Premier Entertainment Destination

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$4,250,000 $1,856,173

Recreation: Entertainment

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RE: Premier Entertainment Destination Broker: MOCHE HAZOUT

Quick Facts

Asking Price: $4,250,000
Annual Revenue: $1,856,173
Net Profit: Not Disclosed
Cash Flow: $959,503
Total Debt: Not Disclosed
FF&E: $1,500,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 31
BBN Listing #: 9952630
Broker Reference #: 0101647381

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Business Overview:

$3.5 million invested in the expansive complex of one of South Florida’s premier entertainment destinations, including 18 karaoke / private party rooms, of different sizes, built under the direction of a renowned architect team. The venue is equipped with cutting-edge audio and visual technology and offers a unique multimedia experience with more than 50,000 songs in multiple languages. Guests can enjoy an exclusive in-room fine dining experience, with gourmet culinary options and an extensive wine, beer, and cocktail menu. The location has a full-size commercial kitchen with all top-of-the-line equipment. 11,000 square foot space in a prime location in south Broward, great lease. $250,000 4cop full liquor license. May qualify for a work visa. Please refer to listing number 0101647381, business broker Moche Hazout when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $8,400; Square Footage: 11,000; Building Type: Strip Center; Terms & Options: Available; Expiration Date: 11/20/2024.

Market Competition and Expansion:

Non Compete : Miles: 20 Years: 3

Reason for Selling:

Other Interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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