Sydney CBD
NSW
$230,000
Karaoke - Under Management - Profitable - Sydney CBDPrice: $200,000Net Profit: $3,049 |
Visit this listing at https://www.sbx.com.au/business?id=PM1063 |
|
Business Code: PM1063 Key Features: Karaoke - Under Management - Good Profits - Huge Potential - $16,500 sales p.w. 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
* 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$200,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Karaoke - Under Management - Profitable - Sydney CBD
Business Code: PM1063Price: $200,000
+ Estimated Stock (SAV) $10,000
Key Features: Karaoke - Under Management - Good Profits - Huge Potential - $16,500 sales p.w.
State: NSW
Location: Sydney CBD - Great high traffic central location.
Business Overview
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.
Summary
- Key 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: 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
- 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. Motivated Vendor - All serious offers considered - Price reduction
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
$200,000
+ Estimated Stock (SAV) $10,000
Enquire about this listing
All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.