Established Restaurant & Entertainment Destination Poised for Continue

Sale Pending

Asking Price$1,250,000

Cash Flow
$87,907
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$840,558

Inventory$40,000
Included in asking price
FF&E$350,000
Included in asking price
Real Estate$950,000
Included in asking price
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Established Restaurant & Entertainment Destination Poised for Continue


Sale Pending

Asking Price$1,250,000

Cash Flow
$87,907
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$840,558

Inventory$40,000
Included in asking price
FF&E$350,000
Included in asking price
Real Estate$950,000
Included in asking price
Business Description
This well-established American Sports Bar & Grill and Bowling Alley presents a unique opportunity for an entrepreneur to acquire a profitable and growing business. Upgraded and founded in 2014 by a seasoned restaurateur with a proven track record of success, the business boasts a loyal customer base and a reputation for exceptional service and delicious food.

Key Highlights:

• Prime Location: Strategically located with ample seating capacity (270 in the restaurant, 130 in the bowling alley) to cater to a wide range of clientele.
• Turnkey Operation: Impeccably maintained facility with high-quality furniture, fixtures, and equipment – much of it relatively new.
• Proven Success: Pre-pandemic sales consistently exceeded $1 million annually, demonstrating a strong track record of profitability.
• Dedicated Team: Experienced staff of 25 employees committed to ensuring a smooth transition for the new owner.
• Growth Potential: Ample opportunities exist to expand through targeted advertising, menu diversification, and development of bowling leagues and seasonal activities (outdoor volleyball).
• Comprehensive Support: The current owner is committed to providing support and training to ensure a seamless handover.
• Owners Invested Profits into upgrades for the business!

Investment Highlights:
• Upgraded LED lighting throughout
• Fully stocked bar with a diverse selection of beverages
• Upgraded kitchen equipment.
• Upgraded Bowling Alley Equipment
• Addition of Outdoor Volley Ball Courts and Bar Area
• 2022 Revenue: Over $840,000
• 2021 SDE: $87,000

Reason for Sale:

The current owner is focusing on other business ventures.
About the Business
Website
https://equitygroupmi.com/businesses-for-sale-by-egm/
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
14,000
Listing Info
ID
2234206
Listing Views
4226

Contact Seller

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Listing ID: 2234206 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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