Under LOI - Property Management Opportunity
Under LOI - This established and profitable long-time bingo venue makes for a very attractive investment opportunity. Bingo, concessions, and cleaning are all outsourced. Currently the hall hosts 9 sessions (games) per week. Bingo is played every day! Many non-profits see bingo as an essential way to raise money for their worthy causes. In addition to live bingo games, there are also pull tabs and concessions.
Located in West Michigan, this auditorium has been in business continuously for over 40 years and is a mainstay in the community. There is nothing needed to hit the ground running!
Financials (USD)
Asking Price $1,115,000
Cash Flow $168,185
Sales $280,075
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? No
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? Yes
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