High-Energy Nightclub In OKC's Bricktown

Location: United States -> Oklahoma -> Oklahoma City
Industry: Bars and Nightclubs > Nightclubs

A Dynamic Concept. Our Client’s idea of a bar is expressed by its varying, sophisticated decor. The intention was to introduce a new image to Oklahoma and Bricktown. Special lighting creates the mood of the season and the feel of the night life trend. The bar for sale is decked out for special parties. It is truly amazing to see the inside of the bar, dance floor and the patrons dressed in their trendiest … all glowing in the dark with the special lighting. The drink menu offers many variations of import / domestic beer, wine and champagne plus the Bar’s own signature drinks. Open 4 nights a week and caters to a younger clientele.

Other considerations: Distinctive, vibrant, high-end sound system with interactive lighting, unique party themes, VIP Room with special amenities, well-trained staff offers excellent customer service, FFE and inventory included in asking price, positive traffic flow from hotels, sports, conventions, concerts and other social events in the downtown area. Manager will train for a negotiable period. In addition, there is another manager and 2 bartenders who are expected to remain with the business.

Located in Bricktown, OKC’s hottest entertainment area. 4,000 sq ft with a capacity of 175. Convenient parking. Bricktown’s visitor count is over 10 million annually. This number is sure to increase with the coming of the Oklahoma City Thunder.

This business represents an opportunity for bartenders, others in the trade or anyone wanting their own special niche in the entertainment industry. Act now to acquire a ”turn-key” operation with no start-up headaches. Potential for growth opportunities and a demand for specialized attractions in Bricktown are great and there is no reason to believe this trend will not continue in the years to come. Projected Sales for 2009 are $450,000.

Financials

Asking Price Range: $250K – $500K
Gross Revenues: $250,000
Cash Flow: $99,000
Cash Flow Type: EBITDA
Seller Financing: Yes

About The Business

Year Established: 2003
Number of Employees: 4 – 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable

About The Sale

Reason For Selling: Owners live out-of-state.