Under Contract
Property Management Opportunity
West Michigan Bingo Hall and Rental Property
On NextCompany since September 18, 2026 (27 days)
MI areaEstablished 19801 PT employees
Business overview
This West Michigan bingo hall combines property ownership with games that nonprofits operate. The business has operated since 1980 and currently sits under contract. Nonprofits run 9 games weekly; the license permits up to 14. Outside providers handle concessions and cleaning.
The property includes an approximately 8,000 sqft steel auditorium with a kitchen and expressway visibility. A tenant leases an additional approximately 1,200 sqft building. The $1,150,000 asking price includes real estate and FF&E. The business reports gross revenue of $272,680 and cash flow of $140,522.
Who is a good fit for this business
- Property investors seeking a landlord role with nonprofits operating the bingo games.
- Buyers seeking real estate ownership with an additional leased building.
Details
- Reason for selling
- The Seller wishes to retire
- Real estate
- Owned, included in sale
Frequently Asked Questions
The hall hosts 9 games weekly, with nonprofits running every game. Its license permits up to 14 games. Outside providers handle concessions and cleaning. The business employs 1 part-time worker.
The $1,150,000 asking price includes real estate and FF&E. The approximately 8,000 sqft auditorium dates to 2004 and features steel construction, a kitchen, and expressway visibility. A tenant leases an additional approximately 1,200 sqft building.
The business reports gross revenue of $272,680. It reports seller's discretionary earnings of $140,522.
The seller wishes to retire. The seller will train a new owner.
The listing currently carries under-contract status. Doug De Jonge represents the listing through Advanced Business Brokers.