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Remodeling
Upgrading a bowling center has been proven over and over again to generate more revenue. The amount of modernization that makes economic sense depends on such factors as the center's location, the competition, demographics of its customers, and the financial condition of the center prior to the upgrade. Ken Paton can help to evaluate what equipment makes sense to invest in as well as whether a building remodel can be justified. Ken has lenders who are willing to look at the future revenue in addition to the historic in underwriting a loan.
This 12 lane center was expanded to 18 lanes by replacing a roller skating rink that had been damaged by a leaking roof. In addition, a new snack bar was built, the front desk was repositioned. The new SBA 7(a) loan providing financing for the purchase by the former manager and remodel with a low down payment. |
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