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
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