Business Overview:
Modern, busy family entertainment center with sports bar, restaurant, bowling and music. The business offers casual family dining anything from pizza and burgers to prime rib and filet mignon. They have scheduled bowling leagues and tournaments as well as a dart league. There are plenty of TV s and Big Screen for NASCAR, NFL, College Football and more. The center also offers Karaoke and DJ s, and they occasionally schedule live music on the weekends. This is a great life-style business to own! Support/Training: Thirty days free support. Seller will consider working part time for the new owner.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business occupies a modern 9,600 square foot facility with a paved parking lot and handicap access. A new sign was installed in 2004. The bowling center boasts an 8-lane Brunswick Pinsetter System and state-of-the-art Qubica Automatic Scoring System. The business is located on a busy highway intersection with a daily traffic count of 9,300 cars. Included in the Asking Price: Furniture, Fixtures & Equipment: $327,000; Inventory: $15,000.
NOT Included in the Asking Price: Real Estate: $225,000.
Market Competition and Expansion:
Competition: Located in western Iowa at the intersection of two main highways, this business is a go-to place for four surrounding counties. There are two colleges nearby, and no real competition for bowling in the area.
Growth and Expansion: New owners can expand the restaurant menu to add breakfast and lunch. They can add pizza and hot meal delivery. They can also promote more bowling tournaments and add a pool league in the summer.
Reason for Selling:
Retirement.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.