Karaoke Entertainment
Relocatable, NJ Camden County
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- RE: Karaoke Entertainment
- Contact: Joe Chiarello
Quick Facts
| Asking Price: | $600,000 | |
| Annual Revenue: | $731,914 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $217,964 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $130,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 10 | |
| BBN Listing #: | 942522 | |
| Broker Reference #: | 3403-18266 |
Business Overview:
You only need 10% ($60,000) down to purchase this successful business! This business has already been lender approved. You will earn $127,000 after paying loan also in the first year getting your 10% back in 8.5 months!!Â
This is a karaoke entertainment business that can handle multiple events at one time at their facility. They are BYOB (beer and wine) plus have local places that will bring food to their customers. Great entertainment for corporate parties, families, friends, etc.
- Email list over 5,000 and Instagram followers over 3,800
- 66% of bookings are onlineÂ
- 4.9 google ratingÂ
- There is no direct competitionÂ
- Restaurant partnerships that generate fixed margin on all food
- Owner oversees the operations and has a full-time managerÂ
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Assets = $330,500
Reason for Selling:
Retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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