- Listing ID: 676857
- (Seller ref: 140017)
Winnipeg Bowling Lanes & Entertainment Facility For Sale
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Summary
- Asking price:
- $1,200,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $1,200,000
- Cash flow:
- $325,000
- Employees:
- 2FT 25-30PT
Business description
This entertainment facility includes: bowling lanes, a sports bar, a cocktail lounge, a snack bar, and arcade game machines.
Hands - off operation; owners not currently active in the day-to-day operation of the business.
Great cash flow generation; average cash flow over past 5 years has been $230K; most recent year is $275K
This business is solidly profitable.
Its client base is a good mix of league bowlers and casual bowlers.
Property information
- Real Estate:
- Lease
- Lease terms:
- Expiry 2012
- Location:
- Prime location in Winnipeg
Other information
- Expansion potential:
- With internal operational improvements and the sport’s increasing popularity, the company is experiencing growth in revenue and bottom line. With fresh ownership in place the company could reach even higher growth targets.
- Competition / Market:
- Bowling is becoming more and more popular, with television regularly broadcasting major tournaments, the appearance of films centred on the culture of the sport, and written publications such as magazines becoming increasingly popular around the globe.
- Support & training:
- The current owners would be available throughout the transition for training of the purchaser and consulting work to ensure a successful transition. Experienced management is willing to stay thereafter.
- Reasons for selling:
- The owners wish to transition into retirement and monetize their investment.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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