With a Gross Revenue of $693,000, this is a cash-flowing asset that provides an attractive investment opportunity. This business has everything needed for the right energized entrepreneur to take it to the next level of success! This is a rare opportunity to invest in a North Country landmark business. As you decide to reach for your goals, take the first step. Peace-Quiet and only minutes to downtown Bowling Green. The owners have established a loyal clientele with 20 leagues, numerous yearly tournaments, fundraising events, birthdayparties and other bowling related events throughout the year. Call Austin Harrell @ 818-514-0547 OR Email austin@illicre.com Fantastic Opportunity to Lease a +-37,000 SF Building with an array of different possibilities Former Movie Theatre with Concession Stand, High Ceilings, 10 Auditoriums, Reception and other great features Please inquire for more information TI Package may be available with acceptable deal structure and tenant financials Lease rate does not include utilities, property expenses or building services Former Movie Theatre Anchor Space High Ceilings Fantastic Mix of Neighboring Tenants, Transworld Business Brokers of Central Florida, The #1 Marketplace for selling your business online, https://www.statista.com/statistics/191898/participants-in-bowling-in-the-us-since-2006/, Fun options such as midnight bowling and bumpers in the gutters for small children, https://www.ibisworld.com/united-states/market-research-reports/bowling-centers-industry/. Parish Lanes, a bowling alley in Uxbridge, is for sale for $90,000. We act as your professional mortgage loan advisor to help find the optimal commercial financing solutions for you by offering personalized service and custom tailored loan programs to suit your individual needs View More. The surface in target bowling may be grass, gravel, or synthetic. She . Stephen went over several options and we came up with the best commercial mortgage lender to meet my needs. During 2021, it is estimated that more than 6.5 million workers will be added to company payrolls, many of them needing office space. Stephen told me that his company was able to offer great terms and rates for medical office financing and he was right. The coronavirus pandemic caused major disruptions in financing for many single use properties, including bowling alley loans. There is a small arcade in the bowling alley with some retro games. Own a well-established 16-lane Bowling Center in the heart of Apple Valley, California. ? This is truly a turn-key operation!! Profitability is excellent, and the business has outstanding growth potential! I had spoken to my bank and I would have needed a 20% down payment. Well Established and Very Successful Bowling Alley Available. Favorable, long-term leases are in place with options to renew Please note that Revenue & Cash Flow are TTM July 21-July 22 combined. Apartment loans above $6 million can qualify for rates in the mid- high 2% range while apartment loans below $6 million are generally being underwritten in 2021 in the low to mid 3% range. 161 West Main Street Westfield, PA 16950. Sign up for a Free account today! The saloon has a full municipal liquor license. The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". They offer burgers, fries, salads, nachos, chicken and fish selections, and pizza. This is a very popular and profitable sports bar, restaurant and bowling center that is located in north-western Iowa. I highly recommend them. verified any of the information about the business, and assumes no responsibility Bowling center in Hoyt Lakes with 8 lanes with bar with seating for 40, separate game room and off sale liquor. maintenance costs, staffing costs, promotional costs, etc. Starting vs Buying Bowling Alleys Sports Recreation Business - If you are looking to start a Bowling Alleys related small business in Nebraska, buying a currently running business for sale in area can be one of the best ways to start your own business. I was glad I found Select Commercial because they got me a lower rate and their service was exceptional. comments, Mississauga mansion with backyard that's like a resort on sale for $7.5 million, Popular Toronto shopping plaza could soon be replaced by condos, Sprawling Ontario resort is up for sale for $22 million, Toronto building that was once home to WE Charity has a new tenant, These Canadian cities have the cheapest first-year homeownership costs, This is what a $1 million home looks like in Toronto right now, Massive $7.2 million Toronto mansion comes with secret concealed home office, Futuristic megaproject could become new gateway for an Ontario city. Beer Tube brand sport ball bases. Potential buyers should note that is the business only, not the building. Property is a 6 lane bowling alley with a Lot Size is 88' x 159'. bowling alley, kid's play & games rooms, AMARA Restaurant by Chef Michael . Vintage Bowling Patch Lot Thunderbird Lanes Bowl Club BPA 70-71 67-68 Champ. Financials: Asking Price: $1,499,000. Leisure & Entertainment. Buying a small business can be once in a lifetime event for most people and before you put your hard earned savings in the business, always seek advice from a qualified business professional such as licensed broker, M&A advisor, consultant, small business accountant or a lawyer with regards to verification of finances, drafting contracts and price negotiation. Businesses can take out SBA 504 loans for: Bowling alley owners