Looking to invest or kickstart your own business? We’re bringing you six of the best opportunities on the Norwegian market right now, according to Bedriftsbørsen.
Leading Inva Engineering in Oslo
Inva Engineering is a market leader in construction. With only six employees, they have an annual turnover of almost NOK 12 million. The company can be developed in several areas, and the growth potential is considered significant.
Inva Engineering was established in 1986 as a specialist in the regulation of heating and cooling systems. Just over three decades later, they have regulated more than 5,000 facilities, and built up a unique competence.
Inva has been involved in a number of major buildings, including the Opera in Bjørvika, the Munch Museum, the National Museum, Gardermoen Airport, and Telenor’s head office at Fornebu. However, customers come in all sizes, and also include housing associations, schools, and commercial buildings in general.
Price estimate: NOK 7,500,000
Turnover 2019: Approx. NOK 12,000,000
Normalized operating profit 2019: Approx. nok 3,000,000
Café Delice in Stavanger
Café Delice is a modern center cafe with quality coffee and quick snacks. The cafe, which saw a high occupancy outside of the pandemic, was established in 2015.
Its menu is tailored to meet a wide audience, offering everything from nachos to steaks and lasagna, as well as desserts. In addition, the cafe has a selection of small products for sale.
Located within a shopping center, the cafe has a good surrounding competitive situation, with only one other restaurant and one coffee bar in the center. The center also provides a good customer base.
The cafe has an area of 300 square meters, along with a spacious terrace on the center’s 2nd floor. The premises are modern and well-kept, with low wear on furniture and surfaces. The decor is bright and tasteful, with modern contrasting colors and comfortable furniture. It has approx. 113 seats inside and 42 outside. The cafe is located in an inward-facing corner, with large glass surfaces facing the beautiful terrace.
Price estimate: NOK 590.000
Turnover: NOK 3,600,000
Rent: 7.5% of turnover (min. NOK 380,000)
Olympen in Oslo
Dating back to 1904, Olypmen is an institution in the capital’s cityscape. This is a restaurant almost everyone knows and many love. Just like the city, the place has developed and gone through many phases over the years – but without losing its soul and identity.
Olympen is a spot that accommodates all occasions and all kinds of people. Spanning over three floors and outdoor terraces, the restaurant offers everything from lunch and dinner across casual drinks to a nightclub and parties in open or closed groups. Historically, the place has been referred to as a beer hall and restaurant.
The kitchen, at an intersection of French bistro and Norwegian home cooking, is well regarded. The place is also known for its wide beer and wine selection. Olympus is also sought after for its special events, such as Christmas dinner, and Oktoberfest which is held in the old beer hall.
Upstairs is an elegant cocktail bar with a modern cabaret. The venue, with unique Art Deco-style decor from the 1920s, is regularly the scene of concerts, stand up, beer tastings, dance shows, poetry slams, and more. The idea is to bring back that atmosphere from the roaring 20s.
Olympen fills the entire apartment building at Greenland Camp 15. The elegantly ornate building, which was built by Schous brewery in 1892, first housed a theater before restaurant operations were established in 1904.
The restaurant is located on the ground floor with access to a spacious and sheltered yard. There is also a separate room, with a 16-22 capacity, used for small parties and company meetings with catering. On the second floor is the cocktail bar. On the third floor, there is a multifunction room suitable for 50-90 seated guests, or 120 standing.
Price estimate: NOK 4,800,000
Turnover: NOK 25,000,000
Rent: NOK 3,231,000 + 4.75% of turnover. over NOK 10 mil
QuietPod, location flexible
QuietPod is a mobile working space solution for use in office landscapes, libraries, and other public environments. This Norwegian-developed product has been thoroughly tested over two decades, and both production and delivery structures have been established. The time is now ripe for a new owner with commercial flair to realize the product’s full potential.
QuietPod is a mobile quiet room with many use cases. Among the most popular are small meetings, telephone conversations, video meetings, and rest or relaxation. The quiet rooms have also been used as sound studios, gyms, and passport controls.
The product is available in different sizes and with a number of options. There is a special focus on the use of materials for attenuation of sound waves, fire requirements, and technical solutions for ventilation and LED lighting. QuietPod is delivered in standard products such as telephone rooms for one and meeting rooms for two, four, and six people. The customer can further customize colors, floor materials, and wall panels according to their own wishes. The quiet rooms are installed with connection points for electricity, mains, and ventilation as fixed accessories. In addition, there are opportunities for special design modifications.
The product has many satisfied customers, and the reference list includes Entra, Equinor, Nordea, NRK, Telenor, Arlanda Airport, and Bane NOR,.
Price estimate: NOK 3,000,000
Turnover: NOK 3,250,000
Brygga sports bar in Ulsteinvik
In the heart of Ulsteinvik sits Brygga, one of the country’s best sports bars. With a large space, good food, and a pleasant atmosphere, Brygga has in a short time become a go-to joint for many of the region’s 40,000 inhabitants. The company has delivered strong results and offers a favorable combination of safe operating conditions and flexible development opportunities.
Brygga was established in 2018. The goal has been to offer an informal and tasteful meeting spot – a place where people can meet over a glass of coffee or beer, watch a football match, and play a game of darts or shuffleboard alongside a big or small snack. The place is set up so that those who are not interested in sporting events feel welcome, too.
The bar offer is rich, while the dishes are few, but tempting. The short menu ensures efficient kitchen operation with little waste, while at the same time offering tasty people-pleasers based on good ingredients and a real price level. In addition to tex-mex classics and burgers, the menu also has a maritime and local touch with dishes such as fish and chips and fried tenderloin. Both the menu and the restaurant are family-friendly.
The capacity is up to 300 indoors and 60 outdoors. On the weekends, there are regularly large queues. During the week, a number of sports-related events, taco and quiz nights, concerts, and so on, are also arranged, which often draw full houses as well.
With a location on the pier with a view of the sea and the quay area, the restaurant draws in both locals and tourists. It’s centrally located in Ulsteinvik center, with good parking and public transport options right next door. The large pier right outside is especially bustling in the summertime. The immediate vicinity of the Quality Ulstein Hotel also contributes to a steady stream of guests.
Highjump event agency in Oslo
Highjump offers a wide range of event services in Oslo and the surrounding area. The market demand is high, and the company has, in parallel with large investments, managed to maintain a stable positive result. Highjump has a large area at its disposal, which provides high flexibility and freedom to develop new concepts.
Highjump has during its 15 years on the market had over 5,000 events. The company specializes, in general, in social group activities for companies and individuals, such as team buildings, bachelorette and bachelor parties,
Christmas parties, conferences, and birthdays. Serving food and drink is usually included in the offer, and accommodation can be offered, too.
Located 15 minutes from Oslo’s center, Highjump has a scenic area at its disposal with a number of facilities (with everything from a climbing park and trapeze jump to paintball courts and a party tent), which they can adapt and style to the individual event. The 5-acre outdoor area is framed by beautiful and peaceful nature, which helps to create an idyllic and undisturbed setting.
Price estimate: NOK 2,600,000
Turnover: NOK 3,700,000
Operating profit 2019: NOK 775.000
Disclaimer: This article is part of Norway Today’s sponsored content, and has been produced in partnership with Bedriftsbørsen.
Source: Norway Today / Bedriftsbørsen