The Bar Industry in Hå: Current Status and Future Prospects

The bar industry in Hå is a small but dynamic sector with four registered companies. Most of the activities are concentrated in Varhaug, while Nærbø has a smaller presence. Over the past few years, the industry has experienced both growth and decline, partly due to the pandemic and economic fluctuations. There are no registered bankruptcies in the industry, which suggests a certain level of stabilization. For entrepreneurs, this could be an opportunity, but it is important to be aware of the competition and local conditions.

Sales in the industry grew by 15.4% from 2016 to 2017, but later experienced a sharp decline of 55.9% from 2019 to 2020. There has been a significant increase of 72.0% from 2021 to 2022, indicating a gradual recovery after the pandemic. The number of employees has varied greatly, with a peak of 44 in 2023 and a decline to 25 in 2024. The EBITDA margin for businesses in Varhaug is 16%, while Nærbø has no activity.

Registered Companies

The following companies are registered in the bar industry in Hå:

1. Stasjoen Pub As (Rådhusgata 15, Varhaug) – AS, 34 employees, sales of 5.8M NOK, EBITDA of 955.0K NOK.
2. Drøsen Kaffibar As (Jadarvegen 3B, Nærbø) – AS, 5 employees, no sales or EBITDA.
3. Passion Espresso Gulaker (Hårrvegen 146, Vigrestad) – ENK, 0 employees, no sales or EBITDA.

Organizational Forms

• AS (Anonymous Companies): 2 companies, 39 employees, sales of 5.8M NOK, EBITDA of 955.0K NOK.
• ENK (Sole Proprietorships): 2 companies, 0 employees, no sales or EBITDA.

Distribution of Businesses by Town/Location

Varhaug is the most active area with one business employing 34 people and sales of 5.8M NOK. Nærbø has one business, but this has no sales or EBITDA. This shows a clear difference in the level of activity between the two areas.

The industry has experienced both growth and decline over time. There are no registered bankruptcies in the industry, which suggests a certain level of stabilization. Sales have varied greatly, with a sharp decline of 55.9% from 2019 to 2020, but an increase of 72.0% from 2021 to 2022. The number of employees has also grown and declined, with a peak of 44 in 2023 and a decline to 25 in 2024. This may be due to variations in customers and economic conditions, as well as the impact of the pandemic.

Outlook for Entrepreneurs

For entrepreneurs in the bar industry in Hå, there are both opportunities and challenges. There is a certain level of stabilization in the industry, with no bankruptcies and a gradual recovery after the pandemic. Varhaug is the most active area, and it may be advantageous to focus on this area to maximize potential customers. However, it is important to be aware of the competition and local conditions, as well as to be flexible in relation to economic fluctuations.

Outlook for the Broader Bar/Club Sector

The broader bar/club sector in Hå has more companies than the bar industry, with a total of 6 companies. Sales in this sector grew by 12.6% from 2016 to 2017, but later experienced a sharp decline of 46.1% from 2019 to 2020. There has also been a recovery, with an increase of 59.6% from 2021 to 2022. Peer companies in this sector include Holdeplassen Bar As (Torgplassen 10, Nærbø) and Sjøbua Bar Da (Kverme, Brusand), with EBITDA of -35.0K NOK and 0 NOK respectively. This shows that the broader sector has a somewhat different dynamic than the bar industry.

The bar industry in Hå is a small but dynamic sector with opportunities for growth and development. It is important to be aware of the competition and local conditions, as well as to be flexible in relation to economic fluctuations. SmartGrunder can help entrepreneurs explore addresses in Hå for this industry and provide an overview of potential opportunities and challenges.