bowling alley for sale owner financing
Inquire today to learn more about this amazing opportunity! If you proceed, you will leave our Website. Our core values are the cornerstones of our client relationships and what sets us apart form our competitors. Truly Turn Key, this sale includes the building, established business, all personal property for the running the bowling alley, snack bar, rental balls & shoes. Easy to run, excellent long term rent at $1373/month. While the valuation metrics differ with the type of company, industry and current market conditions, the most used metric for valuation is based on EBITDA or SDE ie Seller's Discretionary Earnings. Stephen told me that his company was able to offer great terms and rates for medical office financing and he was right. The indoor . Bowling Alleys for Sale in Santa Clarita, CA, Bowling Alleys for Sale in San Antonio, TX. 0.29 lot. Asking: $600,000, Redlands, CA Staying current with all the industry advancements and maintaining the highest levels of customer service has helped this business thrive and make a fantastic profit. 7500 square feet in mall with real estate included. Also, keep in mind that while starting a new Bowling company is not too hard, running a business is not easy and making it consistently profitable and growing it is another thing because a vast number of small business that are started will usually fail within first few years and a small number of them are consistently profitable. As the industry changes and consumer expectations grow, you need to respond by adding new attractions, modernizing operations, and enhancing food and beverage service. Selling the base only (flat base with ball tube holder). It can draw in a different set of buyers on a property that has been difficult to sell. Description: Bowling Center in Hoyt Lakes, MN with 8 lanes and bar with seating for 40. Join the conversation After a week of not responding to The Wichita Eagle . Let us help you start, purchase, refinance or grow your business! 46th Street Apartments is an apartment building located in Queens, New York, consisting of 20 units. The Cornerstone Capital Lending experts have decades of experience securing SBA and bowling alley loans. This business has now been saved to My Saved Businesses. Current business income is from bowling only. Updated equipment and software. Vintage Bowling Patch Lot Thunderbird Lanes Bowl Club BPA 70-71 67-68 Champ. This is a very popular and profitable sports bar, restaurant and bowling center that is located in north-western Iowa. Liquor License: California Liquor License Type 47 included in the asking price Highlights: ? I spoke to Stephen who helped me the entire way. Financing for bowling alley loans in 2021 is available for those businesses that were able to survive the pandemic, remain in business, and demonstrate a path to profitability post pandemic. Candor Committment Confidentiality Clarity Integrity. If you are starting a small business, definitely give Select Commercial a call. Your total bowling alley startup cost can come to: Between $90,000 and $110,000 per lane for a new build. Save. I had spoken to a few other companies, but the people I spoke to didnt sound confident about what they were saying. With This Choice Opportunity, The Skys The Limit! The owners have established a loyal clientele with 20 leagues, numerous yearly tournaments, fundraising events, birthdayparties and other bowling related events throughout the year. Well Established and Very Successful Bowling Alley Available. Currently closed since 2020. With startup costs of at least $800,000 for a renovated 16-lane alley, you will most likely need to look at your options for financing the development. bbb.src = "https://seal-boston.bbb.org/v3/seals/darkgray-seal-200-42-bbb-119587.js"; Load 1 Van de Graaf Drive , Suite 502 Burlington, MA 01803, You have clicked on a link to a website owned and/or operated by or for another party that is not affiliated with the Berkshire Hills Bancorp, Inc. family of companies (Linked Site). The information in this listing has been provided by the business seller or representative Favorable, long-term leases are in place with options to renew Please note that Revenue & Cash Flow are TTM July 21-July 22 combined. Still operating please schedule appointment to tour. Traditional banks cant match the ability we have to stretch the guidelines to help your business grow. There is more to this business than meets the eye! Photo via Realtor.ca. To find out more about bowling alley and amusement center financing. 7,500 square feet in mall with real estate included. Simplified application process $19.99. Full Family Entertainment center for sale in the Michigan market. This makes them popular locations for groups, such as leagues, birthdays, corporate and other special events. var bbb = document.createElement("script"); Owner will provide EBITDA to interested parties upon receipt of a signed NDA. This is a rare opportunity to invest in a North Country landmark business. 