Karaoke bar listed on Vancouver Buy and Sell Facebook group

A local business is listed for sale in a rather unusual location, especially given its multi-million price tag.

A quick scroll through the “Vancouver Buy and sell Quick!!!!” The group on Facebook posts a variety of ads, ranging from a $20 fan to a $180 flat-screen TV to a $150 vintage phone. There are more expensive items, including cars worth over $60,000, but the lion’s share of posts are for smaller items.

But a recent registration on the social media platform will definitely slow down the scrolls.

Asking for a whopping $4.5 million, the listing for a 9,000 square foot karaoke bar on the corner of Oak and Broadway says the main liquor license allows the business to operate such as a nightclub, strip club or karaoke place.

The business includes 10 private karaoke rooms and five of the larger rooms have private restrooms. There are also two video walls, income-generating games, a large patio with patio furniture, four palm trees, and a “tailor-made” bar. The building offers underground parking and all furniture and fittings are included in the price.

Although trade name and formation are not included, seller notes that these terms are negotiable.

According to the post, the owners are “looking to retire” and are not using connections. An emphyteutic lease is in place in the building.

Privé Kitchen + Bar is a 9,000 square foot venue located at 1001 Broadway St. that opens in the evenings. It opened in the summer of 2019 as a karaoke game bar, offering an expansive patio and plenty of spots for “Instaworthy” photo ops in front of neon signs.

Photo via Ray Huynh/Facebook

karaoke-2.jpg
Photo via Ray Huynh/Facebook

Vancouver is awesome has contacted Huynh for comment and has not received a response at the time of publication.


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