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Buying a Bingo Hall?! The Most Unusual Business Deal We’ve Seen
Manage episode 467787269 series 2842765
You won't believe this unique real estate investment: a Bingo Hall for sale in Michigan!
Business Listing - https://abb-businessbrokers.com/long-time-bingo-hall/
Acquisition Lab – Your premier buy-side advisory service for buying a business. Check them out at https://www.acquisitionlab.com/
HoldCo Conference – The ultimate event for entrepreneurs and investors in the holding company space. Get your tickets at https://www.holdcoconference.com
In this episode, the team dives into an unusual investment opportunity: a long-standing Bingo Hall in Michigan. Mills Snell, Michael Girdley, and Heather Endresen discuss the business model, potential risks, and whether this is a viable acquisition. They explore the regulatory gray areas of bingo operations, compare them to other gambling-adjacent businesses like poker rooms in Texas, and debate the long-term sustainability of the industry as demographics shift. Is this a hidden gem or a risky play?
Key Highlights:
- Why Bingo Halls are so hard to find on the market
- The real estate play behind this business opportunity
- The regulatory and compliance risks of bingo and gambling-adjacent businesses
- Is the decline of baby boomers a long-term headwind for Bingo?
- Can an SBA loan be used for this kind of acquisition?
- The parallels between Bingo Halls, poker rooms, and other gaming-related businesses
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
- Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
- Do you enjoy our content? Rate our show!
- Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
For inquiries or suggestions, email us at [email protected]
391 episodes
Buying a Bingo Hall?! The Most Unusual Business Deal We’ve Seen
Acquisitions Anonymous - #1 for business buying, selling and operating
Manage episode 467787269 series 2842765
You won't believe this unique real estate investment: a Bingo Hall for sale in Michigan!
Business Listing - https://abb-businessbrokers.com/long-time-bingo-hall/
Acquisition Lab – Your premier buy-side advisory service for buying a business. Check them out at https://www.acquisitionlab.com/
HoldCo Conference – The ultimate event for entrepreneurs and investors in the holding company space. Get your tickets at https://www.holdcoconference.com
In this episode, the team dives into an unusual investment opportunity: a long-standing Bingo Hall in Michigan. Mills Snell, Michael Girdley, and Heather Endresen discuss the business model, potential risks, and whether this is a viable acquisition. They explore the regulatory gray areas of bingo operations, compare them to other gambling-adjacent businesses like poker rooms in Texas, and debate the long-term sustainability of the industry as demographics shift. Is this a hidden gem or a risky play?
Key Highlights:
- Why Bingo Halls are so hard to find on the market
- The real estate play behind this business opportunity
- The regulatory and compliance risks of bingo and gambling-adjacent businesses
- Is the decline of baby boomers a long-term headwind for Bingo?
- Can an SBA loan be used for this kind of acquisition?
- The parallels between Bingo Halls, poker rooms, and other gaming-related businesses
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
- Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
- Do you enjoy our content? Rate our show!
- Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
For inquiries or suggestions, email us at [email protected]
391 episodes
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