Listing ID: LL20161013

Ponoka, Alberta

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Bowling Centre

About This Business

This owner operated classic bowling center originally opened its door approximately 50 years ago providing an entertainment centre for Ponoka, Alberta and surrounding communities.  The current owners (possession in 1999) take pride in offering a unique experience for both the league and casual bowlers.  The center is open on a daily basis offering a variety of special features such as Glow/Neon Bowling, with special packages for Birthday Parties, Corporate functions, fund raisers, etc. This 8 lane, 5-­‐pin bowling center, with automatic scoring terminals, caters to both the young and senior enthusiasts providing a great space for exercise and socializing. A snack bar and concourse lounge service add to the center’s ambiance. Bowling necessities are also offered for sale such as bowling balls, bags, and shoes. This clean, bright modern facility would make a great investment for the new owner.

Features of This Business

  • Senior, Adult, Youth and Bumper Leagues all offered with competitive pricing
  • Great location, plenty of free parking, limited competition
  • Provides a great family entertainment experience, with a snack bar featuring a variety of deep fried foods, concessions, slushes & hot chocolate, and popcorn machine.
  • A fun evening out for the adult crowd with coffees, and cappuccinos and concourse bar service.
  • Televisions featuring a variety of sports are accessible for viewing while bowling a game or two.
  • Established loyal customer base
  • Consistent revenues year over year, great potential.

Franchised? No
Owner Support/Training: Yes – Negotiable. The owners are willing to negotiate a suitable training period.
Reason for Sale: Retirement 

Business Premises and Location

The well maintained freestanding building is located in a high traffic location with street parking. The building is approximately 6630 sq. ft. with 8 hardwood lanes, 40 pins, 8 computerized scoring monitors, automatic ball return and other equipment necessary to operate this bowling centre.  A fully list of assets is available upon request.

Vendor Ownership: Yes
Real Estate or Lease: The building may be purchased under separate cover.
Relocatable: No

Documents Available For Review (Subject to Offer)

Confidential Business Profile, Financial Statements, Lease Agreement, Asset List

Operational Summary

Snapshot

Annual Revenue: N/A

Discretionary Earnings: $N/A

Assets: $107,344 (2016)

Information

  • Year Acquired – 1999

  • Asking Price –  $ 499,000.00

  • Inventory –  $ 2,450 (2016)

  • Vendor Financing – N/A

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