How One Bowling Alley Made Millions Through COVID

In this episode the hosts analyze a trendy bowling alley, arcade, and bar concept generating nearly $1 million in EBITDA and debate whether the real opportunity lies in the business itself—or in the underlying real estate.Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter💰 Sponsored by:FRANZY - Thinking about buying a franchise instead of an independent business? FRANZY is a free platform built for acquisition-minded entrepreneurs who want to explore franchise ownership without broker bias. FRANZY matches you with franchise opportunities based on your capital, goals, and lifestyle—and includes free coaching from experienced franchise operators. If you're exploring ETA but want a structured, system-driven alternative, check out https://franzy.com/ Viso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.This week the team reviews a unique entertainment venue in Charlotte, North Carolina that combines bowling, arcade games, food, drinks, and nightlife into a single destination. The business generates approximately $4.2 million in annual revenue and $930,000 in EBITDA, with an asking price of $3.65 million. The catch? The real estate is separate and reportedly worth nearly $9 million on its own.Key Highlights:- Asking price: $3.65 million for the business, with real estate valued at approximately $9 million.- Generates roughly $4.2 million revenue and $930K EBITDA.- Revenue peaked above $5.4 million before experiencing several years of decline.- More than half of revenue comes from alcohol sales, with arcade games contributing high-margin income.- Hosts conclude the most attractive part of the deal may be the real estate rather than the operating business.Subscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.Do you enjoy our content? Rate our show!Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.For inquiries or suggestions, email us at [email protected]