enquiry@klemms.com.au      + (61) 3 9819 4211

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KARAOKE BAR $950,000 (15203)

$950,000

KARAOKE BAR $950,000 (15203)

This highly sought after Karaoke Bar which had no expense spared on the set up costing over $650,000

This is a unique chance to own HIGHLY PROFITABLE Karaoke Bar in heart of Melbourne CBD. Perfectly located in a discrete location, holding a 5 STAR, 3 am License which is no longer issued with regular and loyal clientele.

Location: Melbourne CBD
Category: Karaoke Bar / Club

This highly sought after Karaoke Bar which had no expense spared on the set up costing over $650,000 is currently operating semi under managed and taking in excess of $35,000 p/w with a gross profit margin of 75% WONT LAST LONG.

Features of our Karaoke Bar:
• $650,000 set up still as new
• 3 am license which is no longer issued
• Contemporary fit-out very professionally operated
• Mostly alcohol with basic food options
• Huge potential to grow the business through marketing
• State of the art equipment
• 7 rooms
• Outgoing owner willing to train the buyer for a smooth transition
• 4 day a week operation
• Melbourne CBD location
• Priced for a quick sale at $950,000

If hospitality interests you and working close to the Melbourne CBD appeals to you, then look no further. This investment can land you a secure financial future in an ideal location with almost unlimited potential for growth.

Call the number above TODAY to make this business your own!

Business Snapshot

Price: $950,000 Takings: $35,000 p/w

Listing ID: 15203

Overview

  • Listing ID 15203
  • Status For Sale
  • Location MELBOURNE
  • State Victoria
  • Price $950,000

BROKER CONTACT

Ben Freeman
  Contact Us
  LINK Business Melbourne

551 Glenferrie Rd
Hawthorn VIC 3122

Tel : + (61) 3 9819 4211
Mail : email enquiry
Business Hours : M-F 9:00 - 5:00