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Business For Sale

Bowling Alley

Monmouth County, NJ, USA

Retail: Non-classifiable

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$3,500,000
Not Disclosed
Not Disclosed
$153,584
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1960
Not Disclosed
43942979

Business for Sale Overview:

Bowling facility located on commercially zoned (highway 71) main street. At present has 26 updated Brunswick alley's. & Brewster's, a 3000 sq. ft. pub w/ a C license valued at $400k on over 1.3 acres w/ 67 parking spaces. Needs hands on operator. Corporation managed at present. Very little league play. Has new roof & tiles. Has to have manager with local ties to create league build up. All equipment new & state of the art. Facility can draw from heavily populated local area. No other alley's w/ in 10 miles. Zoning is BOR. Conversion to commercial retail use if buyer desires can be done. Can easily increase lane average to over 30,000 per lane from present 15,270. Brunswick is presently operator of lanes until 6/20/08. Their laggard management style is major reason for alleys lifeless return. However alley revenues are up from $315k in '04 & $363k in '05. Rent roll back shows profit of $31,005. Conversion to catering facility is possible & should be considered.

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:

Bowling alley well maintained and in top shape 25,189 sq ft building including large pub and lounge has parking for 67% cars plus ample street parking.

Market Competition and Expansion:

There are no alleys in the immediate area closest is over 7 miles away. If alley and league play can not improved conversion into a catering facility can set this business off into category where there is a high demand and no competition in entire area.

Reason for Selling:

Other business interest

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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