![[BBS-082] Karaoke Bar and Night Club for Sale in Adelaide](https://ik.imagekit.io/og2qfmlopB2S/390772_1772683209_large.webp)
![[BBS-082] Karaoke Bar and Night Club for Sale in Adelaide](https://ik.imagekit.io/og2qfmlopB2S/390772_1772683213_large.webp)
![[BBS-082] Karaoke Bar and Night Club for Sale in Adelaide](https://ik.imagekit.io/og2qfmlopB2S/390772_1772683216_large.webp)
![[BBS-082] Karaoke Bar and Night Club for Sale in Adelaide](https://ik.imagekit.io/og2qfmlopB2S/390772_1772683219_large.webp)
![[BBS-082] Karaoke Bar and Night Club for Sale in Adelaide](https://ik.imagekit.io/og2qfmlopB2S/390772_1772683223_large.webp)
![[BBS-082] Karaoke Bar and Night Club for Sale in Adelaide](https://ik.imagekit.io/afrlk9q48/tr:w-108,h-80,f-auto/390772_1772683209_large.webp)
![[BBS-082] Karaoke Bar and Night Club for Sale in Adelaide](https://ik.imagekit.io/afrlk9q48/tr:w-108,h-80,f-auto/390772_1772683213_large.webp)
![[BBS-082] Karaoke Bar and Night Club for Sale in Adelaide](https://ik.imagekit.io/afrlk9q48/tr:w-108,h-80,f-auto/390772_1772683216_large.webp)
![[BBS-082] Karaoke Bar and Night Club for Sale in Adelaide](https://ik.imagekit.io/afrlk9q48/tr:w-108,h-80,f-auto/390772_1772683219_large.webp)
![[BBS-082] Karaoke Bar and Night Club for Sale in Adelaide](https://ik.imagekit.io/afrlk9q48/tr:w-108,h-80,f-auto/390772_1772683223_large.webp)
*** UNDER OFFER ***
This is an unparalleled opportunity to take over this longest established Karaoke Bar and Night Club in Adelaide CBD. The current owner has been running this business since 2014.
Executive Summary:
• Prime location in Hindley Street
• Spacious trading area of over 700sqm
• Spacous beer garden
• Two separate function areas
• 17 private Karaoke lounges
• Fully under management which allows for low touch of ownership
• Current lease expires in 2030 with options of 5 + 5
• Annual Revenue (FY 2025) over 1.6million with EBITDA approx. $236k
This Karaoke Bar and Night Club offer an exceptional entertaining experiences with an emphasis on one-stop, individually customized entertainment in a spacious area of over 700sqm, in a prime night life street. This enhances its appeal as both an entertaining and social destination.
This premise holds a liquor licence for 400 capacity from 3pm to 3am weekly. With seating for 400 in total, that is 300 in ground floor containing two function areas and beer garden, and 100 in upstairs with 17 private Karaoke rooms. Current operating hours are 6pm till 3am on Thursdays and Sundays, 3pm to 5am on Saturdays and Sundays.
Currently under management, staffed by a dedicated team that ensures smooth day-to-day operations and sustainable growth of the business.
The Team is consisting of 7 subcontracted security guards rotating, 5 DJs and 7 regular operating staffs, plus additional "rock stars"/casuals whenever events come through.
This business is now poised for new ownership to take it to the next level. This is a unique opportunity to build on a strong establishment of excellence and continue the success of of this outstanding business.
If you are interested, please contact the agent below for more information and assistance.
Agent: James Zheng
M: [Phone Number Censored]
E: [Email Censored]
Disclaimer:
While every care has been taken to verify the accuracy of the details in this advertisement/profile of business, Zendam Real Estate Group T/A Delta Business-Adelaide CBD cannot guarantee its correctness. Prospective buyers need to take necessary actions to satisfy themselves of any relevant matters.
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