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.comIn 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]
