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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Karaoke With Rooms For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $120000
Net Profit / Cash Flow  $30000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2006
Number of Employees  4 - 5
Inventory  $30,000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  30 days training.
Reason for Sale  Starting an imagery mug / tableware wholesale business.
Description  For sale is the ONLY Chinese/U.S. Karaoke in San Diego Located on a busy street(Convoy street, San Diego) Average monthly net profit $4,000. 5 years of business. Never had one month of negative net profit! Landlord agrees to give 2 month free rent for current lease renewal ($9,000+ value) and remodel the restroom. 3,000 sq ft total rent at only $4,750 LOCKED for the next three years Store description: We rent out rooms for people by hours to practice karaoke. Spent over $160,000 in inital remodeling. 10 rooms with complete sound deadening done. Largest VIP/Birthday room with dance floor and 60inch TV along with enough space for 30 people. Bar space for Tea/snack. (No liquor license) Carpet all around, (including walls for better sound deadening). LCD TV, sofa, stereo amplifier all in good condition. Commerical central data based song server. Over 30,000 current U.S/Chinese song. Equipment alone valued over $25,000 (already adjusted for depreciation) Steady business with reasonable low rent while being on a busy street. The ONLY Chinese Karaoke in 200 mile radius. Over 70 parking in the Plaza. Reason for sale is because we are starting a new business on dinning ware/imagery Mugs and needs more capital. Asking price $49,500 or best offer. Low priced selling price for a fast sale. Will Provide 30 days Training for smooth business transition. Contact for more information on this karaoke for sale.
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