Bowling Alley and Nightclub w RE nets $600K

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Asking Price:

Gross Revenue:
Cash Flow:
 Not Disclosed

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included in asking price

Real Estate:
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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:
Number of Employees:
Real Estate:
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.
Market Outlook/
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.
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About the Sale

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

Listing Info

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Business Listed by

Bill Blumberg

Prime Investments

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Sponsoring Broker:

Don Naideck
Prime Investments

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

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