O Club Bar & Grille Nightclub in North Conway, NH
Liquor Businesses for Sale
- Primary Category: Restaurants for Sale
PRICED REDUCED BY MOTIVATED SELLER. The O Club Bar & Grill was established in 2019 by the current owners. It currently operates as an LLC. The real estate is leased.
Offered for sale is the business entity, including all tangible and intangible assets. The building is in very good condition and the interior space was completely renovated in 2019. The floors and ceilings were redone, new furniture added, bar tops and counter tops rebuilt, a new camera system was added, a new HVAC system was installed, the kitchen was upgraded, a new DJ booth was installed, new pool tables were brought in, and a new POS system was implemented.
The nightclub area features a 140-inch video wall which has live video mixing including all trending hits played over a state-of-the-art sound system with an elevated DJ booth.
The club offers 10 flat screen televisions featuring popular sports programming, 12 9’ pool tables, a ping-pong table and two dart boards. There is also a full-service kitchen which serves food throughout the hours of operation.
The O Club Bar & Grill is family-friendly and welcomes families to play pool, darts, ping-pong, and video games as the club is open to those under 21 until 9pm.
Financial Information
- $235,000 Asking Price
- $54,887 Cash Flow
- $510,049 Gross Revenue
- Negotiable Down Payment
Business Location
- City: North Conway
- State: New Hampshire
Reason for Sale
- Seller is dealing with some disabilities which prohibit him from working the business and he is also planning a relocation out of state.
Detailed information
- Year Established: 2019
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 1
- Part-Time Employees: 10
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: On request
- Inventory Included: Yes
- Inventory Value: On request
- Monthly Rent: $5,000
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: $0
- Building Size: 6500
- FF&E Included?: Yes
- FF&E Value: On request
Training/Support
- The current owner is willing to stay on and train for two weeks after the transfer of the business at no charge and may be available on a paid consultant basis should that be important to the buyer.
Facilities
- The total area of the building is roughly 6500 square feet, with an occupancy capacity of 257. There is ample storage space and parking. The current lease in effect is a tenancy at will, at $5000 per month, but the seller is comfortable that the landlord will work with a new buyer in negotiating a lease that works for them.
Market Outlook/Competition
- This unique, multi-entertainment facility is a one-of-a-kind venue in the Mount Washington Valley area, and beyond. They are the only food/beverage/entertainment establishment in the area open after 10pm. Customer demand continues to be strong both from visitors and locals.
Business Listed by
Jay Polimeno
Sunbelt of New HampshireContact Business Broker
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