MergerPlace

Profitable Japanese Karaoke Lounge

Florida (Miami-Dade)


  • Asking Price: $175,000
  • Gross Income: $468,749
  • Cash Flow: $163,048
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $60,000
  • Listing ID: #212474
  • Established: 2015
  • Employees: 2 FT / 6 PT

Business Description

Reason for Sale: Relocating- Profitable Japanese Karaoke lounge in Miami. Established since 2015 near a major college and busy upscale family community. 6 karaoke rooms fully equipped for private entertainment. 3500 sq ft facility. Sales for 2018 $400k+ with an owner benefit of $160k. Open 7 days week 6pm - 3am. Small kitchen with hood. Great seller financing with $125k down.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Miami-Dade

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT / 6 PT

Financial Information

Asking Price: $175,000
Gross Revenue: $468,749
Cash Flow: $163,048
FF&E: $60,000
Inventory: $2,000
Seller Financing Available: Yes

Property Information

Facilities:

3500 sq ft Retail location-Rent $7846- Lease expires 3-2021.

Reason for selling:

Relocating

Support & Training:

Will train for 3 weeks @ no cost

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers