Link Business

Highly Profitable Karaoke Bar, Asking $750,000 (15707)

Listing: #ME01190
price

$750,000

Profit

Refer to Broker

industry

Industry

Food / Hospitality

Type

Retailer,


Timothy Hau

Broker | Melbourne (formerly KLEMMS)

Timothy Hau

timothy.hau@linkbusiness.com.au

+61 3 9819 4211

+61 402 114 499


About this Business for sale in

Highly Profitable Karaoke Bar, Asking $750,000 (15707)
BE QUICK! This will NOT last! Here is a rare opportunity to purchase a long-established and highly profitable Karaoke bar, located in Melbourne's bustling south eastern suburbs. Positioned in a VERY busy shopping complex amidst major retail outlets, food outlets, cinemas, apartments, hotels and a major shopping centre, this business sees constant heavy foot traffic. Showcasing a modern contemporary fit-out that has a full commercial kitchen and bar, this superb karaoke bar is perfectly suited for an owner operator or for visa purposes! Features of this highly profitable karaoke bar include: *Taking approx. $25,000 p/w *Profit margin of 50% *Long established business *VERY busy shopping complex location *Modern contemporary fit-out *Full commercial kitchen and bar *3:00 am liquor licence *Seats up to 78 patrons Location: Melbourne Victoria Category: Karaoke Bar Restaurant Bar For more information contact Timothy Hau from LINK, formerly Klemms on the below: Phone: 0402 114 499 Email: timothy.hau@linkbusiness.com.au
Melbourne (formerly KLEMMS)
timothy.hau@linkbusiness.com.au
+61 3 9819 4211
+61 402 114 499

Timothy Hau

Enquire Now

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.