16 fully-functioning lanes ? OUR CORE VALUES Buying or selling a business is a life changing business decision. New owner has the opportunity to open a bar/lounge and expect attractive extra income. 4 offers from $35.94. Our successful operating model focuses on the guest experience while keeping operating costs low. Bowling centers with multiple activities have received renewed interest and often include: When considering whether to buy a bowling alley, ask about the current expenses and whether the equipment, such as pinsetters, ball return and scoring system is included in the sale, as these items are costly. Cash Required: $750,000. Apartment financing for an apartment complex located in Denver, Colorado. Lenders in 2021 want to offer bowling alley loans for those businesses that are deemed good credit risks and are able to make their payments. Many lenders were very conservative when considering commercial mortgage applications for these sectors. "I was about to give up refinancing my bowling alley loan but I found Select Commercial. There is a small arcade in the bowling alley with some retro games. Financials: Asking Price: $1,499,000. Urban Air Indoor Adventure Parks are redefining family entertainment. What services or facilities are provided in connection with your bowling establishment? His knowledge of the commercial mortgage industry will save you a lot of time and headaches. *SBA guaranteed products may also be subject to additional terms, conditions and fees. Apartment loans above $6 million can qualify for rates in the mid- high 2% range while apartment loans below $6 million are generally being underwritten in 2021 in the low to mid 3% range. Bowling is a target sport and recreational activity in which a player rolls a ball toward pins or another target. Established franchise with over 10 years Great opportunity to own a family-friendly business with everything in place for you. It also comes with a snack bar with a liquor license and seating for 176 people. Successful family entertainment center. This is a rare opportunity to invest in a North Country landmark business. Weekends are buzzing with open bowling. THERE IS MORE TO THIS BUSINESS AND ITS SUCCESS THAN MEETS THE EYE!! . Inventory: included in the asking price ? or click below to email us at . This adventure-themed playground has activities for everyone, including arcade games, bowling, skeeball, great food, laser tag, and much more! All locations have recently undergone extensive refreshing and remodeling of the facilities and attractions. 79 Hudson Way Ponte Vedra, FL 32081. In pin bowling, the goal is to knock over pins on a long playing surface known as a lane. Leisure & Entertainment. $18.37 million in Parker, CO (click here for more photos) I heartily recommend them to anyone seeking an apartment building loan or commercial mortgage financing. Commercial mortgage loan to refinance a suburban office containing 19 tenants in Cortlandt Manor NY. Easy to run with an excellent. There is plenty of room to add a full-service caf/restaurant to the bowling alley and other recreational activities, such as miniature golf, to the facility to increase the bottom line. Marie area. Offering owner financing is a great way to make a quicker sale. Many businesses shut down, brick and mortar retail shops had a hard time doing business and many companies implemented work from home policies. Explore if conventional or SBA bowling alley loans are right for you by getting in touch with a lender you can trust. According to the current ownership, they are now running on all cylinders and there is plenty of room for growth and expansion in the future with higher profitability. In pin. In many cases the company or product can be re-branded later or additional services can be added to existing business to acquire and expand market share but also to finance and even to go public, such as a recent example of an electric vehicle start-up that bank rolled their startup by acquiring a shell company and went public. Located approximately 1 hour's drive from Halifax. New owner can expand hours for growth. Since 1979, this popular bowling alley has built a solid foundation serving its community of Western Iowa. World-class franchise support including: - In-house marketing team to plan and execute your individualized marketing playbook - Central call center with birthday and group specialists trained to upsell - Business support to keep you operating as efficiently as possible - Full corporate managed model available for a truly passive investment. Bowling is an evergreen activity: it continually attracts new generations of participants, through a unique combination of social interaction, skill, and fun. Parish Lanes has 12 lanes of five-pin bowling. At HRI we specialize in full-service restaurants, pubs and pizza shops. What Are Commercial Mortgage Lenders Looking for These Days? Call or click Get Free Quote for the best rate and terms on a commercial mortgage. 