THE Business for Sale Marketplace

Gross Revenue: $360,000

Gross Revenue Comments: Owners currently limit hours by choice.

Inventory: $3,000 (Included in Asking Price)

FF&E: $236,000 (Included in Asking Price)

Real Estate: $384,000 (Included in Asking Price)

Seller Financing: Unknown

This 20-lane bowling alley has plenty of character and is housed in a very large 23,000 s.f. building with a 2,100 s.f. apartment upstairs which rents for $975 per month. The bowling alley features a full bar with a 3-way liquor license and plenty of seating. Also includes kitchen area, meeting room, billiard tables, recreational area, lockers, shoe rental and bowling ball selection. Seeking a buyer with vision. The opportunities are unlimited, not only in the current set-up, but with other creative ideas.

Year Established: 1922

Employees: 2 full time - 10 part time

Facilities: Approximately 23,000 s.f., two story building sports 20 bowling lanes, 6 billiard tables, full central bar with plenty of seating, kitchen, large recreational area and meeting room. Large 2,100 s.f. apartment upstairs rents for $975 per month. This facility is located across the street from a large city park and library which provides plenty of parking at no cost. A little creativity would go a long way here.

Market Outlook and Competition: Long-established business with good reputation. Business does some catering. Liquor license is full three-way with a value of about $125,000 and is included in the purchase price. Plenty of potential to grow this business. Current owner has been semi-retired and business has limited hours. Would make a great sports bar. Also, dart tournaments, video games, retail, etc. could be incorporated.

Management Training and Support: Will provide training as needed.

Reason For Selling: Retirement, primary owner is in his eighties.