Established West Michigan Bingo Hall & Events Venue with Real Estate Included
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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:
- November 05, 2025
Key Highlights
Highly established business with over 40 years of continuous operation in the community.
Real estate is included in the asking price, offering significant asset value.
Streamlined operations as bingo, concessions, and cleaning are fully outsourced.
Description
This is an exceptional opportunity to acquire a long-standing and profitable Bingo Hall and Events Auditorium located in West Michigan. Operating continuously for over 40 years, this venue is a true community mainstay. The asking price of $1,115,000 includes the underlying real estate. The business model is highly efficient, as core functions including bingo sessions (9 per week), concessions, and cleaning are all outsourced. In addition to live bingo, the venue generates revenue from pull tabs and concessions. With $280,075 in sales and $168,185 in cash flow, this turnkey operation requires nothing to start immediately.
Industry Information
- Industry Description:
- This listing is for an established Bingo Hall and Events Auditorium located in West Michigan, which also presents a property management opportunity.
- Classification:
- Entertainment & Recreation
Operational Snapshot
- Year Established:
- 1985
Real Estate & Lease
- Status:
- Included
Listing Details
- Listing ID:
- 5e04d44e-3702-401a-84dc-80dd37927cf7
- Deal Status:
- For Sale
- Date Posted:
- July 26, 2024
- Last Updated:
- November 05, 2025
- Currency:
- USD
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