Profitable investment: cafe-business for sale in Bar, Montenegro

C-0104 We present you with the opportunity to become the owner of a thriving business – a popular cafe located in the heart of Bar, Montenegro. Conveniently located along the central highway of the entire coast, Adriatic Put, this cafe stands out from the rest and is in great demand among visitors. The premises of the cafe are leased directly from the owner of the building and land, the lease term is extended until December 31, 2025. The owner of the property intends to extend the lease to the new owner of the cafe. The rent is 1,300 euros per month plus VAT, paid monthly without any significant advance payments. The area includes 90 m2 of indoor area and an additional 40 m2 of outdoor terrace, which is included in the rights to use the cafe in accordance with the lease agreement. The interior of the cafe is made in a sophisticated and modern style, with elegant shelves, flower boxes, vases and a stylish bar counter. High-speed internet with speeds up to 300 Mbps via fiber optic connection is available, serving a significant number of customers. The café is equipped with ten 80x80 cm tables and four 60x60 cm tables, as well as chairs, armchairs and sofas, which will be transferred to the new owner. During the warmer months, some of the indoor seating can be moved to the terrace, which can accommodate up to 6 additional large tables. The business is conducted through a registered company (DOO) in Bar, Montenegro, with an active bank account in CKB. The company will be transferred to the new owner along with a lease agreement, free of any debts. Additionally, there is a possibility of transferring the business without selling the company (for those who prefer to use their already registered company or create a new one in Montenegro). The new owner will also receive a unique domain with relevant services and email addresses. The café's website, built on a well-known aggregator platform, is easy to manage and update. The social media accounts associated with the cafe will also be transferred to the new owner. The price is only 65,000 euros. With year-round operation and an average daily visit of 50 customers with an average spend of around 10 euros, providing a profit margin of 20%, the business is expected to pay for itself in less than two years. This offer includes the transfer of leasehold rights, a full set of interior furniture, kitchen and bar equipment, a high-quality coffee machine, a new 75-inch TV and all other items listed in the advert. The cafe is fully equipped with all necessary and sufficient equipment for operation, including modern cash register software updated for February 2024. Contact us to schedule a viewing!