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Big Bowling/Family Entertainment Center - Cash Flows at $265k

CO

Big Bowling/Family Entertainment Center - Cash Flows at $265k
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Asking Price: $1,250,000

Cash Flow: $265,000

Gross Revenue: $1,600,000

EBITDA: $265,000

FF&E: $450,000

Inventory: $33,000

Real Estate: $1,450,000*

Established: 1960

*not included in asking price.

Big Bowling/Family Entertainment Center - Cash Flows at $265k

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Business Description

Super-Sized Bowling and Family Entertainment Center

Long established, super-sized bowling and family entertainment center offers steady cash flow from a consistent and loyal customer base. The owner of the business owns the underlying property, and would either enter into a long-term lease with the buyer or would sell the property together with the business. The business is offered at $1.25mm with a 10 year lease on the space. The business and property are offered together at $2.7mm.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
40,000
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Super-sized bowling and family entertainment center on 2(+) acres with plenty of parking. Billiard tables and a video game arcade round out the entertainment options, and there is both a bar and a restaurant with plenty of seating.
Competition:
Limited.
Growth & Expansion:
Adding additional entertainment options such as Laser Tag and or Lazer Maze would increase traffic. There is currently very little advertising being done so any marketing budget would help growth.
Support & Training:
6 weeks, negotiable thereafter.
Reason for Selling:
Retiring
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(from currently available funds)
 
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John Hornblower

Business Listed By:
John Hornblower

VR Business Brokers Aspen, CO

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