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WHY INVEST IN BOWLING?
Bowling is a stable, predictable, cash business and investing in a new bowling center can provide very interesting returns. Whatever form today’s modern bowling center takes – traditional center, family entertainment center (FEC), or a combination of tenpin, mini-bowling and other attractions – it generates dependable cash returns all year long. A new bowling center can produce a return on investment in less than four years, consistently delivering an operating cash flow of 25% or more. A well-run center can generate $40,000 - $70,000 per lane.
After the initial investment, a new bowling center requires minimal working capital. Little or no inventory allows for maximum use of space and capital. Bowling is a proven attraction. From the youngest to the oldest customers, bowling has a proven market demand – and it’s one you can increase with your center’s own special mix of attractions. If well planned, your bowling investment is sure to attract a large customer base. Bowling maintains strong worldwide participation, year after year. There are more than 210,000 lanes in 11,600 bowling centers worldwide. More than 100 million people bowl at least one game a year. And about 60 million in the US bowl at least once annually. This strong, already existing, worldwide participation provides good protection to bowling investments, which will deliver solid returns year after year.
Source: http://www.qubicaamf.com/NewCenters.aspx
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Top Five Fastest Growing Sports & Top Ten Participation Sports The chart displays the top five fastest growing sports for 2003 - 2006 based on percent change. The percent change of bowling is listed in order to compare the sports. The bottom chart displays the top ten sports in terms of total number of participants in 2005 and 2006 and the percent change from 2004 to 2006.NOTE: see webpage for chart.
Source: http://www.bowlingfoundation.com/statistics.asp
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Bowling: A National Long-Term Investment (pg. 6) Certainly, the economic climate is a talking point among proprietors these days, but it doesn’t come anywhere close to the doomsday voices you’ll hear on the various news networks. Many proprietors who call or write in to BCM have discussed some slow times as the fall season started. But interestingly, not a single proprietor has mentioned that business has been “horrible” or “bad.” For most bowling proprietors who reported a slow start to the season, they just consider it a downtick, like others they have faced over the years, decades and generations. This industry has some perspective. When you compare this sport’s stance on the economy to the gloom in other industries, things are looking pretty good for bowling.
Source: http://www.bpaa.com/pdf/BCM_Mag/BCM_1208.pdf
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Excerpt:
Technology is rapidly changing the way industries—including bowling—will be serving its customers. One of the most significant emerging trends is the self-service kiosk. For many, our first introduction to “self-service” appeared in the banking industry with the introduction of ATMs. Because bowling is identified as an entertainment/recreation business, it must compete with other businesses such as health clubs and cinema complexes that have been aggressively deploying self-service technology to enhance their customer experience. Pat Ciniello owns and operates several Florida centers where he has deployed self-service kiosk so that customers could retrieve league and tournament information after bowling. This allowed “information on demand” that was part of enhancing the customer’s experience while bowling at his center. Additionally, the kiosk allows cycling of advertising messages, which the center managers can adjust and modify. For example, they can advertise a sale at the pro shop or a snack bar special.
Source: http://www.bcmmag.com/index.php?option=com_content&task=view&id=68&Itemid=29
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