Bowling Alley and Nightclub w RE nets $460K

Contact Seller
Upscale Hi-Profit Bowling Alley and Nightclub
Asking Price:
$900,000

Gross Revenue:
$1,600,000
Cash Flow:
$460,000
EBITDA:
$460,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$3,400,000
not included in asking price

Share this business:

Business Description

This luxurious Bowling and Family Entertainment Center re-defines bowling for the 21st Century! Sleek and modern,this completely rebuilt facility offers:
• luxury bowling with lane-side service utilizing Brunswick’s Bowling Vector Plus POS software that features user-controlled hi-tech displays
• billiards
• a high-tech arcade with the latest video and redemption games
• a sophisticated upscale restaurant
• an event party-room/nightclub with a DJ booth and bar capable of hosting large events.
Revenues are generated by a healthy mix of private and corporate clients. Approximately 60% of revenue comes from walk-ins; 30% from parties/events (corporate and private); and 10% from the restaurant lounge. Approximately 65% of business is private; 35% is corporate.

About the Business

Year Established:
2011
Number of Employees:
12
Real Estate:
Owned
Building Sq. Ft.:
43,713
Facilities:
Millions of dollars have been invested into upgrading the business facility. The entire interior of the building was gutted and rebuilt with a new floor plan. Renovations included replacing all plumbing, electrical and mechanical systems as well as installing all new bowling, kitchen and lounge equipment and fixtures. Real estate MUST be purchased in conjunction with the business. Real estate price is $3.4 million (below appraised price). Bowling center and 5 other tenants generate a combined annual rental income in excess of $300K.
Market Outlook/
Competition:
This facility is the only upscale Bowling/Family Entertainment Center in its market.
Growth & Expansion:
Revenues have been increasing steadily, and should continue to increase as the facilities' 7000 s/f party room/lounge area is more fully utilized by booking both corporate and private events.
Contact the Seller

About the Sale

Reason For Selling:
Other business interests.
Training/Support:
The owner will train and familiarize the buyer with all aspects of the operation after closing.

Listing Info

ID:
1481867
Ad Detail Views:
2554

Contact the Seller
$
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

Bill Blumberg

Prime Investments

 Show Phone Number

View My Active Listings
Sponsoring Broker:

Don Naideck
Prime Investments

U.S. Census Data for Maryland
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Maryland
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
;