Highly Profitable Tenpin Bowling & Entertainment CentreListing: #GC00436
About this Business for sale in Gold CoastHighly Profitable Tenpin Bowling & Entertainment Centre
Located on the Gold Coast is this highly profitable Tenpin Bowling & Entertainment Centre, operated fully under management along with a large team of long serving employees.
This business offers the investor a high ROI return of over 24%, or more if you are buying the business as an owner operator .
The profitability of this business is reflected in the asking price and supported by the high value of the Plant, Equipment, Furniture and Fittings included in the sale all unencumbered estimated market value at over $1,800,000.
With annual revenue for 2018 over $2,000,000 this Tenpin Bowling Centre has consistently experienced growth year on year, in line with the profits. The owners have consistently reinvested back into the business over the years to grow this business into one of the busiest Tenpin Bowling Centres in Queensland.
This centre is equipped for pro bowling, with 20 Lanes , suitable for both bowling leagues as well as catering to the recreational bowlers and bumper bowling for young kids.
The centre has a Café with a commercial kitchen as well having a Liquor License for its bowling patrons.
There is a retail Pro Shop in the centre for bowlers to be fitted out with bowling balls, shoes and any other items they need.
Kids are not left out, as the centre caters for parties, with a separate party room away from the main area, as well as an Amusement Arcade section equipped with a large range of full size modern games to keep the kids occupied.
There is a fully equipped workshop, including spare parts for the maintenance of the bowling equipment, which is all done by in-house by an experienced maintenance technician.
A long-term lease is in place, safeguarded by the permitted use clause and zoning regulations for the property.
Asking Price: $1,900,000
+61 7 5572 2122
+61 498 955 890
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.