Eastgate Lanes in Newton FOR SALE

Business Opportunity for Sale
Catylist Listing ID: 30773098
Property Subtypes: Entertainment and Leisure
Building Size (RSF): 10,004 SF
Sale Price: $325,000
Name of Establishment: Eastgate Lanes
Business Website Address: https://eastgatebowl.com/
Year Business Established: 1989
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 11/8/2021

Overview / Comments

FULLY FUNCTIONING BOWLING ALLEY is ready for it's new owner.
-10,004 sf
-12 bowling lanes with Brunswick bowling equipment
-Full commercial kitchen
-All bowling equipment stays with the property

Attachments & Media

Additional Details

Nearest MSA: Wichita
County: Harvey
Industry Segment: Other Entertainment and Leisure
Reason for Selling: Owners would like to retire.
Value of Inventory Included ($): $125,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $20,000
Employee/Labor Description: This is a family owned establishment. No employment contracts need negotiated.
Growth/Expansion Opportunities: Owner is currently only open during league bowling times which is Monday-Friday in the evening and Wednesday afternoons. Possibility for growth during evenings and weekends for open play and parties plus lunch and dinner.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,120 18,556 22,204
Median Age: 40.7 38.52 38.81
Households: 1,276 7,414 8,783
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