TURNKEY KARAOKE & RESTAURANT OPPORTUNITY! Step into a fully equipped entertainment and dining concept featuring 8 private karaoke rooms, all equipment included, and a spacious Asian-themed restaurant with private dining booths and plenty of seating. The property offers a full commercial kitchen with hood system, walk in refrigerator and freezer making it ready to operate with minimal additional setup. Whether you want to continue the karaoke and Asian dining concept or bring in your own vision, this versatile space provides an excellent foundation for a wide range of restaurant and entertainment concepts. This is a true turnkey opportunity for an operator looking to launch or expand a restaurant, karaoke lounge, private dining venue, or entertainment business. With the infrastructure, kitchen, seating, private rooms, and karaoke equipment already in place, you can save significant time and upfront costs compared with building from scratch. Ready for your concept, your menu, and your brand — the possibilities are yours!
- Asking Price:
- $350,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Not applicable
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This is a leased location of 3,374 square feet with a Total monthly rent of $12,146. Lease ends 01/2030. Seller is active with 7 FT and 8 PT employees. Hours of operation are 5:00 PM - 3:00 AM, 7 days a week. $3,000 in inventory and $175,000 in FF&E included in the asking price. $125,000 made in leasehold improvements. Other Assets include Karaoke music equipment. Liqueur, Music rights, and Health license required.
- Size in square feet:
- 3,374
Business Operation
- Reasons for selling:
-
Other Businesses
- Trading hours:
-
Hours of operation are 5:00 PM - 3:00 AM, 7 days a week.
- Employees:
- 7 FT & 8 PT employees
- Years established:
- 9
Other Information
- Support & training:
-
Two (2) Weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Down Payment of $135,000 with balance paid over 12 months at 6% interest.
- Furniture / Fixtures value:
- $175,000 - included in the asking price
- Inventory / Stock value:
- $3,000 - included in the asking price
- Business closed / Asset sale:
- Yes
