8 Lane Bowling Alley & Pizza Restaurant For Sale

Pine River, MN (Cass County)

8 Lane Bowling Alley & Pizza Restaurant For Sale

Asking Price:$199,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1959

8 Lane Bowling Alley & Pizza Restaurant For Sale

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Business Description

Pine River Community Bowl has been in operation for 20+ years under the current owners. It was originally opened in 1959 and operated by the same owner until it burned down in 1991. The original owner decided it was time to retire and the strong local community rallied together to rebuild the bowling alley in 1993. This is when Tom and Renee took over managing it as Pine River Community Bowl and eventually purchased it in 1998. It boasts a very nice facility with eight bowling lanes, a pizza and appetizer restaurant and 3-2 bar. The business continues to have a consistent cash flow that supports the asking price and the opportunities for growth abound. Community Bowl has a strong following of leagues, families, tourists and many others seeking entertainment and great food. This is a great opportunity to live in nature’s paradise while owning a successful bowling alley.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Facilities:
7,072 SF Building built in 1993, located on 8,712 SF lot along Barclay Ave (Main Street) in Pine River. Building is steel frame construction with concrete foundation, metal exterior and metal roof. There are 2 restrooms, 3 floor drains, and ceiling heights varries from 8' to 10'. There are 32 bowling seats and 24 restaurant/bar seats. Property has 2 natural gas forced air furnaces and 2 central air conditioning units. Bowling alley has 8 Brunswick A2 Pinsetters & 8 Lanes Compuscore Automatic Scoring Equipment & Foul Detection. Extensive equipment list available for bowling alley & restaurant.
Growth & Expansion:
Key Growth Opportunities Include: Increase Revenue Through Advertising; New Use for the Game Room; Add a Liquor License; More Leagues; and Increase Hours of Operation. Key Investment Considerations: Quality Real Estate (All equipment has been maintained very well); Efficient Operation; Attractive Work Schedule; Lakes Area Lifestyle; Established Reputation of Delivering Quality Service; Additional Growth Potential; and Favorable Interest Rate Environment.
Reason for Selling:
Owners wish to pursue other ventures.

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Christopher C. Close

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Christopher C. Close

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