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Large Bowling Center - Extra Income Streams
Location: United States -> Colorado
Industry: Entertainment and Leisure > Billiards and Bowling




Business Summary

Cash flow has increased last four years in a row, that's rare indeed! Large very well established business. The present owner has made many improvements to the property. This center has a seven day liquor license, pro shop and full service restaurant. The building and property are in good condition but may need some minor improvements. Nice Cosmic bowling program and other amenities as well with other income. Comes with real estate and this is a 100% smoke free facility.

This business income comes from about 35% League Play and 65% Open which is a good mix. There is a good bowling shot with a number of 300 games each year. Has a new style oiler and stripper machine that puts out a consistent shot every year. Asking price $2.5M and that will include some upgrades to the property estimated at $200,000 or a little less, but will be determined by sales price. Call Louis Chapman today at 479-285-1665.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,200,000
Cash Flow:   $310,000
Cash Flow Type:  EBITDA
Inventory:  $880,000
Seller Financing:  Yes

About The Business

Year Established:  1960
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes will train as long as needed
Reason For Selling:  Retiring




Print Listing Id: 700209000
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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 > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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