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Background 

A bank approved a loan for my client but wanted a feasibility study to confirm the need for the new center.

 

Challenge

 

My client had management experience, good credit, and a reasonable down payment but didn’t have any hard data to support the proposed project.  He knew it should be successful but couldn’t meet the bank’s requirement.

 

Solution

 

I prepared a feasibility study using data from the Sporting Goods Manufacturers’ Association data, the BPAA Benchmark Study, a commercially available demographic report, and other data on the market and on the bowling industry.  The bank was satisfied with the study and funded the loan. 

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