Passion & Profit in an American Pastime

Former pro bowler Mike Fagan bought a $2m bowling center with a plan to roll up and rejuvenate these legacy businesses. Topics in Mike’s interview:His professional bowling careerConnecting with a bowling-specific brokerEconomic role of league bowlersThe decline of bowling in AmericaTraditional bowling vs BowleroBuying a traditional, older bowling alleyRunning leaner to pay down debtEmployee resistance to changeSuccess with online bookingsHis goal of managing remotely References and how to contact Mike:LinkedInTenpins & MoreBowling Alone by Robert D. PutnamCarlo Santelli on Acquiring Minds: ​​How to Buy a $13m Business with No PG, No InvestorsWebinar: Using a Sale-Leaseback to Buy a Business Learn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition Lab Get a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher Download the New CEO’s Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.com Connect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter Edited by Anton Rohozov Produced by Pam Cameron