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

Features & Tags

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