Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

The Brass Tap Franchise Opportunity

CruiseOne Franchise Opportunity

Discount Party Store Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Betting Shops Company For Sale
Location: Romania -> Bucharest
Industry: Entertainment and Leisure > Other Entertainment and Leisure

Business Summary

Newly established Romanian company with license for unlimited betting
shops for sale. The company has no activity.

General view: Romania has a population of 22,2 mil inhabitants and a country area of 238,391 sq km. The estimations for 2007 regarding the GDP (purchasing power parity) were a 6% real growth rate and a GDP at $247,1 billion.

Competition/Market - Almost 30 operators are sharing Romania's private gambling market. However, only a small number are active and own together three quarters from this market. There is one public operator, The National Lottery with its Pariloto.

Tax regime for betting shops:
The licenses having a validity of one year are granted against of some annual fees. For sports betting: 5% from the estimated receipts, but no less than RON 10.400; (1 Eur = 4 RON). In addition to the authorization fees, the gambling organizers pay:
1. A monthly fee ''Social stamp'': for sports betting, 10% applied over the total sale of game tickets.
2. An annually fee of 4% from the profit for the National Movies Center.
3. A monthly fee of 2% from the incomes for the National Historic Monuments Office.

Expansion potential: The potential of the Romanian market is a high one, as confirmed by the bookmakers already present which are constantly opening new shops. As for the business itself, a consistent offer, competitive odds and a wide variety of betting types would make the difference.

Ownership: Limited Liability Company

Employees: No

Financing available: No


Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Focusing on other markets.

Print Listing Id: 70098691
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!

Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease

Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 70098691
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.