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BIZBITE
345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Physical
47
/100 score
Fair

Bowling Alley

Strikes, spares, and surprisingly solid cash flow

Bowling alleys generate revenue from lane rentals, shoe rentals, food and beverage sales, leagues, and events. Modern bowling centers have evolved into entertainment complexes with arcades, bars, and party rooms. League bowling provides a predictable base of recurring weekly revenue.

Avg Revenue

$800K

Profit Margin

15%

Acquisition Multiple

2x - 3x

Startup Cost

$500K - $2.0M

Difficulty

4/5

How It Works

Revenue streams include lane fees (hourly or per game), shoe rentals, food and beverage, arcade games, league fees, and private event/party bookings. Leagues run weekly for 30+ weeks and provide a steady revenue base. Cosmic/glow bowling and entertainment upgrades drive higher per-visit spending.

Revenue Range

Low End
$400K
Typical
$800K
High End
$2.0M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 713950 · Bowling Centers

Deals tracked
58
28 in last 24 mo
Median loan
$1.2M
$309K–$2.4M p25/p75
Implied deal size
$1.4M
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal Size Distribution

<$150K
8
$150K–500K
11
$500K–1M
7
$1M–2M
14
>$2M
18

Deal Flow Over Time

Deals per year · median loan
$1.6M
2020
5
$478K
2021
6
$633K
2022
2
$2.7M
2023
10
$1.0M
2024
13
$1.1M
2025
20
$2.2M
2026
2
12-month momentum
-66.7%
deal volume vs prior 12 mo
Median loan Δ
-62.7%
7 recent · 21 prior

Financing Profile

Median rate
9.50%
25% fixed · last 24 mo
Median term
300 mo
real-estate heavy
Collateralized
100%
of loans secured
Median jobs
14
supported per deal
Top lenders in this space
The Huntington National Bank10
Provident Bank4
Grasshopper Bank National Association3
IncredibleBank2
Bank Five Nine2
Where deals happen
MI8
WI7
OH6
IL5
PA4
NY2
IN2
FL2
NJ2
UT2

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Nov 2025DE$150K$177K25
Nov 2025DE$4.2M$5.0M25
Sep 2025NJ$445K$524K8
Sep 2025PA$2.4M$2.8M12
Jun 2025WV$215K$253K5
May 2025OH$25K$29K8
May 2025OH$1.1M$1.3M8
Apr 2025IL$550K$647K7
Mar 2025OH$100K$118K47
Mar 2025OH$1.9M$2.3M47
Volume rank #115/534Deal-size rank #99/534Momentum rank #302p90 loan: $3.0MData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Multiple revenue streams beyond just bowling
  • +League bowling provides reliable recurring revenue
  • +Community gathering place with strong local loyalty
  • +Food and beverage carry high margins (60-70%)

Cons

  • -High capital requirements for equipment and buildout
  • -Lane maintenance and pinsetter repairs require specialized techs
  • -Seasonal demand fluctuations (summer slumps)

Best For

Operators who enjoy community-facing entertainment businesses

Operating Costs

Major costs include labor (largest expense), utilities (especially HVAC for large spaces), equipment maintenance, food/beverage COGS, and rent or mortgage.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

$-323/mo
after debt service
Deal price — $1.4M
Range: $1.2M (2×) to $3.2M (3×+)
Down payment — 15% ($209K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.50%
SBA median for this category: 9.5%
Loan term — 25 years (300 mo)
SBA median for this category: 300 months
Down payment
$209K
15% equity injection
Loan amount
$1.2M
85% SBA-financed
Monthly payment
$10K/mo
$1.9M total interest
Monthly profit
$10K/mo
at 15% margin
Monthly cash flow after debt service
$-323/mo
Margin does not cover debt service at these terms. Lower the deal price, increase the down payment, or extend the loan term.

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell

Find bowling alleys and entertainment centers for sale

BizQuest

Browse bowling alley and recreation business listings

47/100Fair

Acquisition Score

Profit margin
10/30
Entry multiple
25/25
Market depth
4/20
Risk (charge-off)
8/15
Deal momentum
0/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
physical
Difficulty
4/5
Buy price
$1.6M$2.4M

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