Business Overview:
With eight bowling lanes, a pizza restaurant and bar, growth opportunities abound with this business. The company continues to have a strong, consistent cash flow that supports the asking price. The restaurant addition was added in 2001 and has proven to be a popular food venue for area residents and tourists. Isle Bowling Lanes has attracted bowling leagues, families, tourists and many others seeking entertainment and good food. This is a perfect opportunity to own a successful business in the Mille Lacs Area – one of Minnesota’s most popular angling and tourist hotspots.
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:
Lot Size is 14,000 SF (100 x 140) with 100’ of frontage on S 3rd Avenue. The Building is 7,952 Square Feet (Bowling Alley & Bar: 6,800 Square Feet and Restaurant: 1,152 Square Feet). Restaurant/Bar Seating Capacity is 52 in restaurant, 26 bar stools, and 28 seats on bowling benches. Isle Bowling Lanes uses an Automatic AMF Boss Signature Scoring System and eight AMF 82-70 Bowling Machines. There is an extensive equipment list available, which includes shoes, balls, restaurant and kitchen equipment, plus more.
Market Competition and Expansion:
There are no bowling alleys within a 30-mile radius. There is also very limited pizza options in the area. Key growth opportunities include growth of bowling leagues, increase bar business, pizza delivery and take-out/take & bake, develop more customer awareness and increase youth activities.
Reason for Selling:
Owner is moving to a new location.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: