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Listing ID: 357409

Dance Bar/ Club in Malia For Sale

Malia, Crete, Greece

£ 60

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: £ 100k to 250k

Cash Flow: £ 100k to 250k

Business Description

Dance Bar/ Club in Malia for sale
Open to offers- Quick sale wanted (license, furniture/ fixtures included)
Revenue: over 150k Cash flow: Undisclosed

A great opportunity to take over a business straight forward with a high income, great potential, turn key business, with all the permits in place, very stylishly decorated with a solid reputation. Located in one of Europe’s number one clubbing destinations in the town of Malia infamous for its thriving nightlife and 24 hour party scene. The bar is situated on the busy Malia beach road (main strip) 5 minutes from the beach and only a few minutes’ walk from the old town. It is an extremely popular bar that currently host some of the best urban nights in Crete.

The bar itself consists of an outside lounge area and an internal club (dance area, with a VIP section and dance podiums) that plays host to hundreds each week. There is a small bar on the outside and larger one on the inside. The lounge area itself is number one choice for those who want to enjoy good music, quality drinks and a shisha. Later in the evening the music is pumped up and the club inside itself comes alive hosting bar crawls and various competitions throughout the week such as live PA’s, MC battles and the famous pole dancing competition.

As the summer season comes to an end in September and tourists begin to leave the locals tend to venture out more over the weekends throughout the winter period: allowing for trade steadily continue from September to April.
The bar itself is well established and has a strong reputation and loyal customer base who not only return night after night but season after season. This is a unique and exciting business opportunity for someone who is looking to make a sound investment with an immediate return.

What is currently up for sale:
The business and all its assets which included: internal and external furnishings (chairs, tables, sofas, stalls, glass & dishwasher, 3 wall mounted flat screen TV’s, slosh machine etc), Music and alcohol License, refrigeration units, state of the art DJ setup (decks, amps, mixer, smoke machines etc) and a extremely pricey internal and external sound and lighting system. The club itself has an excellent air-conditioning system and is totally soundproofed. Unlike other business and opportunities out there this one doesn’t need any work put in to start up it is good to go.
-Approximately 250m2
-Exterior bar & lounge area
-Interior Club & dance floor
-Elevated DJ booth
-2 x podiums with poles
-Elevated VIP area
-An additional external area out the back that can be used to extend the club area or for storage.
-Large Stockroom & office
-Spacious Male and Female Toilet areas

Location: Malia, Crete, Greece-
The bar itself is located on the original Malia Beach road just 50 yards from what is known as the centre of the strip. It is set back on the pedestrian road neighbouring some of Malia’s most popular establishments such as: KFC, Malia Fancy dress and String Fellas strip club. It is ideally situated on the left hand side of the strip which is the most used route for tourist staying in the old village and surrounding area. The bar itself is half way down the strip and has no competitive business opposite unlike many other bars and clubs in Malia who have to constantly compete for trade.

Season: April to October (summer)
High season: July to Mid August
Low season: Is still a busy time with plenty of tourist not just from the UK but from all over Europe

Reason for selling: Emigration

Property Details

Size:

250 Sq. Mtrs

Years Established:

14

Property Type:

Real

Other Details

Business Location:

Malia beach road

Operation Details

Trading Hours:

The license that is held allows the bar to be open throughout the day up until 5 a.m Sunday to Thursday and 8 a.m Friday and Saturdays.

Support & Training:

We will be on the island till next summer, so full support by us, accountant, lawyer etc help with licensing (Just a matter of licensing being transferred to a different name), will all be included you will have 100 % support.

Miscellaneous

Reason For Selling:

Emigration

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