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Listing No.: 101-16258
Category: Bar/Liquor, Food - Fast Food, Food - Restaurant
Asking Price | $490,000 |
Down Payment | $400,000 |
Gross Revenue | |
Total Adjusted Net Income | |
Equipment / Fixtures | $250,000 |
Year Established | 2010 |
General Location |
A Great Opportunity! A Beautiful Asian Concept Bar & Restaurant and Karaoke room club for sale! Over 9,500 Sq. Ft., 14 karaoke rooms, dancing floor, stage, and beautiful bar lounge. The seller invested more than $800K for the interior, and you must see the location. The seller requires financial statements and an NDA sign before disclosing the information. For a quick response to your inquiry, please contact the listing agent.
Gross Revenue | Listed Price | $490,000 | |
Total Income | Down Payment | $400,000 |
Base Rent | $8,820 | Square Feet | 9800 |
Total Rent | $13,230 | Lease Expiration | 11/2026 |
Rent Deposit | $20,000 | Lease Options | 1/5 |
Inventory | $2,000 | Leasehold Improvements | $700,000 |
Equipment / Fixtures | $250,000 | Other Assets |
Full-Time Employees | 5 | Training Period | One week |
Part-Time Employees | 3 | Special License Required | Liquor, Beer & Wine |
Contract Staff | Reason for Selling | Going out of country for a while |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.