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Established Bowling Center
Location: United States -> Illinois -> Champaign County
Industry: Entertainment and Leisure > Billiards and Bowling




Business Summary

This listing is for a well-established bowling center located in east/central Illinois that is available to a qualified buyer. This entertainment center features 24 lanes, a full-service bar & restaurant and game room. There is also a banquet hall with a private entrance, private restrooms, a corner stage and concession space with seating for 200 people. The banquet hall is used for special events like wedding receptions, parties, family gatherings, corporate events and much more. The business features bowling leagues for men and women as well as youth bowling. They have a large base of customers and an excellent reputation in their marketplace. Over $800,000 in assets is to be transferred with the sale of the business. This includes the real estate which is valued at $600,000. There is dynamic growth potential with this business. The simplest way to grow the business would be to open it year-round. It is currently only open for half of the year. Adding video poker machines will also add to the bottom line as well. This, on average, increases an owner's profit by over $50,000. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $575,000


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $109,030
Cash Flow:   $58,909
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $249,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1965
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will train the buyer for 4 weeks at no cost
Reason For Selling:  Retirement




Print Listing Id: 700334031
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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 > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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