Asking Price: $900,000 Gross Revenue: $1,629,995Cash Flow: $613,373EBITDA: $613,967Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $3,400,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
• 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
Number of Employees:
Building Sq. Ft.:
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.
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.
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.