Click here for Site Plan       Click here for Demographic Numbers    

For Sale this approximately 22,985 sq ft bowling center on 2.353 acres is located at 602 West Compress St., Hope, Arkansas (home of Bill Clinton) fast growing Northeast Texas/Southwest Arkansas corridor near Texarkana.  This is a profitable business.  Profit & loss statements are available during due diligence period.  Appraisal indicated approx. 18.2% cap rate as asking price..

FEATURES:

• Only entertainment in four counties with a population of 56,400

• 24 New Lanes with $20,000 State of the Art Lane Conditioner

• Automatic Scorers

• Pro Shop with drilling and refinishing equipment

• 5 Professional Regulation Size Pool Tables (Leased)

• Snack Bar fully equipped with new Pizza Over, Grill, Deep Fryer, Refrigerated Pizza Prep Table & Pizza Warmer

• Game Room

• State of the Art Cosmic Rocking Bowl

• Qualifies for State Tournaments

• Lots of Leagues Set Up and Operating

• Management Willing To Stay

• Public and Employee Bathrooms

• SBA Loan Eligible

Details:

The Brunswick A-2 pin spotter is 8-10 years old and well-maintained.  The lanes are wood and are 2.5 to 2.75 inches thick. 

There are AS 90 scorers, Zip automatic ball cyclers purchased in the first quarter of 2003.

There are nine 5 ton cooling units and five heating units.  One 12 seer cooling unit is new.  The others have been maintained and are in operating condition. 

Most of the parking lot is new (about $30,000 spent for replacement).

The sound and light system was installed late summer of 2004. 

Carpet was installed summer of 2002 and is still in good shape.

Click here for Appraisal Value Signature Page

Call Jerry Brewer (903-691-0941) or  (903) 793-2666 or contact him here.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.