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Auction Information
Auctioneer Key Auctioneers 855-353-1100
Auction Date Nov 30 Auction
Location
50 W Westgate Drive
Wheatfield, IN
Time 10:00AM
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Auction Listing
AuctionZip Auctioneer ID# 11453
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Turn-key business opportunity! Entertainment center with 12 bowling lanes, golf simulator, arcade, 4 private party rooms, and complete bar with patio. 23,232 SF building and equipment excellent condition on 1.58 AC. Purchase to include all furniture, fixtures and equipment necessary for the operation of this Family Fun Center!

Broker participation is invited!

Address

50 W. Westgate Drive, Wheatfield, IN 46392

Zoning

B-1; Roadside Business District

Parcel Number

37-16-25-000-053.023.034

Cause Number

37C01-1511-MF-000955

Lot Size

1.58 AC

Frontage Area

325' along Westgate Drive

Access

Asphalt paved driveways on Westgate Drive & Meyers Street

Utilities

Municipal gas, electricity & sewer available; private 4" well for water

Building Size

23,232 SF (176' x 132')

Construction Type

Steel building, metal-siding, slab foundation

Roof Type

Pitched, metal standing seam; 6" gutters & downspouts

Year Built

2008

Parking Lot

Asphalt paved

Ceiling Height

11' to 14' finished with acoustic ceiling tiles

Flooring

Carpet & vinyl in open seating area; carpet in hall & party rooms;

 

vinyl tile in restrooms

Walls

Painted drywall throughout

Windows/Trim

Insulated fixed pane in metal frames

Doors

Exterior metal/glass double entrance doors; metal service doors;

 

interior solid core wood doors

Lighting

Fluorescent lay-in troffers; pendant fixtures & recessed lighting in bar

HVAC

(10) Goodman gas forced-air furnaces & central A/C; five zones;

 

Payne A/C unit for pinsetter room

Plumbing

75-gallon Richmond water heater

 

Water softener system in place

 

Men's restroom has two metal stalls, two urinals and a Formica counter

 

with sink. Women's restroom has three metal stalls and a Formica

 

counter with sink. Bar restrooms each have wall-hung sinks. Flush tank

 

toilets in all restrooms.

Electrical

3-phase, 400 amp electric service panel

Assessed Tax Value

$968,100

Annual Taxes

$12,302.18

Other Pertinent Data

12 Brunswick bowling lanes with automated scoring system

 

4 Private Party Rooms

 

Party area also has separate entrance

 

Arcade/Game Room

 

Golf Simulator Room

 

Complete Bar with enclosed patio area

 

Office

 

Unfinished mezzanine area

Furniture, Fixtures & Equip

Brunswick GSX pinsetters; computerized scorekeeper/video equipment;

 

ball returns, ball racks, balls, shoes, scoring tables and chairs, dining tables and chairs, bar equipment, tables, chairs, smallwares. Full listing

 

forthcoming.

Required Down Payment

$10,000 cashier's check day of sale; bring to 10% within 3 business days

Closing Time

Within 30 days

Tax Administration

Buyer pays beginning with next installment due and payable (May, 2017)


For more information, contact
Veronica Hughes
(317) 353-1100 (Office)
(317) 430-6169 (Cell)
vhughes@keyauctioneers.com


Key Terms
10% buyers premium will be collected
Licenses: AC30900124; Seth D. Seaton (AU10900115)
Cause #: 37C01-1511-MF-000955 




Auctioneer License Information: AC30400094

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