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.
Potential
Update the existing Website and increase Online presence.
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.
Premises
15 karaoke rooms - 500k original fit-out
Location
Sydney CBD - Great high traffic central location.
Trading Hours
7 days - Monday to Sunday - 12 p.m. to 4 a.m.
Lease
Lease expires 4th April 2029 + One 5 year option - CPI Increases - Rental Bond $60,500. (three months)
Employees
1 fulltime + 8 casuals
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