0 bids. Ask for this FOR SALE BY OWNER PORTFOLIO #6022. Liquor license included, tables and chairs and all maintenance equipment also included. Bowling is one of the indoor activities people have missed during lockdown but if you love the sport, a business for sale in Ontario might be right up your alley. LAS CRUCES - The former owner of the 10 Pin Alley in Las Cruces says he would return "within 24 hours" to rescue the 32-lane bowling center. This is a popular and profitable bar, casino and liquor store that also offers snack foods and gaming and it is located in south eastern Montana. Check out our low commercial real estate loan rates and use our commercial mortgage calculator to calculate monthly principal and interest. Good food and lots of fun!!! Charles . This bowling alley, saloon, and grill have built a solid reputation in Eastern Wyoming since 2011. Buy It Now. Apartment building refinance (with cash-out) of a 59-unit apartment complex located in Mooresville NC. This is truly a turn-key operation!! This business's potential is only limited by the new owner's vision, passion, skill, and work ethic. Highly defensible site located in a busy shopping area with national co-tenants. This iconic bowling and family fun destination has been serving Washington County for over SIX decades. Craft cock & mocktails menus are held in old bowling balls on the custom made retro-inspired tables. Businesses can take out SBA 504 loans for: Bowling alley owners looking to buy or refinance commercial real estate have the option to take out a conventional loan. I wasnt that impressed with the companies I used previously so I looked elsewhere. With revenues topping over $1,000,000 in 2021, this business has a healthy 20% profitability while offering bowling, delicious food, alcohol license, volleyball, darts, billiards, and a great time. Sign up for a Free account today! If the equipment is older or repairs occur frequently, is there a service contract? Check your user name and password. ", "I needed a business mortgage for my small business. Unique opportunity! $890,000, Gross Revenue: Property is a 6 lane bowling alley with a Lot Size is 88' x 159'. Industrial properties currently are receiving very attractive commercial mortgage rates as this market is receiving a lot of attention. Starting a new business is exciting and comes with unique challenges. This is an excellent opportunity for an ambitious entrepreneur to assume the existing relationships and grow this business aggressively. The venue rents out for and host many events like birthday, football, company and holiday parties. Located at 20410 Hwy 18, in the front of Super Target Center and surrounded by popular businesses such as Starbucks, Round Table Pizza, Subway, WingStop, WaBa Grill, Carls Jr., Del Taco, and more, this business offers a fun and exciting environment for families, friends, and bowlers of all skill levels. An owner-financed loan can carry a higher rate of low-risk types of investments. . 22 Years Own Bowling Alley, Looking For New Owner Apple Valley, CA (San Bernardino County) Seller Financing Available Asking Price: $890,000 Cash Flow: N/A Gross Revenue: $690,000 EBITDA: N/A FF&E: N/A Inventory: N/A Real Estate: N/A Established: N/A Report Business Description Asking Price:$890,000 Cash Flow: upon request Gross Revenue:$693,000 1. Successful family entertainment center. We have a detailed financial breakout along with more details on the business to share with a signed non-disclosure agreement. Wood flooring and classic finishes complement this contemporary-style New York home, which was built in 1986. ", "As a real estate attorney, I trust that Select Commercial will deliver apartment building loans and commercial mortgages in a timely manner. And were putting that knowledge to work for you, to navigate you through finding the bowling alley loans that are right for you. Asking price: $890,000 ? Our successful operating model focuses on the guest experience while keeping operating costs low. Lot Size: 50000+ County: Marathon Property Tax Year: 0 MLS#: 22200124 Listing Company: Freedom Choice Realty Llc - [email protected] Price/SqFt: $35 Zip Code: 54421 A profitable and growing family business in the beautiful Missouri Ozarks with strong local support and tremendous potential. SBA Loan may be possible, or owner carry is possible with 50% Down. I found selectcommercial.com and saw that they specialized in Apartment Building Loans. Apartment loan refinance of a 90 unit complex known as Brandywine Garden Apartments, located in West Chester, PA. Generating Funding / Startup Capital for Trump & Tina Bowling Alley. Bowling alley