Bowling Center - Business Only

Silver Spring, MD (Montgomery County)

Bowling Center - Business Only

Asking Price:$750,000

Cash Flow:N/A

Gross Revenue:$1,000,000

EBITDA:N/A

FF&E:N/A

Inventory:$15,000*

Lease Rate/Sq. Ft.:$12.26

Established:1959

*not included in asking price.

Bowling Center - Business Only

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Business Description

This dynamic, fun, and profitable business, located outside Washington DC in Maryland, has been thriving since 1959. The current owner has been running it since 1977. Being well-established and regarded, It has a strong loyal customer base. The location is perfect for convenience and high traffic access. There are no real competitors and the activity has some unique elements. Though revenue is excellent now, there is also a lot of room to grow.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
20,550
Lease Expiration:
5/31/2017
Employees:
15
Facilities:
Over 20,000 square foot bowling alley with 24 lanes, seating areas, party room, arcade, deli with hot and cold food, soda, and beer on tap. This is a large space with excellent lease terms for the area. The bowling center is in a high traffic/high population area, with restaurants and anchor stores in the vicinity.
Competition:
There are no other competitors, offering the same service, in the area. The closest bowling alley is in another town. No other bowling center in the region offers the same experience, so this location has a lot of loyal customers.
Growth & Expansion:
This business has been thriving for decades. It has great appeal to the older residents of the area, but also could see growth from updating some features and decor. This business has been successful without the advantage of advertising. Outside advertising, digital marketing, and community engagement would offer greater opportunities for increased revenue.
Financing:
Will Consider
Support & Training:
The seller will give the needed support, materials, and training to ensure a smooth transition.
Reason for Selling:
Retiring
Business Website:
http://www.cabbllc.com

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Michael Wilmore

Business Listed By:
Michael Wilmore

Capital Area Business Brokerage

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