Bowling Alley For Sale

Listing ID: 700350571

Listing Title: Bowling Alley For Sale

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Industry: Entertainment and Leisure

Industry Segment: Billiards and Bowling

Country: United States

State / Province: New York

Area All of New York

City: Brooklyn

Asking Price Range: $5.0M - $10.0M

Gross Revenues: $800,000

Cash Flow: $1,250,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1959

Number of Employees: 6 - 9

Business Description:
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

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