Billiard Hall
Location Pennsylvania,United States
Asking Price Range $500K - $1.0M
Gross Revenues $500000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 6 - 9
Inventory 275000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 1 month.
Reason for Sale Retiring.
Description This well-established billiard parlor has been a mainstay in the community for over 15 years. Currently the owner works only 25-30 hours per week. All of the opening and closing responsibilities are shared between employees. This business tailors itself to a loyal customer base in a healthy like atmosphere. An active owner could easily replace one of the current part-time employees, adding up to $20,000 to the bottom line. There are over 15 tables in this immaculate parlor, a retail section for billiard sales, various games for entertainment, as well as a food and beverage concession. The business participates in several amateur and professional events. The company enjoys a great lease which has an option period after Dec 2009 for an additional 5 year term. Business revenue is broken down as follows: Pool / Billiards 63%, Food & Beverage 14%, Retail Sales 10% and Video games of 13%. Business includes a 24/7 surveillance system providing reliable and trustworthy security. Recreational businesses prosper in good and bad times. This business is no exception. Only financially qualified buyers will receive additional information. Business has been approved for SBA financing with $300,000 as a down payment. Contact for more information on this Billiard Hall for sale.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
