Unique Rural Entertainment Center
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1950
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Owner will train on all aspects of the business.
Reason for Sale Retirement.
Description This is a unique facility and business in a beautiful location. It is an entertainment business that has the unusual ability to attract families with children as well as an adult crowd. The core of the business consists of a 12 lane bowling center and a restaurant that have been highly modernized over the years. With 16,000 sq. ft. of building space with high ceilings, it is considerably larger than a typical 12 lane bowling center. The extra space is utilized to offer additional lines of entertainment and host various events that work well with the three profit centers of bowling, food and beverage. The feel of the place is a little reminiscent of a scaled down Dave & Busters. The core business is doing well and has been growing steadily over the years.
The other interesting aspect of the business is all the land that is available for development. With 25 acres it has the ability to run diverse outdoor events and activities. There is also the potential to add campgrounds or an upscale RV park . The current owner hasn't pursued the campground direction himself because he wishes to sell and retire. However, he feels they would bring in significant additional sales to the existing business plus generate a profit on their own. They could be constructed and operated at somewhat of a savings because some of the ancillary facilities are already in place and could be shared and some of the operating staff could be shared as well. This is listed at $700,000. The owner will hold a 20% note. Email or contact me at 585-637-3640 for more information on this Entertainment Center for sale.
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