Karaoke – Under Management – Profitable – Sydney CBD
Business Code: PM1063
$200,000
Enquire now+ Estimated Stock (SAV) $10,000
Key Features: 15 Private Karaoke Rooms - This Karaoke Bar has a great relationship with their food partners (Korean BBQ) offering happy hour and Karaoke / Food specials.
State: NSW
Suburb: Sydney
Location: Sydney CBD - Great high traffic central location.
Premises: 15 karaoke rooms - 500k original fit-out
Other business interests
Sale Reason
Sept 2017
Established
Street parking
Parking
1 fulltime + 8 casuals
Employees
7 days - Monday to Sunday - 12 p.m. to 4 a.m.
Trading Hours
Lease expires 4th April 2029 + One 5 year option - CPI Increases - Rental Bond $ 60,500. (three months)
Lease
Well-established Karaoke Bar in Sydney CBD for sale - Prime location - High profit and easy to operate, a great investment opportunity with a solid potential to grow the business further. * Prime Sydney CBD location * Average weekly revenue of $16,400. * New lease in place 5 years + 5 year option * 15 private Karaoke rooms * Full liquor license * Great food partners secured * Food ordering tablet in every room. * Fully under management * Easy to operate * High profit and lots of potential to grow.
Features
15 Private Karaoke Rooms - This Karaoke Bar has a great relationship with their food partners (Korean BBQ) offering happy hour and Karaoke / Food specials.
Potential
Update the existing Website and increase Online presence.
Comments
Misc. - 1 - Other expenses: Pest control, Waste disposal, Cleaning, Printing and Stationary, Merchant fees etc. Misc. - 2 - Various other expenses. Motivated Vendor - All serious offers considered - Price reduction
