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Bowling Alley For Sale
Location: United States -> New York -> All of New York -> Brooklyn
Industry: Entertainment and Leisure > Billiards and Bowling




Business Summary

Profitable, Positive Cash Flow High Volume Iconic Fully Stocked and Functional Turn-Key Bowling Alley For Sale In Brooklyn New York
Iconic Building and Bowling Alley With Over 60 Years Of Profitable Operation = Open Since 1960
32 Lanes of Bowling
All Bowling equipment is 100% operational and ready to use = lanes, bowling ball return machines, bumpers, pinsetters, and automatic scoring systems.
Multiple Profit Centers:
1. Bowling Open To The Public
2. Bowling Open For Leagues
3. Bowling Open For Schools, Camps and private events
4. Shoe Rental
5. Pro Shop (Fully Stocked) (List items in pro shop)
6. Snack Bar Food and beverage Concession
7. Bar with full alcohol license
8. Vending Machines (X amount Of Vending Machines)
9. Arcade Games, Locker Rentals
10. Private Party / Function Room Available For Rentals
11. Cosmic Bowling
12. Fully automatic scoring and POS system
Building Size = 26,000 SQ Feet
1 Story + Mezzanine
SIC Code 7933
NAICS CODE 713950
Bowling Industry Facts
- Bowling is a $10 billion global industry, and valued at $6 billion in the USA
- There are 67 million people who bowl at least once a year.
- There are more than 2 million people who belong to the United States Bowling Congress.
- The average person spends 2.5 hours when visiting a bowling center
- Average HH Income is $71,200.
- Over the past 30 years, the industry has been quite profitable and has regularly generated above-average returns on investment and levels of EBITDA. During that period, the rate of bowling-center loan failures and defaults has been minimal.

- The league structure provides remarkably stable and predictable levels of revenue and cash flow.

- Bowling is among the relatively few industries which thrive on ''recurring revenues.'' Many financial analysts endorse businesses which must sell a customer only once to create an automatic, on going stream of future revenues by providing continuing services to that customer. In bowlin


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $800,000
Cash Flow:   $1,250,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  No

About The Business

Year Established:  1959
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Will discuss
Reason For Selling:  Owner is retired




Print Listing Id: 700350571
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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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