Karaoke - Under Management - Profitable - Sydney CBD - Sydney CBD - (Code: PM1063)
Karaoke - Under Management - Good Profits - Huge Potential - $16,500 sales p.w.
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Price: $200,000
Weekly Takings (inc GST)
$16,370
Cost of Goods
$2,500
Gross Profit
$13,870
Rent
$3,880
Wages
$3,800
Outgoings
$1,000
Telephone
$25
Insurance
$866
Electricity
$200
Gas
$
Misc 1
$350
Misc 2
$700
Total Expenses
$10,821
Net Profit
$3,049
Coffee Kilos P/W
0.0
Estimated Stock
$10,000
(Additional)
Equipment
$
(Included)
All other values exclude GST
General 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
* 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
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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.
SBXPM1063
For more details please call (02) 9439 4403 or
click here to register with us.
SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.
SBXPM1063
For more details please call (02) 9439 4403
or click here to register with us.