Business for sale

Turnkey business in the field of gambling

Turnkey business in the field of gambling
Expert broker de afaceri - Cosmina Sandu
Business Broker Expert
Cosmina Sandu
Brașov - Romania
+4 0755 548 634
cosmina.sandu@trade-x.ro
Selling price: 2.024.795 EURO
Annual turnover: 1.904.668 EURO
Real Estate Value 0 EURO
Operating profit (EBITDA) 146.450 EURO
County / City: Brăila
Country: Romania

Short description

 This offer presents a turnkey business
having as field of activity the organization and operation of electronic gambling halls. The business enjoys notoriety in the city of Braila, since the beginning of its activity, in 1994. It has expanded continuously to reach 31 employees, 13 bars fully equipped with slot machines, chairs and tables.

Products and Services

 Gaming halls are recognized among local customers for their ambiance, style and elegance, at high standards of comfort and safety.

Operations

 Through a space rental contract, some of them operate non-stop, others with a schedule from 8 am - 23 pm through well-trained staff, original gaming equipment that always offers new gaming technologies, but also by strict compliance with the legislation. On average, a gambling machine produces between 5,000 and 8,000 euros per year.

Tangible and intangible assets

 160 slot machines under valid license and 120 machines authorized until August 2023.

Market and development potential

 Due to the restrictions imposed by Pandemia Covid, the company's profits were considerably reduced for the financial years 2020 and 2021, but nevertheless the gambling market has developed rapidly in recent years, reaching at the end of last year to include about 12,000 game rooms and 70,000 of devices, betting enthusiasts leaving about one billion euros annually in these locations. In Braila, in recent years there have been various Sports Betting companies (agencies) or gambling halls, but, nevertheless, the company has also increased its revenues. The southeastern part of Romania is recognized as a profitable area in the field of gambling.
When advertising a business for sale, the person doing this advertising has the professional obligation to keep the business's and shareholders' information confidential. Therefore, data fields marked N/A can only be disclosed by signing a Non-Disclosure Agreement (NDA).

Detailed information

Business established on 2023-11-07
Turnover from previous years 1.561.099 EURO
Trademark N/A
Goodwill N/A
Seller/bank financing 0 EURO
Approximate inventory 900.000 EURO
Inventory included in price Yes
Number of Employees 31
Support and training Yes
Reason for sale Retirement of the administrator

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