Glen Waverley, Victoria 3150

Highly Profitable Karaoke Bar, Asking $750,000 (15707)

For Sale | $750,000

Restaurant

BE QUICK! This will NOT last!
Here is a rare opportunity to purchase a long-established and highly profitable Karaoke bar, located in Melbourne's bustling south eastern suburbs.
Positioned in a VERY busy shopping complex amidst major retail outlets, food outlets, cinemas, apartments, hotels and a major shopping centre, this business sees constant heavy foot traffic.
Showcasing a modern contemporary fit-out that has a full commercial kitchen and bar, this superb karaoke bar is perfectly suited for an owner operator or for visa purposes!

Features of this highly profitable karaoke bar include:
*Taking approx. $25,000 p/w
*Profit margin of 50%
*Long established business
*VERY busy shopping complex location
*Modern contemporary fit-out
*Full commercial kitchen and bar
*3:00 am liquor licence
*Seats up to 78 patrons

Location: Melbourne Victoria
Category: Karaoke Bar Restaurant Bar

For more information contact Timothy Hau from LINK, formerly Klemms on the below:
Phone: 0402 114 499
Email: timothy.hau@linkbusiness.com.au

Business Snapshot

Price: $750,000 Lease Options: Lease 5+5 / Lease Commencement: 4/4/2020

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Timothy Hau



Marketing By


Timothy Hau

LINK, formerly Klemms

Overview

This Restaurant Business is one of 47 businesses for sale in Mulgrave, Victoria, and one of 13 Restaurant Businesses in this region that a business for sale currently has on offer. This Restaurant Business is for sale in Mulgrave for the asking price of $750,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..