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

$750,000

Glen Waverley, Victoria

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

Features

Business Snapshot

  • Price: $750,000
  • Net Profit: $13,000
  • Lease Options: Lease 5+5 / Lease Commencement: 4/4/2020

Business Links / Tools

Last updated: 16th January 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Glen Waverley
State
 Victoria
Price
$750,000
Category
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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