How do I find a bowling alley for sale in Canada?
Bowling centres change hands rarely, so search several channels at once: business-for-sale listing sites, brokers who handle leisure businesses, industry contacts such as equipment suppliers and league organizers, and direct, respectful approaches to owners who may be thinking about retirement. Expect to wait, and be ready when one appears.
A bowling centre is a specialized property with a small pool of owners, so listings are few and often quiet. Waiting for a notice may not be enough. Tell several people what they were looking for, set up alerts, and kept their financing questions ready. This page covers the search step. The guides on buying and checking a centre begin once you have found one.
Listing sites and alerts
Start with business-for-sale sites, and save a search for bowling and for broader terms such as entertainment and leisure. Some centres are listed as a property sale rather than a business sale, so read both kinds. Alerts matter because a rare listing can draw interest quickly. When a listing appears, request the full summary, and have your lawyer review the confidentiality agreement the seller asks for before you sign.
Brokers and industry contacts
Brokers who handle leisure and hospitality businesses sometimes hear about a sale before it is public. Tell them your area, the type of centre you want and how you plan to finance it. Equipment suppliers, mechanics and league organizers also know which owners are tiring or planning an exit, so introduce yourself to them as a serious, discreet buyer.
Approaching owners directly
Owners nearing retirement may not have a plan for the business. A short, courteous letter that says who you are and asks for a conversation is usually better than a cold offer. Expect many to decline, and expect the owner to want confidentiality, since staff and league players may not yet know. Never contact staff about it.
What to ask from a first listing
- Does the sale include the building or only the business and a lease?
- Who owns the lanes, pinsetters and scoring systems, and are any leased?
- Why is the owner selling, and how long has the centre run under this owner?
- What do the leagues, parties and food and bar service each contribute?
Related reading
15 pages on the same subject, grouped by topic.
Buying
- GuideBuying a bowling centre in Canada
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Selling
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWorking with a broker to find a business to buy
- 02Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 03Business Development Bank of CanadaGovernmentHow to Find the Right Buyer for Your Business
- 04Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
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