Large Bowling Center - Extra Income Streams

Listing ID: 700209000

Listing Title: Large Bowling Center - Extra Income Streams

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Industry: Entertainment and Leisure

Industry Segment: Billiards and Bowling

Country: United States

State / Province: Colorado



Asking Price Range: $1.0M - $2.5M

Gross Revenues: $1,200,000

Cash Flow: $310,000

Cash Flow Type: EBITDA

Year Established: 1960

Number of Employees: 10 - 19

Business Description:
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.

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