Club Business for Sale in Gazi, Athens

Club Business for Sale in Gazi, Athens. Fully Equipped Nightlife Venue. A rare opportunity to acquire an established and fully operational bar business in Gazi, one of Athens' best-known nightlife and entertainment districts.

With a strong name in the Athens nightlife scene, an established customer base and an active social media presence, this is not a new concept requiring development from the ground up. The business is offered as a complete, operating venue, allowing the new owner to take over an existing brand, its equipment, its commercial identity and an already proven operation.

The venue extends to approximately 240 sqm and offers a practical layout designed for high-capacity nightlife operation. It includes two separate restroom areas, one for men and one for women, as well as a basement storage area, an upper-level office and cloakroom, and one large, fully equipped bar serving as the main focal point of the venue.

The club has a capacity of approximately 400 people and is currently operating only three days per week, during an eight-month season from approximately late September until late May. Despite the limited number of weekly operating days, the business has generated annual turnover of approximately €230,000 to €250,000 during each of the last three years.

Reported net profit is approximately €36,000 per year. However, an important element for an investor to consider is that two of the three existing partners are actively employed in the business and their remuneration is recorded within the operating expenses. The financial performance should therefore be assessed together with the full expense structure in order to understand the underlying operating profitability of the venue.

The business is being sold fully equipped and ready to continue operating, substantially reducing the investment, preparation time and operational risk normally associated with opening a new nightlife venue in Athens. The existing concept, equipment, established clientele and social media channels are included as part of an operation that has already built recognition in its market.

The monthly rent is €2,400, with the current rental level expected to remain unchanged under the agreed lease arrangements. This represents an important advantage for a nightlife business operating in a highly commercial entertainment location such as Gazi.

Another particularly interesting aspect of the opportunity is its potential for further development. The current business achieves its turnover while operating only three nights per week and for approximately eight months of the year. A new operator could therefore explore additional opening days, private events, themed nights, corporate events, collaborations and other revenue streams, subject of course to the operating strategy and relevant licences.

For an entrepreneur or hospitality investor seeking an established club or bar business for sale in Athens, this opportunity combines an existing brand, demonstrated turnover, substantial customer capacity, manageable monthly rent and a fully equipped operation in one of the capital's most recognised nightlife destinations.

Further financial information and details regarding the operation may be provided to seriously interested parties following initial contact and appropriate confidentiality arrangements.

Club Business for Sale in Gazi, Athens. Location Information.