Long Time Bingo Hall
Business Description
This established and profitable bingo venue makes for a very attractive investment opportunity. Located in West Michigan, this auditorium has been in business continuously for over 40 years and is a mainstay in the community.
There is nothing needed to add to hit the ground running. Currently the hall hosts 9 sessions (games) per week. Bingo is played every day! Many non-profits see bingo as an essential way to raise money for their worthy causes. In addition to live bingo games, there are also pull tabs and concessions.
There is nothing needed to add to hit the ground running. Currently the hall hosts 9 sessions (games) per week. Bingo is played every day! Many non-profits see bingo as an essential way to raise money for their worthy causes. In addition to live bingo games, there are also pull tabs and concessions.
About the Business
- Years in Operation
- 45
- Employees
- 1
- Facilities & Assets
- -Auditorium is approximately 8,000 sqft
-Building on the property that is leased out is approx. 1,200 sqft
-Expressway visibility
-Steel construction with kitchen
-Current auditorium built in 2004 - Market Outlook / Competition
- -There isn’t much competition. The closest competitors are an hour away.
- Opportunities for Growth
- -Currently there are 9 games per week, but the facility is licensed for up to 14 games per week
-There is bingo played every day of the week and twice on Friday and Sunday
-Electronic gaming is under consideration by the State
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 9,200
About the Sale
- Seller Motivation
- -The Seller wishes to retire
- Transition Support
- -Seller will train a new owner
-All games are run by the nonprofits, no involvement by the owner(s)
-Concessions are subcontracted out to third party
-Cleaning of the auditorium is performed by a third party
Listing Info
- ID
- 2265243
- Listing Views
- 897
Listing ID: 2265243 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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