Karaoke Bar with rooms.

Manhattan, NY (New York County)

Seller Financing Available
Karaoke Bar with rooms.
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Asking Price: $350,000

Cash Flow: $180,000

Gross Revenue: $410,000

EBITDA: $230,000

FF&E: N/A

Inventory: $7,000*

Rent: $6,800 /Month

Established: 2005

*not included in asking price.

Karaoke Bar with rooms.

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Business Description

Very easy to run as Absentee owner. Prime location, high profit, good lease. Full Liquor license. $450,000 invested. Building CO is intact for the safety. Will show the 2 years credit card statement after the price is agreed.
50% credit cards and 50% cash sales. Easy showing.
No experience necessary, great investment for the anyone. Must sign NDF with broker.
email: brokerleo@hotmail.com or
text 201 328 4324.

Detailed Information

Location:
Manhattan, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
11/28/2024
Employees:
1 ft.1 pt.
Facilities:
1700sf .9 rooms.
Competition:
Not much.
Growth & Expansion:
Needs more advertisement and new owner management.
Financing:
Some possible if qualifed
Support & Training:
Seller will hand over all the needs for the buyer.
Reason for Selling:
Health and retirement.
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Contact the Seller

(from currently available funds)
 
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Leo Yeo

Business Listed By:
Leo

NYNJ Business,LLC.

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