconic establishment located in Dalmatia, Croatia, and has been successfully operating for over 15 years, establishing a strong brand presence in the region.
- The business operates primarily as a nightclub during the summer months and as a cafe bar for the remainder of the year, providing a diversified revenue stream throughout the seasons.
- With annual revenues nearing EUR 1 million and a 35% Seller's Discretionary Earnings (SDE), the business demonstrates strong financial performance and profitability, making it an attractive investment opportunity.
- The nightclub benefits from a prime location, contributing to its consistent and stable revenues over the years and presenting a competitive advantage in the market.
- The business has secured a favorable long-term lease with a 10-year contract, ensuring stability and predictability in occupancy costs, which is a significant asset for potential investors.
- Furthermore, the establishment boasts a reliable and dedicated workforce of 10 employees, as well as stable supplier contracts, contributing to the overall operational stability and efficiency of the business.
- This offering presents investors with a well-established and reputable nightclub business in a sought-after tourist destination, providing the opportunity for immediate and continued returns on investment.
Iconic nightclub operates mostly during summer months, the rest of the year, it operates as a cafe bar.
Entire furniture, fit-out, licenses, and music equipment.
Fit out in perfect condition, 10 year lease locked, fully equipped.
There are no outstanding debts or loans, and they have healthy financials. The family-owned company is willing to sell 100% of ownership and help with the transfer of know-how.