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Highly Regarded Billiards Hall
Location: United States -> New York -> New York City Area -> Kings County
Industry: Entertainment and Leisure > Billiards and Bowling




Business Summary

Highly Regarded Billiards Hall. This location was fully renovated in 2013 with all new tables and new HVAC. In fact they feature Diamond, Pro-Cut tables. They also host several pro-events and have a private party room. The location is 5,000 sq. ft. with a rent of $11,892/mth. A qualified buyer can obtain a 10-15 yr. lease. There is also a 4,500 sq. ft. basement. The space is open 7 days (Sun-Th 11a-2am, Fri 11am-3am, Sat. 10am-3am). The current owners have been here for 14 years and and are seeking to sell as one of them has a full-time job and cannot spend enough time here. The business is a solid money maker. In the past year they grossed approx. $430,000.00 with a net cash flow of approx. $100,000.00.

There is great upside in adding regular leagues, a full- liquor license (they currently have a beer & wine license), and online sales for the pro-shop. We are seeking a serious and financially qualified buyer with at least $150K in liquid funds to cover the asking price and deposits. To learn more, please call or email Mel Vaz today at 631-909-1095. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $430,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  150000 Down & $135K to be paid over 3 years @ prime plus 2.
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller will train buyer.
Reason For Selling:  One owner has a full-time job.

Photos

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Highly Regarded Billiards Hall Photo 1 Highly Regarded Billiards Hall Photo 2 Highly Regarded Billiards Hall Photo 3




Print Listing Id: 700284485
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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 > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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