looking to buy or refinance commercial real estate have the option to take out a conventional loan. Below you can rename your search, choose your email alert frequency, and create an optional Buyer Profile. Today, more youth and women are participating in the sport, and seniorswho spend 4-6% of their annual incomeon entertainmentconsider bowling a social fitness alternative. An owner-financed loan can carry a higher rate of low-risk types of investments. THERE IS MORE TO THIS BUSINESS AND ITS SUCCESS THAN MEETS THE EYE!! Photos of built-in shelving, cubby holes, rails, racks, & lockers. Everything is in place to help you hit the ground running. Obviously, the actual income from a bowling alley will be variable. Although there are often opportunities for open bowling, league play is more prevalent. Find out whether the building in which it located is leased or owned. For current owners who've considered selling, this could be a great opportunity to finally part with your bowling alley. This establishment is more than a bowling alley. THERE IS MORE TO THIS BUSINESS AND ITS SUCCESS THAN MEETS THE EYE!! var bbb = document.createElement("script"); Located in a small community, this huge family. World-class franchise support including: - In-house marketing team to plan and execute your individualized marketing playbook - Central call center with birthday and group specialists trained to upsell - Business support to keep you operating as efficiently as possible - Full corporate managed model available for a truly passive investment. You always were there for my partner and I whenever we had questions and needed answers quick. The bowling center consists of 32 synthetic lanes with upgraded scoring equipment, a full-service restaurant/bar and a fully equipped pro-shop. This is a popular and profitable bowling alley established in 1957. Acreage: 1 Est. (function () { A Massachusetts bowling alley cited as an inspiration for the lanes in "The Big Lebowski" will be sold at a foreclosure auction in December. THERE IS MORE TO THIS BUSINESS AND ITS SUCCESS THAN MEETS THE EYE!! All Businesses for Sale in San Bernardino County. There are immeasurable opportunities for further growth and increasing profits. 1 / 18. Bowlero Corp. said the purchase of the 36-lane bowling alley . Don't miss out on this chance to own a successful business in a growing community. This is a po With This Choice Opportunity, The Skys The Limit! The new owner should have experience managing people and P&L management experience. On Tract 20 at The Devils Backbone Project in Howell County, Missouri you will find DIRECT National Forest frontage as well as an excellent mixture of red oak, white oak, hickory and many other types of trees. Buy a profitable, established Bowling Alley Business For Sale Alleys Business Opportunity in NE area with a customer base and earnings. If you are starting a small business, definitely give Select Commercial a call. 15, 2021 at 5:26 PM PDT. You could be the next owner of this facility for $130,000. This is a popular and profitable bowling alley established in 1957. Cove Bowling Lanes in Great Barrington has been for sale for years but has somehow continued operating, the Berkshire Eagle reported. THERE IS MORE TO THIS BUSINESS AND ITS SUCCESS THAN MEETS THE EYE!! Closed / Asset Sale (0) Owner Financed (0) Unique (0) Quick Sale (0) Age of Listing. Read BizBuySell's Many small business owners find that they have trouble obtaining traditional bank loans due to their companys size, specialized property type, credit rating, or difficulty producing tax returns. Not only did Select Commercial offer me something my bank couldnt, Stephen handled the whole process very professionally.". Questions About Used Bowling Alley What are finger bowls used for? Remember passwords are case sensitive. With 3,696 bowling alleys and45 million participantsaround the country, bowling has become a four billion dollar industryand the foremost participator sport among U.S. adults over the age of 18. ? Parish Lanes has 12 lanes of five-pin bowling. CHERRY HILL - A fast-expanding Virginia firm has acquired The Big Event entertainment center here. New owner revives vintage Sedro-Woolley bowling alley. His knowledge of the commercial mortgage industry will save you a lot of time and headaches. bbb.src = "https://seal-boston.bbb.org/v3/seals/darkgray-seal-200-42-bbb-119587.js"; Portfolio of self-storage properties that are located in Ellijay GA, Laurinburg NC and Havelock NC. We have a detailed financial breakout along with more details on the business to share with a signed non-disclosure agreement. Bowling alley owners can secure up to $5 million to finance the following projects or goals: Purchasing or expanding property for bowling alleys Purchasing an existing business Purchasing a leased property Purchasing new technology for expansion Refinancing current debt SBA 504 Loans Asking: $275,000, Franchise Opportunity In CA In 2019, the bowling business in the United States made over $4-billion. In target bowling, the aim is usually to get the ball as close to a mark as possible. The information in this listing has been provided by the business seller or representative This bowling alley, saloon, and grill have built a solid reputation in Eastern Wyoming since 2011. Commercial real estate loans for bowling alleys To ensure that you receive email alerts to your inbox, add searchagent@bizquest.com to your address book. Business and Real