Established & Busy Bowling Alley & Twin Cinema For Sale

Business description

This recreation centre consists of a 6 lane bowling alley with automatic pinsetters and 2 year old computerized scoring system. It also has a spacious 40 seat licenced lounge.
The cinema consists of 2 screens; seating capacity in one is 180 and the other is 120. It has modern 35 mm projectors and surround sound equipment. The consession area is also fully equiped and in good working order.
The building is well maintained and in excellent condition. The sale includes the land.

Property information

Real Estate:

Real Property Included

Location:

Located in Clarenville which is a major service center (serving approximately 30,000 people). The town is rapidly expanding and is considered a major growth area in the Province.

Premises details:

Located close to the major hotels and is next to the town's main park and recreation area.

Size in square feet:

approx. 16000 square ft.

Other information

Expansion potential:

The bowling alley could extend it's operating hours to 12 months a year, if desired. The cinema is position to expand into digital cinema which is the next era of the movie industry.

Competition / Market:

It is the only bowling alley and cinema in the area. It has established active leagues from youth to seniors. Provincially and nationally associated. It operates from Sept to June. The cinema centre show first run product and has a loyal customer base. It operates Wed. to Thurs. with matinees and special showings 52 weeks a year.

Support & training:

Training will be provided

Reasons for selling:

After 20 years of rewarding work, the owner is looking to retire.

Trading hours:

Cinema: Wed to Sun. Evenings and matinees
Bowling Alley: Sept. to June, 7 days a week, 3:30 pm to Midnight

Furniture / Fixtures value:

$125,000 (included in the asking price)

Website:

www.clarenvilletwincinemas.com