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Wnc Bowling Center & Pizza Parlor
Location: United States -> North Carolina
Industry: Entertainment and Leisure > Billiards and Bowling




Business Summary

16,000 SF building and 1.75 acres, valued at $1,300,000. Located in college town. Recently upgraded bowling equipment to 2017 AMF specs in scoring, software and hardware. Cost of $150K to repair all HVAC, 21 TVs, all booth, chairs & bar stools, bowling shoes and balls, racks and floating bars. Added Pizza parlor approx.

3 months ago, $25K to buy new Waring Professional Pizza Oven, Migali Pizza prep station and refrigerator, Ice Tech Pizza freezer, Mantiwac high capacity ice maker and prep tables for pizza parlor.

The average income for the bowling center was $200k, without the pizza parlor. The pizza parlor, which will add at minimum of $102K new sales. Currently 30 pizzas per day at $11 per pizza. Also rebuilt (3) $6,000 Murrey professional 8.5 foot pool tables, which are now generating $1,200 per month for a total of $14K. Thus, have added $116K per year with the improvements. CPA has instructed owner to pay quarterly taxes on projected income of $360K.

Price: $1,100,000. Call (828) 342-2060 for more info.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $360,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2000
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks, no cost.
Reason For Selling:  Retirement due to health reasons.

Photos

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Wnc Bowling Center & Pizza Parlor Photo 1




Print Listing Id: 700273075
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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