Northeast Indiana Bowling Alley with Real Estate Included

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Asking Price:
$800,000

Gross Revenue:
$460,739
Cash Flow:
$119,333
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$9,000
included in asking price

FF&E:
$85,000
included in asking price

Real Estate:
$550,000
included in asking price

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Business Description

This Northeast Indiana Bowling Alley is a good blend of past and present. Attracting Millennials seeking an experience, it’s the perfect blend of tradition and technology. Shoe and ball rental along with 18 lanes provide a step back in time. In the meantime, flat-screen displays, automatic scoring, and free Wi-Fi are just some of the modern touches found here.

Housed in a 16,000 square foot facility, the bowling alley’s other traditional aspects include locker rental and an arcade. Arcade games create a 1980’s vibe while new carpet and other upgrades keep it modern. Bowlers enjoy a great meal at the concession stand or lane side. Anyone looking for an adult beverage finds it at the full bar.

Not only does this bowling alley attract Millennials, but it is also home to several leagues with nearly 600 members. It also hosts youth bowling. An in-house pro shop provides custom fittings, balls, bags, shoes, accessories and more. In other words, it’s a great place for league and casual bowlers to get what they need to up their game.

Bowling is a fun way to celebrate. In fact, every year, 10 million children have birthday parties in bowling alleys. This alley is no exception. They provide party packages at affordable prices. Of course, they are perfect for holidays, corporate events, and fundraisers too. As a result of being close to major roads, they are easy to find. The large lot, with 150 parking spaces, easily accommodates crowds.

This bowling alley for sale is in a great community. The area in northeastern Indiana is rapidly growing. New housing and businesses, as well as new roads and upgraded utilities are part of this growth. Moreover, it has a low crime rate, making it a great place to live and work.

This Northeast Indiana Bowling Alley is ideal for a league or casual bowler wanting to provide the next generation with a good time.

About the Business

Location:
Indiana
Year Established:
1957
Real Estate:
Owned
Building Sq. Ft.:
16,000
Facilities:
16,000 sq. ft. space, available for lease or purchase
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About the Sale

Reason For Selling:
Pursuing other, non-related business opportunity
Training/Support:
Seller will negotiate a transition period

Listing Info

ID:
1681251
Ad Detail Views:
110

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Indiana Business Advisors

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