Wnc Bowling Center & Pizza Parlor


Listing ID: 700273075

Listing Title: Wnc Bowling Center & Pizza Parlor

Quick Link: http://www.globalbx.com/listing.asp?bId=273075

Industry: Entertainment and Leisure

Industry Segment: Billiards and Bowling

Country: United States

State / Province: North Carolina



Asking Price Range: $1.0M - $2.5M

Gross Revenues: $360,000

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2000

Number of Employees: 6 - 9

Business Description:
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.

« Close this window »