Large Bowling Center - Extra Income Streams
Location Colorado,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1200000
Net Profit / Cash Flow $310000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1960
Number of Employees 10 - 19
Inventory 880000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Yes will train as long as needed
Reason for Sale Retiring
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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