08 8361 3074

Regional Bowling Centre

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Business Description

 If buying a business  is about lifestyle for you and your family, then look no further!

This family bowling centre has been in operation for nearly 30 years and has been in one family for over 15 years.  

With stable and consistent sales year on year, this business has its regular weekly competition bowlers as well as the social visitors.

Perfect for the buyer who loves people, enjoys being hands-on and is keen to learn all the different aspects of the business.  

With only a handful of bowling centres across the state  you can be sure that this business can pull a crowd.

 

At a Glance

  • Current vendor works 30 hours per week
  • Lifestyle business operating for nearly 30 years
  • Trading 7 days a week
  • Liquor Licence for up to 200 people.
  • Current lease till 2020 plus another 5 years available

Extended Price Information

Goodwill $209,537
Plant & Equipment (approx written down value) $20,463
Stock at valuation (approx) $15,000
$245,000

Lease Summary

Current Rent $6,283.56 per month excl. GST
Lease Term 5 years
Lease Commencement 12th November 2018
Lease Expiration 11th November 2023
Right of Renewal 3 x 5 years
Outgoings Paid by tenant
Adjustments CPI annually