1504 Chestnut St
Mishawaka, IN 46545
1504 Chestnut Street · Retail Property For Sale

BUSINESS FOR SALE. A long time locally family owned and operated bowling alley business is for sale as ownership looks to retire. The operating business along with all furniture, fixtures, equipment and the real estate are combined for a sale of only $300,000. 24 AMF bowling lanes, ball returns, pin setters, scoring along with full bar with 2-way liquor license. Consistent annual revenues of over $250,000. Great opportunity for an involved and active owner to grow the business. Revenue: 2013 $255,000; 2014 $261,000 and 2015 $276,000. Parkway Lanes is located on the north side of Mishawaka that is easily accessible from Jefferson Blvd. to the south and McKinley Highway to the north with approximately 12,555 cars daily on Jefferson Blvd. The immediate area includes one of the areas largest car dealership (Jordan Automotive Group), residential housing, commercial, industrial warehouse, automotive and retail businesses. Within a one-mile radius there is a resident population of 9,890 with an average household income of $48,196. The property is in close proximity to the Town & Country and University Park Trade Areas, Edison Lakes Corporate Park, schools, Capital Avenue Extension that connects with the I-80/90 Toll Road and US 20/31 ByPass.