Bowling Movies and Pizza Great WY Location

Wyoming
listing image
Asking Price:$1,745,000
Gross Revenue:$742,000
Rent:$14,008
Real Estate:$1,770,000
Cash Flow:$219,300
Inventory:$20,000
FF&E:$480,000
Established Year:2008
BUSINESS DESCRIPTION

Well-Managed Operation with Prime Real Estate Included

The Family Fun Center includes two movie theaters, 8 bowling lanes, arcade and a pizza restaurant. As a centerpiece in the community, it is the venue for bowling leagues, first run family movies and family outings. The location has been a well-established entertainment venue for many years. Currently, management and oversight are done remotely with occasional visits to the location. The staff and manager operate the center daily. Annual revenues fluctuate from year to year due to the popularity of new cinema film releases. However, there is a consistent revenue flow from the theater, bowling, arcade, and restaurant. Revenue has averaged $772k over the past 3 years, (fluctuates with movie popularity). Seller Discretionary Earnings, (SDE) has averaged $227k over the past three years.

This is an opportunity to own a business that is at the center of the community for entertainment. Real estate is included. It includes two lots totaling 1.99 Acres. Building Improvements Gross Sq. Ft. is 15,553 and the Main level is 14,850 SF.


DETAILED INFORMATION
Location
Wyoming
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
15,553
Lease Expiration
31/03/2028
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: Located on a major US Highway with great street frontage and parking. FF&E Overview: Projection Equipment, Pin-Setters, Bowling Lanes, Furniture and Fixtures, Kitchen Equipment FF&E General Condition: Good Condition
Growth & Expansion
Excellent growing region.
Support & Training
Number of Weeks Seller Will Offer Training: 1
Reason for Selling
Personal
Report an Issue with this listing
profile-img
Tony
Keane
logo-img
Tony Keane