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Nightclub And Karaoke Bar For Sale

Los Angeles, California - South, US
Asking Price:
$450,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Long established nightclub/karaoke bar in the heart of Los Angeles! The business comes with a 47 Liquor license, full kitchen and dance permit. Inside, the venue contains a stage perfect for live band, DJ or karaoke. The business caters to an identifiable neighborhood clientele and has been established in the neighborhood for many years. This opportunity is ideal for a buyer with nightlife experience; however, there is no special skillset needed to operate this business. The space is currently operating as a nightclub/karaoke bar but could also be a restaurant, speakeasy or live music venue. The current owner is not pushing the food element of the venue but the establishment comes with a full kitchen. The venue also has three (3) private rooms, currently utilized as private karaoke rooms. Seller is selling business to fund future creative projects. Rare opportunity to buy a full-scale nightclub in a trendy Los Angeles area. Call Alvin Papa

Property Information

Size in square feet:
3,000

Business Operation

Reasons for selling:

Funding for Motion Picture

Trading hours:

Mon-Sun, 8:30pm-2:00am

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

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price

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