Iowa Business For Sale

Restaurant, Sports Bar, Bowling-Family Entertainmt

Sheldon, IA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Year Established:
Employees:
Listing Number:
$399,000
1978
13
526326738
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
$157,326
Not Disclosed

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 below. We look forward to hearing from you.

Property Features and Assets:

Facilities: The business occupies a modern 9,600 square foot facility with a paved parking lot and handicap access. Anew 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 may be 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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Restaurant, Sports Bar, Bowling-Family Entertainmt
Business Listed By:
Paul Klinge
The Lincoln Group, Inc.
contact the seller
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