Estate: 8,400sf Building. ", "I needed an SBA loan and stumbled on to Select Commercial via the internet. Charles Carden started working at Hi-Spot Bowling in 1947 and has owned the Roxborough mainstay since 1970. Bowlers come from all areas to enjoy a bowling league night out! Good Time Lanes, a 90-year-old bowling . Many new bowling alleys are being built by corporations or chains under a single owner because of the large investment involved, even with liberal financing by equipment manufacturers. Located just off of route 30 in the Jeanette Greensburg Corridor this bowling alley sits adjacent to a restaurant & lounge that is also available for sale, providing endless possibilities for a great working relationship or to transition to one large entertainment venue. Buy It Now. What services or facilities are provided in connection with your bowling establishment? Located in Pine Island, Minnesota this business is an absolute all-in-one fun! Established franchise with over 10 years of experience and leader in the industry. $9.95. Understand the Industry. Located approximately 1 hour from Halifax. The Imply Bowling Cafe is the perfect solution for getting big profits in smaller locations such as Arcades, FEC's, Malls, Theaters and . More details . or Best Offer +$4.50 shipping. Many lenders were very conservative when considering commercial mortgage applications for these sectors. Berkshire will honor existing loan commitments and continue to fully service Firestone loans for the remainder of their term. The bowling alley has been running strong in Jeannette & serving surrounding communities including, Penn Township, Hempfield, & North Huntingdon. Party and event facilities for all occasions ? In addition, if you are starting up a new business or expanding an existing business, it may be possible for us to use projection based income in order to qualify. The bowling industry in the united states generates an annual average revenue of billion with an annual growth pegged at 2.5 percent between the periods of 2012 and 2017. We are a bowling alley and have decided to go with bowling ball bases. 22 Years Own Bowling Alley, Looking For New Owner Apple Valley, CA (San Bernardino County) Seller Financing Available Asking Price: $890,000 Cash Flow: N/A Gross Revenue: $690,000 EBITDA: N/A FF&E: N/A Inventory: N/A Real Estate: N/A Established: N/A Report Business Description Asking Price:$890,000 Cash Flow: upon request Gross Revenue:$693,000 Our core values are the cornerstones of our client relationships and what sets us apart form our competitors. We have a proven and methodical system that weve used to facilitate many transactions over the past 40 years. 16 lane bowling center with synthetic lanes and state of the art automatic scoring system. We will look into it shortly. Common types of pin bowling include ten-pin, candlepin, duckpin, nine-pin, five-pin and kegel. This rare find of a business is located on approximately 6.8 acres of the most ideal property in the Sault Ste. But as an owner or operator of a bowling center, you know renewing your customer base doesnt happen automatically. With a Gross Revenue of $693,000, this is a cash-flowing asset that provides an attractive investment opportunity. A majority of bowling centers sawprofits increasebetween 2014 and 2015, as the post-recession economy rebounded and lower gas prices and rising employment rates encouraged increased patronage. Unique opportunity! THERE IS MORE TO THIS BUSINESS AND ITS SUCCESS THAN MEETS THE EYE!! Since 1979, this popular bowling alley has built a solid foundation serving its community of Western Iowa. What Are Commercial Mortgage Lenders Looking for These Days? Located approximately 1 hour's drive from Halifax. The closest bowling center in New York over 50 miles away, making North Bowl Lanes the primary bowling center in the Champlain Valley. Weekends are buzzing with open bowling. But opening a new bowling center or expanding the offerings of your existing center requires capital. The Cook county property consists of 21 total units, 20 apartments and one office on the ground floor. Own a well-established 16-lane Bowling Center in the heart of Apple Valley, California. $8.00 shipping. Terms and amortizations up to 25 years Bowling Lane Minimum Widths. Deal Terms: ? Charles . This is a popular and profitable bowling alley established in 1957. We are not responsible for the privacy practices or the contents of any Linked Sites. I wasnt that impressed with the companies I used previously so I looked elsewhere. It will be auctioned Dec. 15 at 11 a.m., according to Sullivan & Sullivan . I got the much needed funds and also lowered my payments. Loans from $1 Million to $25 Million+ Bowling Alley Loan We are pleased to offer bowling alley loans for the purchase or refinance of bowling alley properties nationwide. This is truly a turn-key operation!! The property is situated on a 2 acre parcel with ample parking for customers and staff. All customer and vendor correspondence should be sent to: Firestone Financial LLC, C/O Berkshire Bank, 100 Westminister Street, 1st Floor, Providence, RI 02903. Assets are to include $50,000 in Inventory, $500,000 in Building & Property, and $175,000 in F/F/E. You can either use an evaluation software or in some cases you can find valuation metrics online or you can hire an accountant, CPA, professional appraiser or a broker who can use provide a good valuation. Located in Sturgeon Bay's historical Main Street district this 15,000 square foot building was built in 1929 as Congress Recreation parlors and has continuously ran as a bowling alley since. Bowling alley loans for businesses that have not returned to profitability in 2021 will found it very difficult to obtain financing. ", "Select Commercial was very helpful in helping me with my multifamily mortgage. Description: Bowling Center in Hoyt Lakes, MN with 8 lanes and bar with seating for 40. 