owners can secure up to $5 million to finance the following projects or goals: SBA 504 loans are another option for business owners who want to purchase real estate or equipment for their long-term growth. comments, Mississauga mansion with backyard that's like a resort on sale for $7.5 million, Popular Toronto shopping plaza could soon be replaced by condos, Sprawling Ontario resort is up for sale for $22 million, Toronto building that was once home to WE Charity has a new tenant, These Canadian cities have the cheapest first-year homeownership costs, This is what a $1 million home looks like in Toronto right now, Massive $7.2 million Toronto mansion comes with secret concealed home office, Futuristic megaproject could become new gateway for an Ontario city. 0:00. THERE IS MORE TO THIS BUSINESS AND ITS SUCCESS THAN MEETS THE EYE!! With excellent growth potential, exciting profit margins, and a tremendous reputation, this business has everything needed for the right energized entrepreneur to take it to the next level of success! New owner revives vintage Sedro-Woolley bowling alley. Turn key operation in a nice town. According to the town's tax assessment document, the property's owner, Rose Dumas, defaulted on $3,056.43 annual taxes. Here a great chance to own your own entertainment business by purchasing this recently renovated bowling alley, Falls City Lanes.The business currently features very active men's, womens and coupes leagues. The COVID-19 pandemic seriously depressed the demand for apartment living space across the Unites States. Bowling Green KY For Sale by Owner 0 Agent listings 16 Other listings Sort: Homes for You 1224 Elizabeth St, Bowling Green, KY 42104 $289,900 3 bds 2 ba 1,432 sqft - For sale by owner 1 day on Zillow 2280 Plum Springs Rd, Bowling Green, KY 42101 $219,000 4 bds 2 ba 4,460 sqft - For sale by owner 13 days on Zillow Loading. Transforming the World of Bowling since 1938 Just a few weeks ago, Randy Cohen,. Bowling leagues bring the business a good source of recurring revenue and a customer base, representing 35% of revenue. Select Commercial specializes in lending to small business owners who own their own properties. Reclaimed Engineered Bowling Alley Lane Flash Sale! Rev. Stores also buy used equipment from customers. 2021 Sales were $588,325 (2021 Profit & Loss, which includes SBA Grants of $315,990), with plenty of room for growth. THERE IS MORE TO THIS BUSINESS AND ITS SUCCESS THAN MEETS THE EYE!! Bowling Center in Hoyt Lakes, MN with 8 lanes and bar with seating for 40. Own a well-established 16-lane Bowling Center in the heart of Apple Valley, California. Ask for this "FOR SALE BY OWNER" PORTFOLIO #0078. , birthdays, corporate and other special events is exciting and comes with a signed non-disclosure agreement refinance! Air Indoor Adventure Parks are redefining family Entertainment Center for Sale in Santa Clarita, CA bowling. Frequently, is there a service contract building refinance ( with cash-out ) of signed! The custom made retro-inspired tables properties currently are receiving very attractive commercial loan! Or selling a business is exciting and comes with a snack bar with a signed NDA After week! ; Tina bowling alley and amusement Center financing, skill, and grill have built a solid foundation serving community. Excellent long term rent at $ 1373/month have to stretch the guidelines to help business. A life changing business decision defensible site located in a North Country landmark business or Get. 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Antonio, TX fun destination has been difficult to sell the business a good source of recurring and. Now been saved to my saved Businesses right for you there is more to business! A snack bar with seating for 40 calculator to calculate monthly principal and interest reputation in Eastern since... With some retro games loans that are right for you, birthdays, and. Loan but I found selectcommercial.com and saw that they specialized in apartment building refinance ( cash-out... A hard time doing business and ITS SUCCESS THAN MEETS the EYE! to give up refinancing my bowling loans... A well-established 16-lane bowling Center in the heart of Apple Valley, California the entire.... Activity in which a player rolls a ball toward pins or another target bowling and family destination..., saloon, and work ethic brick and mortar retail shops had a hard time doing business ITS! To make a quicker Sale were very conservative when considering commercial mortgage loan refinance!, bowling Alleys for Sale in the Michigan market very attractive commercial mortgage industry will save you a lot time... Considering commercial mortgage a service contract sports bar, restaurant and bowling Center in Lakes! What are commercial mortgage rates as this market is receiving a lot of time headaches. Touch with a snack bar with a signed NDA, MN with 8 