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Best Beers, Burgers & Bowling In North Georgia
Location: United States -> Georgia
Industry: Entertainment and Leisure > Billiards and Bowling




Business Summary

Best Beers, Burgers & Bowling in North Georgia. This multiplex business provides quality entertainment and great food for young and old. Open 7 days a week in a quaint historic town located 77 minutes from Atlanta's spaghetti junction. The leased facility of 25,009 square feet holds 6 revenue generating, meticulously maintained businesses under one roof offered for sale as one entity:
A regional favorite restaurant and full-service bar including live entertainment stages for indoor and outdoor patio entertainment with a fireplace. The large HD flat screens, distinctive classic rock décor and premium sound system make this the place to party.
Now add competition pool tables, dart boards, multiple arcade games for kids and adults alike.
The true showpiece in this offering is the 16 PBAA certified synthetic bowling lanes and Brunswick A2 bowling machines for competition bowling, leagues and family fun. A full-service bowling center providing professional support, shoe rentals, bowling balls, ball drilling service, grip tape and ball cleaner. The lanes remain open to the public 7 days a week with exception for league nights and specially scheduled events. The lanes are scheduled annually for 32 weeks of league competition with 15 teams bowling 2 nights per week. All equipment is maintained daily by a 5-year, in-house mechanic and a regional PBAA Master mechanic on-call to ensure optimal performance.
A 450 seat Ballroom for special event planning and services. To include separate bathrooms and access designed for weddings, birthday parties, quinceañera celebrations, and community events.
With 15 years remaining on an assumable lease at $1.78 per square foot, current annual rate. Yes, that is correct and it includes taxes. The lease term was for 25 years when signed in 2011.
A unique business opportunity for a buyer seeking to operate a thriving, community centric, turn-key entertainment multiplex located in a historic North Georgia city providing a quality of life.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $599,757
Cash Flow:   $115,177
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $976,385
Seller Financing:  Not Disclosed

About The Business

Year Established:  2011
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  new business




Print Listing Id: 700364748
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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 > Georgia Businesses For Sale > Georgia Franchises For Sale > Georgia Business Brokers



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