Karaoke/Restaurant For Sale

Fairfax, VA (Fairfax County)

Seller Financing Available
Karaoke room
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Asking Price: Get Financing: $350,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $10,000

Lease Rate: N/A /SF

Established: 2017

Karaoke/Restaurant For Sale

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Business Description

Karaoke/Restaurant with nightclub For Sale

Nice Restaurant/Nightclub with 7-room Karaoke Bar facility available for sale. Among the very few remaining nightclub and karaoke bar in Annandale. 60% of the business is mainstream. The restaurant serves authentic Asian on the restaurant side. However, the majority of the business is from nightclub and karaoke. Located on a busy major thoroughfare of Fairfax County, VA. Business is growing.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Employees:
17
Facilities:
Renovated Lounge for Nightclub/Karaoke. 7-room karaoke that can accommodate from 5 to 15 people/room. Restaurant serving authentic food with bar
Competition:
Own niche. Many different ways to grow depend on the new owner's preference.
Growth & Expansion:
Own niche. Many different ways to grow depend on the new owner's preference. Can be formal restaurant with music.
Financing:
Owner will consider, case by case
Support & Training:
Seller will help during transition.
Reason for Selling:
Business Consolidation
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Contact the Seller

(from currently available funds)
 
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James Pham

Business Listed By:
James Pham

Westgate Business Group, LLC

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Sponsoring Broker:
Vinh Nguyen


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