Sydney CBD
NSW
$299,000
Karaoke - Under Management - Profitable - Sydney CBDPrice: $395,000Net Profit: $3,049 |
Visit this listing at https://www.sbx.com.au/business?id=PM1063 |
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Business Code: PM1063 Key Features: Karaoke - Under Management - Good Profits - Huge Potential - $16,500 sales State: NSW Location: Sydney CBD - Great high traffic central location. DescriptionWell-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 * Selling price $395,,000 * 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. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$16,370Cost of Goods$2,500Gross Profit$13,870Rent$3,880Wages$3,800Outgoings$1,000Telephone$25Insurance$866Electricity$200Misc1$350Misc2$700Total Expenses$10,821Estimated Stock (Additional)$10,000Net Profit$3,049Price$395,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Karaoke - Under Management - Profitable - Sydney CBD
Business Code: PM1063Price: $395,000
+ Estimated Stock (SAV) $10,000
Key Features: Karaoke - Under Management - Good Profits - Huge Potential - $16,500 sales
State: NSW
Location: Sydney CBD - Great high traffic central location.
Description
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 * Selling price $395,,000 * 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.
Summary
- 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.
- Potential: Update the existing Website and increase Online presence.
- Premises: 15 Karaoke Rooms - 500k original fit-out
- Trading Hours: Monday to Sunday 12 pm to 4 am
- Lease: Lease Expires 4th April 2029 + One 5 year Option - CPI Increases - Rental Bond $ 60,500. (three Months)
- Employees: 1 fulltime 8 casuals
- Sale Reason: Other business interests
- Comments: Misc # 1 - Other expenses: Pest control, Waste disposal, Cleaning, Printing and Stationary, Merchant fees etc. Misc # 2 - Various other expenses.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$16,370
Cost of Goods
$2,500
Gross Profit
$13,870
Rent (ex GST)
$3,880
Wages
$3,800
Outgoings
$1,000
Telephone
$25
Insurance
$866
Electricity
$200
Misc1
$350
Misc2
$700
Total Expenses
$10,821
Estimated Stock (Additional)
$10,000
Net Profit
$3,049
Price
$395,000
+ Estimated Stock (SAV) $10,000
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.