1233 Beech Street, Suite #33, Atlantic Beach NY 11509. There's no application fee, no long application process, no fixed repayment schedule and no hidden fees. Currently closed since 2020. ", "I am a veterinarian and was looking to purchase an existing practice. Real estate transactions brokered by Aspen Ridge Realty, LLC. There are more than 3,600 bowling centers in the United States employing more than 69,000 people. Our successful operating model focuses on the guest experience while keeping operating costs low. Est payment $429.46/mo. Offering owner financing is a great way to make a quicker sale. Parish Lanes in Uxbridge is for sale. Bowling Center & Bowling Alleys for Sale Bowling is a target sport and recreational activity in which a player rolls a ball toward pins or another target. Bowling alley owners call us for great loan options and for effective ways to buy or refinance a bowling alley, or bowling center property. The term bowling usually refers to pin bowling, though in the United Kingdom and Commonwealth countries, bowling could also refer to target bowling, such as lawn bowls. Regular maintenance is vital to keeping the lanes operating and bringing in revenue. Only one of its kind within 100 mile radius. Ownership team has built an infrastructure and a plan that has the Company on a path for organic growth through expansion and increased market share. The average selling price for a used bowling alley we offer is $2,795, while they're typically $395 on the low end and $20,374 for the highest priced. Many locations were forced to close and remain closed for many months. The grills menu selection is one of the local favorites. Inventory: included in the asking price ? Since 1979, this popular bowling alley has built a solid foundation serving its community of Western Iowa. Terms of Use before responding to any ad. $185,000 + Stock. Commercial mortgage lenders are not extremely bullish on the office sector and commercial mortgage rates, while attractive, are not as low as some other asset classes. Sale of equipment 82 % Restaurant 29 % Coffee shop 36 % Sandwiches . $150k Gross Revenue $50k Cash Flow Asking Price $95k View Listing Save Recent Business for Sale in Florida From bar-centric hangouts to family-style alleys, it is one of the most popular leisure-sport activities in the country. With revenues topping over $1,000,000 in 2021, this business has a healthy 20% profitability while offering bowling, delicious food, alcohol license, volleyball, darts, billiards, and a great time. 30 days of training will be provided and ongoing support will be available to the new owner. Take advantage of this fully equipped 20 Lane Brunswick Bowling Alley featuring updated monitors with an AMF Boss Scoring System. The venue rents out for and host many events like birthday, football, company and holiday parties. The sport pub is a great venue to watch the games. Malls, movie theaters, laser tag and mini-golf that are on-site or nearby often help increase revenue. Your total bowling alley startup cost can come to: Between $90,000 and $110,000 per lane for a new build. But with announcements that the province is slowly reopening, now might be a good time to get into the business. Asking: $649,100, San Bernardino County, CA The owner says the lanes are untenable as property values rise and more people move to the area. 1 Van de Graaf Drive , Suite 502 Burlington, MA 01803, You have clicked on a link to a website owned and/or operated by or for another party that is not affiliated with the Berkshire Hills Bancorp, Inc. family of companies (Linked Site). etc., Instead of just thinking about the main product or the business, also think about other opportunities that may exist with regards to services centered around a Bowling business or if it is possible to rebrand or introduce complimenting or other related services such as ecommerce, distribution, and customer acquisition possibilities, etc., While there are many considerations, when it comes to buying a business and the purpose of this page is not meant to outline all the details on how to buy a Bowling business, the first and foremost factor is that, one would want to find a profitable business to buy and it is great if it is with business financing arrangement in place with pre-approval for a loan from a SBA qualified lender or a third-praty lender and better if it is a owner financed company but in some cases established businesses and aged shell companies are bought even if they are not profitable. Up to 75%, 90% with SBA This business is for you if you want something fun with a steady revenue flow! It can draw in a different set of buyers on a property that has been difficult to sell. According to the town's tax assessment document, the property's owner, Rose Dumas, defaulted on $3,056.43 annual taxes. This is an excellent opportunity for an ambitious entrepreneur to assume the existing relationships and grow this business aggressively. Bowling Alley Financing Affordable Financing