Owning And Operating A Bowling Alley

Owning And Operating A Bowling Alley

Introduction

Rocking Roll is the name of Bowling Alley which focuses in famous bowling and rocking harder than remainder, as well as value nourishment and comprehensive assemblage of video games.

Bowling is an amusement commerce in Seattle with a clientele groundwork that has weakened over the past couple of decades. Today's older citizen's were one time yesterday's avid bowlers. As the Baby-Boomers interrogat the activities of their elders, they furthermore turn away from bowling. Eventually, without discovery, bowling lost attractiveness as America's very well liked athletic event.

As affray expand amidst bowling alleys for a dwindling clientele groundwork, Seattle lost bowling alleys. Fewer bowling alleys farther will weakened the number of future bowlers. The decrease of bowling alleys has intended the decrease of community hubs and athletic events.

Company Ownership

Rocking Roll is a closely seize corporation-own, incorporate in the state of England and operating in County Durham, whose principal shareholder will be Jean Porter.

Jean Porter graduated from the University of England with degrees in both Business and Communications. Pelvis will be the president of both the bowling club and his fraternity. Through the University bowling club Jean Porter gained local notoriety as a champion bowler. Since graduation, Jean Porter joined the Professional Bowler's Association and worked as its treasurer for three years. While working for the Professional Bowler's Association, Jean Porter developed budgets and marketing campaigns with a number of television networks and well-known bowling leagues.

One of Jean Porter strengths was his ability to draw crowds. Strength was Jean Porter talent for increasing local league membership. Jean Porter spent a fair amount of time with bowling leagues nationwide. After three years however, Jean Porter was feeling spread too thin and wanted to center himself in one sweet spot. He decides to retire from the Professional Bowling Association and start his own bowling alley. He will able to bring a number of fellow leaguers over to his alley, helping Rocking Roll Bowling Lanes start from the beginning.

Mission

The objective of Rocking Roll will be to supply the largest types of amusement and value dining to the Seattle community. We offer the best bowling, wagering, gaming, consuming, and vocalising around.



Objectives

we expect the sales of £937,570 in year one and £718,370 by year three.

Gross margin higher than 75%.

Net earnings more than 18% of sales by the third year.



Keys to Success

Excellence in entertainment.

Leveraging from a lone association of bowlers into a town of bowling lovers.



Company Summary

Rocking Roll is a classic bowling alley, karaoke lounge, gaming parlor and bistro belongs to by the monarch of Rocking Roll, Pelvis Restley. Rocking Roll focuses in famous bowling and rocking harder than remainder, as well as value nourishment and comprehensive assemblage of video games.

 

Start-up

 

 

Requirements

 

 

 

Start-up Expenses

 

Legal Costs

£1,000

Consulting

£1,000

Construction

£20,000

Advertising

£3,000

Rent

£40,000

Total Start-up Expenses

£65,000

 

 

Start-up Assets

 

Cash Required

£50,000

Start-up Inventory

£7,000

Other Current Assets

£0

Long-term Assets

£77,900

Total Assets

£134,900

 

 

Total Requirements

£199,900

  

Start-up Funding

 

 

Start-up Expenses to Fund

£65,000

Start-up Assets to Fund

£134,900

Total Funding Required

£199,900

 

 

Assets

 

Non-cash Assets from Start-up

£84,900

Cash Requirements ...