Melbourne, Victoria 3000

KARAOKE BAR $950,000 (15203)

For Sale | $950,000


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!

Business Snapshot

Price: $950,000 Lease Options: 5+5+5



Ben Freeman

Marketing By

Ben Freeman

LINK, formerly Klemms


This Bars/Nightclubs Business is one of 182 businesses for sale in Melbourne City, Victoria, and one of 21 Bars/Nightclubs Businesses in this region that a business for sale currently has on offer. This Bars/Nightclubs Business is for sale in Melbourne City for the asking price of $950,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..