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Seneca Bowl For Sale
Location: United States -> Kansas
Industry: Entertainment and Leisure > Billiards and Bowling




Business Summary

Seneca Bowl is a well-kept, traditional 36-lane bowling facility located in the growing city of Wichita, Kansas. The 32,122 square foot building was constructed in 1960 with block construction and sits on a large 133,000 square foot lot (just over 3 acres) with more than ample parking.

The center is equipped with 36 lanes of fully functional bowling equipment including Brunswick synthetic lanes, ball returns & masking units as well as Qubica scoring system & automatic bumpers. The pinsetters are Brunswick A with Zot conversion & are in top shape.

Seneca Bowl boasts other amenities that offer a complete bowling entertainment experience including a large lounge/restaurant that seats up to 80 customers, a snack bar, a sizable & profitable pro shop, an extra party room and a small arcade with 10+ units.

While competition is prevalent throughout the Wichita market, the demographics show that the surrounding area has more than enough population with desirable disposable income to support an optimistic growth forecast with the right management team in place for the foreseeable future.

Buyer will be required to purchase real estate with business. Price of real estate is not included in price of business.
The business was founded in 1960 by Tom Carter as a 16 lane bowling center. He added an additional 20 lanes in 1961. The Frazier family - the current owner - purchased the business in 1982.
This is the best league and recreational bowling center in the region.
Youth bowling and additional leagues represent the bet growth opportunities.
36 lane bowling, pro shop, food/bar service. One party room. A variety of video games. All facilities and equipment are in perfect condition. Seven of nine HVAC units are relatively new. Carpet is only 5 years old.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,166,568
Cash Flow:   $265,072
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $215,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1960
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  3 weeks
Reason For Selling:  retirement




Print Listing Id: 700363543
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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 > Kansas Businesses For Sale > Kansas Franchises For Sale > Kansas Business Brokers



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