has lost nearly 1,500 bowling centers. Yes some of them have closed due to economic decline, lack of interest, or the increase in options people have to spend their entertainment dollar, but that is not always the case. Bowling center proprietors can and should hold themselves responsible for evolving their business to keep up with the times. In other words don’t get left in the 50s and 60s. Some owners have just simply not reinvested any capital back into the business. Several bowling centers close because the building is in ill repair and outdated. The money it would take to repair and update becomes so large that the only alternative is to close. Within a matter of time the property goes up for sale but is not attractive to anyone who wants to operate a bowling center in it due to the initial big investment needed just to have a sound structure. Bowling center owners do not always make the best businessmen. Another reason for the decline is mismanaging money, such as not paying taxes and falling behind on mortgage payments. Not all bowling center owners are terrible businessmen though, some have sold their businesses and property as they have appreciated in value over time. Regardless of which scenario directly applies to why a place closes, the community is negatively
has lost nearly 1,500 bowling centers. Yes some of them have closed due to economic decline, lack of interest, or the increase in options people have to spend their entertainment dollar, but that is not always the case. Bowling center proprietors can and should hold themselves responsible for evolving their business to keep up with the times. In other words don’t get left in the 50s and 60s. Some owners have just simply not reinvested any capital back into the business. Several bowling centers close because the building is in ill repair and outdated. The money it would take to repair and update becomes so large that the only alternative is to close. Within a matter of time the property goes up for sale but is not attractive to anyone who wants to operate a bowling center in it due to the initial big investment needed just to have a sound structure. Bowling center owners do not always make the best businessmen. Another reason for the decline is mismanaging money, such as not paying taxes and falling behind on mortgage payments. Not all bowling center owners are terrible businessmen though, some have sold their businesses and property as they have appreciated in value over time. Regardless of which scenario directly applies to why a place closes, the community is negatively