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Profitable Japanese Karaoke Lounge In Miami Dade For Sale

Miami Dade, Florida
Asking Price:
$175,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$468,749 (USD)
Cash Flow:
$163,048 (USD)

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 $100k down.

Property Information

Premises Details:

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

Business Operation

Reasons for selling:

Relocating.

Trading hours:

Monday-Sunday 6pm-3am

Employees:
2 FT / 6 PT
Years established:
4 years

Other Information

Support & training:

Will train for 3 weeks @ no cost

Financing available:

$100,000 down/$75,000 for 24 mos. @ 8%

Furniture / Fixtures value:
$60,000 (USD) - included in the asking price
Inventory / Stock value:
$2,000 (USD) - included in the asking price

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