opening a bowling alley
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From: Monteagle, TN
opening a bowling alley
I'm looking into the bowling alley business. Anyone familiar with the financial aspect of the business? operating cost, profitability, average occupancy...
Thanks
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From: Here
NAICS: 713950; SIC: 7933 (Bowling Centers)
You will need access to Risk Management Association Financial ratios...
also Ibisworld.
I don't think the Financial studies of small business have anything specific to bowling centers
Also check the Lifestyle market analyst for best customers and psychographic data.
sbrnet.com is good for sports participation and consumer expenditures if you have the money to spend for subscription
Excerpt: Bowling Industry Figures:
You will need access to Risk Management Association Financial ratios...
also Ibisworld.
I don't think the Financial studies of small business have anything specific to bowling centers
Also check the Lifestyle market analyst for best customers and psychographic data.
sbrnet.com is good for sports participation and consumer expenditures if you have the money to spend for subscription
Excerpt: Bowling Industry Figures:
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Joined: Sep 2008
Posts: 11,078
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From: Here
Excerpt:
The initial start-up expenses will be approximately $300,000. The inventory, equipment, furniture, fixtures, and leasehold improvements will cost approximately $125,000. Investors and/or a bank loan must be secured in the amount of $125,000 at 14.0% amortized over ten years. The initial investors will furnish approximately $50,000, which is 18.5% of the total. After all expenses of start-up, $40,000 will remain in a new business checking account and will provide the balance of the initial working capital.
Source: http://findarticles.com/p/articles/mi_gx51..._n19118821/pg_2
The initial start-up expenses will be approximately $300,000. The inventory, equipment, furniture, fixtures, and leasehold improvements will cost approximately $125,000. Investors and/or a bank loan must be secured in the amount of $125,000 at 14.0% amortized over ten years. The initial investors will furnish approximately $50,000, which is 18.5% of the total. After all expenses of start-up, $40,000 will remain in a new business checking account and will provide the balance of the initial working capital.
Source: http://findarticles.com/p/articles/mi_gx51..._n19118821/pg_2
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From: Monteagle, TN
Originally Posted by GateCrasher,Jul 21 2009, 09:15 AM
Excerpt:
The initial start-up expenses will be approximately $300,000. The inventory, equipment, furniture, fixtures, and leasehold improvements will cost approximately $125,000. Investors and/or a bank loan must be secured in the amount of $125,000 at 14.0% amortized over ten years. The initial investors will furnish approximately $50,000, which is 18.5% of the total. After all expenses of start-up, $40,000 will remain in a new business checking account and will provide the balance of the initial working capital.
Source: http://findarticles.com/p/articles/mi_gx51..._n19118821/pg_2
The initial start-up expenses will be approximately $300,000. The inventory, equipment, furniture, fixtures, and leasehold improvements will cost approximately $125,000. Investors and/or a bank loan must be secured in the amount of $125,000 at 14.0% amortized over ten years. The initial investors will furnish approximately $50,000, which is 18.5% of the total. After all expenses of start-up, $40,000 will remain in a new business checking account and will provide the balance of the initial working capital.
Source: http://findarticles.com/p/articles/mi_gx51..._n19118821/pg_2
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From: Here
I think it depends on what you plan on including. Is it a family center with other activities ie mini golf, karts, arcade, etc? Do you have a small burger hot dog and soda koisk? Serving alcohol? Locker rooms? Shoes & Balls inventory?
Financial Ratios based on estimates from real business plan
Kiln Creek Bowling Center:
Start up funding: 4.5Million http://www.bplans.com/bowling_entertainmen...tart-up_Summary
Financial Plan:
http://www.bplans.com/bowling_entertainmen...ial_plan_fc.cfm
Karaoke Bar - Bowling Alley - Rockin Roll
Startup Funding: 200K http://www.bplans.com/karaoke_bar_-_bowlin...tart-up_Summary
Financial Plan: http://www.bplans.com/karaoke_bar_-_bowlin...ial_plan_fc.cfm
Also:
http://www.bplans.com/business_plan_search...bowling&x=0&y=0
Please check also
Bowling Proprietors Association of America: http://www.bpaa.com/
Bowling Center Management: http://www.bcmmag.com/
Some Business Templates to help with your planning : http://www.score.org/template_gallery.html
I highly recommend finding someone with a copy of the RMA. Probably your Local small business counselor (You have already paid for their services with your hard earned tax payer $$$)
Financial Ratios based on estimates from real business plan
Kiln Creek Bowling Center:
Start up funding: 4.5Million http://www.bplans.com/bowling_entertainmen...tart-up_Summary
Financial Plan:
http://www.bplans.com/bowling_entertainmen...ial_plan_fc.cfm
Karaoke Bar - Bowling Alley - Rockin Roll
Startup Funding: 200K http://www.bplans.com/karaoke_bar_-_bowlin...tart-up_Summary
Financial Plan: http://www.bplans.com/karaoke_bar_-_bowlin...ial_plan_fc.cfm
Also:
http://www.bplans.com/business_plan_search...bowling&x=0&y=0
Please check also
Bowling Proprietors Association of America: http://www.bpaa.com/
Bowling Center Management: http://www.bcmmag.com/
Some Business Templates to help with your planning : http://www.score.org/template_gallery.html
I highly recommend finding someone with a copy of the RMA. Probably your Local small business counselor (You have already paid for their services with your hard earned tax payer $$$)
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From: Monteagle, TN
Originally Posted by GateCrasher,Jul 21 2009, 12:47 PM
I highly recommend finding someone with a copy of the RMA. Probably your Local small business counselor (You have already paid for their services with your hard earned tax payer $$$)
