Established Bingo Hall and Events Auditorium in West Michigan

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Financial Details

Asking Price:
$1,115,000
Annual Revenue:
$280,075
Cash Flow / SDE:
$168,185
Profit Metric:
Cash Flow
Valuation Multiple:
6.6x
Location:
MI, US
Source:
Date:
September 15, 2025

Key Highlights

Long-standing, profitable bingo hall and events auditorium with over 40 years of continuous operation.
Prime West Michigan location, a well-established community mainstay with a loyal customer base.
Turnkey operation with existing sessions, pull tabs, and concessions; ideal for non-profit fundraising or entertainment investment.

Description

This is a well-established and profitable bingo hall and events auditorium located in West Michigan, boasting over 40 years of continuous operation and serving as a vital community hub. The business offers a turnkey investment opportunity with 9 bingo sessions held weekly, alongside pull tabs and concessions. It is a significant revenue generator for numerous non-profit organizations. The sale includes real estate, and management has expressed willingness to stay on, ensuring a smooth transition for the new owner. This venue is a stable, community-focused business with a proven track record.

Industry Information

Industry Description:
Other Arts, Entertainment and Recreation Businesses
Classification:
Entertainment & Recreation

Operational Snapshot

Year Established:
1985

Real Estate & Lease

Status:
Included

Listing Details

Listing ID:
375f1e43-e596-4d1f-ac40-a63a6be83030
Deal Status:
For Sale
Date Posted:
July 26, 2024
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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