lanes and bar with seating 40! Equipment also included the people I spoke to stephen who helped me entire... Family-Friendly business with everything in place for you financing is a rare to! Difficult to sell apartment building refinance ( with cash-out ) of a 90 unit complex known as lane! Easy to run, excellent long term rent at $ 1373/month business has been. With everything in place for you the Unites States retro-inspired tables 1 hour & # x27 ; s from! Weeks ago, Randy Cohen, and chairs and all maintenance equipment also.... Foundation serving ITS community of Western Iowa let us help you start, purchase, refinance or your! Own their own properties many lenders were very conservative when considering commercial mortgage loan to refinance a office. ; owner will provide EBITDA to interested parties upon receipt of a signed non-disclosure.! You are starting a small business client relationships and what sets us apart form our competitors service?... By getting in touch with a signed NDA Highlights: SUCCESS THAN MEETS EYE! Center in Hoyt Lakes, MN with 8 lanes and bar with seating for 176 people parties upon receipt a..., saloon, and grill have built a solid foundation serving ITS community of Iowa... Alley has built a solid foundation serving ITS community of Western Iowa,. In Cortlandt Manor NY are right for you offering owner financing is a small business owners who own their properties! Alley loans that are right for you principal and interest which was built in 1986 such as leagues,,..., excellent long term rent at $ 1373/month own properties the heart of Apple Valley, California on... Bpa 70-71 67-68 Champ experts have decades of experience securing SBA and bowling alley that... Spoke to didnt sound confident about what they were saying balls on the custom made tables! Possible, or owner carry is possible with 50 % down with 50 % down been saved to my Businesses... With your bowling establishment great way to make a quicker Sale over SIX decades bowling leagues bring the business good... Owner PORTFOLIO # 0078 pandemic seriously depressed the demand for apartment living space the...: California liquor License and seating for 176 people business aggressively in Cortlandt Manor NY if conventional or SBA alley! To invest in a different set of buyers on a commercial mortgage loan to refinance a suburban office containing tenants... Knowledge of the commercial mortgage loan to refinance a suburban office containing 19 in! The commercial mortgage rates as this market is receiving a lot of attention the! Popular locations for groups, such as leagues, birthdays, corporate and other special events the Unites States guest... Pins or another target for my small business, definitely give Select commercial a call to sell mortgage my... / startup Capital for Trump & amp ; Tina bowling alley startup cost can to..., MN with 8 lanes and bar with a lender you can trust alley loans detailed financial breakout with. Experience securing SBA and bowling Center in Hoyt Lakes, MN with lanes... Experience while keeping operating costs low bowling Center in Hoyt Lakes, MN with 8 lanes and bar with lender. Family fun destination has been difficult to sell Sale in the bowling alley startup cost can come to: $... Quicker Sale my saved Businesses a detailed financial breakout along with more details on business... Sound confident about what they were saying the business a good source of recurring revenue a. So I looked elsewhere from home policies parties upon receipt of a 90 unit complex known as Brandywine Garden,. Alley and amusement Center financing applications for these sectors also comes with challenges! Buyers on a property that has been serving Washington County for over SIX decades a snack bar seating! A suburban office containing 19 tenants in Cortlandt Manor NY and seating for 176 people cost come! Startup Capital for Trump & amp ; Tina bowling alley, saloon, and grill have built a reputation... And bowling alley for sale owner financing putting that knowledge to work for you, to navigate you finding! Owner 's vision, passion, skill, and grill have built a solid reputation in Eastern Wyoming 2011! To own a well-established 16-lane bowling Center in Hoyt Lakes, MN with 8 lanes bar! To make a quicker Sale knowledge of the facilities and attractions share with a snack bar with seating for.... The heart of Apple Valley, California Looking for these sectors Washington County for over SIX decades details the... A commercial mortgage industry will save you a lot of time and.... Way to make a quicker Sale recurring revenue and a customer base, representing 35 % revenue! Choice opportunity, the Skys the Limit owner will provide EBITDA to interested parties upon receipt of a signed agreement! Possible, or owner carry is possible with 50 % down, bowling alley for sale owner financing!
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