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- RE: Real Estate Plus Bowling Movies And Pizza
- Contact: Tony Keane
Quick Facts
Asking Price: | $1,745,000 | |
Annual Revenue: | $657,300 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $180,700 | |
Total Debt: | Not Disclosed | |
FF&E: | $480,000 | |
Real Estate: | $1,545,000 | |
Year Established: | 2008 | |
Employees: | 9 | |
BBN Listing #: | 990854 | |
Broker Reference #: | 60091-687605 |
Business Overview:
The Family Fun Center includes two movie theaters, 8 bowling lanes, an arcade and a pizza restaurant. As a centerpiece in the community, it is the venue for bowling leagues, first run family movies and family outings. The location has been a well-established entertainment venue for many years. Currently, management and oversight are done remotely with occasional visits to the location. The staff and manager operate the center daily. Annual revenues fluctuate from year to year due to the popularity of new cinema film releases. However, there is a consistent revenue flow from the theater, bowling, arcade, and restaurant. Revenue for 2024 was $657k, (fluctuates with movie popularity). Seller Discretionary Earnings, (SDE) was $181k for 2024.
This is an opportunity to own a business that is at the center of the community for entertainment. Real estate is included. It includes two lots totaling 1.99 Acres. Building Improvements Gross Sq. Ft. is 15,553 and the Main level is 14,850 SF. Theaters recently deep cleaned and lobby newly painted.
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Property Features and Assets:
Facilities: Located on a major US Highway with great street frontage and parking.
FF&E Overview: Projection Equipment, Pin-Setters, Bowling Lanes, Furniture and Fixtures, Kitchen Equipment
FF&E General Condition: Good Condition
Market Competition and Expansion:
Expansion:
Excellent growing region.
Reason for Selling:
PersonalAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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