Link Business Melbourne Phone : 03 9819 **** Ben Freeman
03 98 ****




KARAOKE BAR $950,000 (15203)

Listing Id : 272813

Location : Victoria - Melbourne

Category : Hospitality and Tourism, Bars

Asking Price : 950,000

Business description

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!


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