Just Listed! Located in a busy Central Alberta city, this well-established bowling alley and lounge is a great opportunity for someone looking for a fun and easy to manage business with a low down payment of approximately $70,000. In business since 2002, the original owners are ready to retire and the time is right for a new owner-operator to come in and take the business to the next level with fresh new marketing and advertising. Contact Team Hansen today for the complete information package and find out how to make this business yours in 2022!
- Asking Price:
- $295,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $100K - $250K (CAD)
- Cash Flow:
- $50K - $100K (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
20 Year lease term, extends to September 2032, with option to renew
Base Rent: Current: $5/Square Foot. $7,291.67/Month. $87,500.04/Year (+ GST)
Additional Rent: Estimated: $2.80/Square Foot. $4,083.33/Month. $49,000.56/Year (+ GST)
Total Rent: $11,375/Month. $136,500/Year (+ GST)
- Leasehold Rent:
-
$136,500 (CAD) per annum
- Location:
-
In a busy retail area
- Premises Details:
-
17,500 Square Feet
- Size in square feet:
- 17,500
Business Operation
- Competition / Market:
-
Minimal competition
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday - Thursday: 10:30 AM - 10:00 PM
Friday: 10:30 AM - 11:00 PM
Saturday: 1:00 PM - 11:00 PM
Sunday & Holidays: 1:00 PM - 9:00 PM
- Employees:
- Two owners work full time. Additional staff are hired seasonally
- Years established:
- 19
Other Information
- Support & training:
-
Seller will train buyer to buyer's satisfaction
- Financing available:
-
Contact Team Hansen For Details
- Furniture / Fixtures value:
- $630,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $10,000 (CAD)