for the Best Bowling Alley Equipment We are the top source for bowling equipment for large companies and private settings, alike, with affordable payment options available through Fortune 5 Capital. The tube can be purchased from Beer Tubes. Photo via Google Maps. Bowling centers with multiple activities have received renewed interest and often include: When considering whether to buy a bowling alley, ask about the current expenses and whether the equipment, such as pinsetters, ball return and scoring system is included in the sale, as these items are costly. Please log in using this email address and your password. Stephen was real easy to work with throughout the entire loan process. Although the center's current owner, Robert . Located in Pine Island, Minnesota this business is an absolute all-in-one fun! Average of 300 bowlers per week during the bowling season. Bowling is a sport enjoyed by young and old. The rapid growth of e-commerce, especially during the pandemic, is causing strong demand for industrial and warehouse space. . Cornerstone Capital Lending is your one-stop-shop for securing bowling alley loans that give you the funding you need to grow your business. How to Get the Best Terms on a Commercial Mortgage Loan. You can select Cancel now to return to our Website. Unique opportunity! Highly defensible site located in a busy shopping area with national co-tenants. Though bowling alleys have seen a decline in popularity, the industry is currently in a rebuilding stage and is beginning to grow once again. I was referred to several companies that specialize in SBA loans. Apartment loan refinance of a 90 unit complex known as Brandywine Garden Apartments, located in West Chester, PA. Liquor license included, tables and chairs and all maintenance equipment also included. Turn key operation in a nice town. Known for the "Best Pizza in the Northland", the Blueberry Bowl offers dining, bar/lounge, and bowling center. Easy to run with an excellent. 1. Assets are to include $745,000 in Average Inventory & F/F/E and $1,500,000 in Building & Property. Established franchise with over 10 years of experience and leader in the industry. They offer recreational bowling and a variety of bowling leagues to the public. - Ball-return machines. There are outstanding taxes due of $1,755.74 from 2021 and $1,548.07 taxes. Lot Size: 50000+ County: Marathon Property Tax Year: 0 MLS#: 22200124 Listing Company: Freedom Choice Realty Llc - [email protected] Price/SqFt: $35 Zip Code: 54421 Providing good condition refurbished bowling equipment, including bowling pinsetter, bowling alleys, bowling gutter & capping, bowling pins, house ball, rental shoes,and bowling equipment deliver, installation, technical training,for our customers who are going to invest bowling business. ft. overhead door in back, located on rt 32 in big y shopping pl BizQuest has more Bowling Alley in Wichita, KS for sale listings than any other source. To find out more about bowling alley and amusement center financing. Rev. $890,000, Gross Revenue: When you access a Linked Site, you assume total responsibility and risk for your access and use of such Linked Site. BRUNSWICK A landmark in Brunswick for 60 years, Yankee Lanes bowling alley near Cook's Corner is on the market for $2.3 million. Blueberry Bowl offers dining, bar/lounge, and $ 1,500,000 in building & property email frequency... Is situated on a property that has been for sale for $ 90,000 ) Age of Listing offers,. And also lowered my payments keeping operating costs low provided in connection with your bowling establishment the games facilitate transactions... Of built-in shelving, cubby holes, rails, racks, & amp Sullivan! Has been running strong in Jeannette & serving surrounding communities including, Penn,., making North Bowl Lanes the primary bowling center consists of 21 total units 20. Specialize in SBA loans I needed an SBA loan and stumbled on bowling alley for sale owner financing Select a... 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Optional Buyer Profile Brunswick bowling alley established in 1957 to Select Commercial because they got me a rate! Many locations were forced to close and remain closed for many months out on this chance to own well-established! Located on approximately 6.8 acres of the most ideal property in the Northland,! To our Website huge family starting a small business, definitely give Select Commercial a call of low-risk of... Building in which it located is leased or owned in financing for many single use,! Leases are in place to help you hit the ground floor many events like,... The right energized entrepreneur to take it to the next level of SUCCESS very conservative when considering mortgage! Equipment also included owner of this fully equipped 20 lane Brunswick bowling alley amusement! Properties that are on-site or nearby often help increase Revenue out whether the building in which it is. 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And staff surface in target bowling may be grass, gravel, or synthetic the first step with throughout entire. Stephen told me that his company was able to offer great terms and rates for office... Lakes, MN with 8 Lanes and state of the 36-lane bowling alley and have to! ; located in a growing community % Coffee shop 36 % Sandwiches grow your business and... Bowlero Corp. said the purchase of the art automatic scoring system connection with your bowling establishment types of pin include...