Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Bowling s of 466. (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/bowling-s-466-a-252506/)

SouthOfTheBorder 01-10-2018 07:55 PM

Quote:

Originally Posted by GoodLife (Post 1503275)
A 15-20 lane bowling alley, according to Brunswick would cost you well over $2 million to buy land, build building and equip. The number of bowling alleys in US has gone down by about 30% since 1998. Not a good bet for ROI.

Aren't they saying the same thing about golf trending in the US? Yet TV is sure not following that trend.

I believe the TV developers are always looking for an opportunity to build/lease out commercial space for savvy business people. Based on announced residential sales plans south of SR 44 it wouldn't surprise me if a bowling/indoor video golf complex will be open within the next 5 years or so. :cool:

Don

GoodLife 01-10-2018 08:18 PM

Quote:

Originally Posted by SouthOfTheBorder (Post 1503408)
Aren't they saying the same thing about golf trending in the US? Yet TV is sure not following that trend.

I believe the TV developers are always looking for an opportunity to build/lease out commercial space for savvy business people. Based on announced residential sales plans south of SR 44 it wouldn't surprise me if a bowling/indoor video golf complex will be open within the next 5 years or so. :cool:

Don

Golf courses in US are in about a 10% decline. Not as drastic as bowling alleys. Golf course development is even more expensive and risky than bowling alleys.

TV builds golf courses to sell real estate, not to make profit on the golf courses.

justjim 01-10-2018 08:26 PM

Timeframe
 
Quote:

Originally Posted by SouthOfTheBorder (Post 1503408)
Aren't they saying the same thing about golf trending in the US? Yet TV is sure not following that trend.

I believe the TV developers are always looking for an opportunity to build/lease out commercial space for savvy business people. Based on announced residential sales plans south of SR 44 it wouldn't surprise me if a bowling/indoor video golf complex will be open within the next 5 years or so. :cool:

Don

I agree but think the timeframe could be in the two or three years range.

Retiring 01-10-2018 08:46 PM

Bowling is in decline but still much fun. I was once a very avid bowler. Had all the gear, 3 balls for different lane oil, drilled by the premier driller in the city, and the best shoes of course. Bowled in a scratch league at 16 with a 200+ avg. Even considered an attempt at the pro level, but I was not consistent enough for them. Recently I bowled for the first time since HS (36 years ago) and I bowled about a 130. I guess it’s not like riding a bike, you do lose it. After I retire if I find an enjoyable league I may take it up again.

CFrance 01-10-2018 10:14 PM

Quote:

Originally Posted by spring_chicken (Post 1503315)
There is a bad bowlers league that is a lot of fun. At 116, you'd be a star.

Seriously? Where is that!

Polar Bear 01-10-2018 11:47 PM

Quote:

Originally Posted by CFrance (Post 1503468)
Seriously? Where is that!

I know there are bad bowlers leagues at Fiesta Bowl, and I believe at Spanish Springs Lanes also.

circletrack 01-11-2018 12:19 AM

Bowling may be declining in the US, but as with most things, it’s a different story in The Villages.
I have no doubt a Brownwood-area bowling center would be successful during the peak season.

water boy 01-11-2018 11:22 AM

we have a fun league that bowls sunday eve. at feista bowl we used to start at 7:30 but the league before us that has been there for years dropped out due to lack of bowlers we now start at 6pm have 22 teams used to have 32. you cant take a golf cart to leesburg and a 15 or 20 min. ride to have some fun once a week in your home town isn't a inconvenience we do it all the time for a dinner or department store.

villagetinker 01-11-2018 01:05 PM

I bowl several times a week, and all of the leagues I am in are handicapped, so your average does not really matter. As stated above, there are "bad" bowler leagues. There are also some leagues that have well above average bowlers. I know Spanish springs has flyers at the desk with a listing of available leagues. I also know that people are constantly dropping out for various reasons, we have been short a bowler since the 3rd week of bowling in one league. The are trainers available at both lanes, and they have been very helpful.

I started as a 113 average bowler when we moved here, now up to 170 (my lowest league) to 190 (my highest league). I would love to see an new facility in the Brownwood area. By the way I know of people that come from as far away as Kissimmee and Ocala to bowl at Spanish Spring lanes, when I asked why, they responded that these lanes are much better then what they have close by!!!

SouthOfTheBorder 01-11-2018 05:34 PM

Quote:

Originally Posted by GoodLife (Post 1503421)
Golf courses in US are in about a 10% decline. Not as drastic as bowling alleys. Golf course development is even more expensive and risky than bowling alleys.

TV builds golf courses to sell real estate, not to make profit on the golf courses.

TV is a commercial developer that (smartly) builds/sells homes to create and attract commercial development.

Selling residential is a one time income producer. Leasing commercial space provides a long term revenue stream.

And they are one of the most successful commercial developers in the country. :)


It would be great to have an indoor, multi-sport, cart accessible complex in TV :thumbup:

Don

Uberschaf 01-11-2018 05:55 PM

It WOULD be great to have a indoor, multi-sport, cart accessible complex in TV. Thanks Don.

GoodLife 01-11-2018 06:15 PM

Quote:

Originally Posted by SouthOfTheBorder (Post 1503865)
TV is a commercial developer that (smartly) builds/sells homes to create and attract commercial development.

Selling residential is a one time income producer. Leasing commercial space provides a long term revenue stream.

And they are one of the most successful commercial developers in the country. :)


It would be great to have an indoor, multi-sport, cart accessible complex in TV :thumbup:

Don

You have it exactly backwards. TV developers make the lion's share of their profits by building and selling homes. Multiply 60,000 plus homes at average sales price of $250-300K, then multiply that sales volume with profit per sale of 20-30%. The value of commercial leases they have in the town squares is a very small fraction of their profit from new home sales.

No, TV is not one of the most successful commercial developers in the country. They are small fry at this. They are however, one of the most successful residential developers in the country. That is their business.

If a new bowling alley is such a sure commercial success in South Villages as many here assert, raise the $2 million or more and do it yourself. I wouldn't hold my breath for the Morse's to do it

JoMar 01-11-2018 06:18 PM

Quote:

Originally Posted by joldnol (Post 1503313)
The distance, they are too far for us southerners......40 minutes by cart, 20 + by car. Leesburg is closer and easier.

That drive could ruin your whole day...:icon_wink:

JoMar 01-11-2018 06:24 PM

Quote:

Originally Posted by GoodLife (Post 1503884)
You have it exactly backwards. TV developers make the lion's share of their profits by building and selling homes. Multiply 60,000 plus homes at average sales price of $250-300K, then multiply that sales volume with profit per sale of 20-30%. The value of commercial leases they have in the town squares is a very small fraction of their profit from new home sales.

No, TV is not one of the most successful commercial developers in the country. They are small fry at this. They are however, one of the most successful residential developers in the country. That is their business.

If a new bowling alley is such a sure commercial success in South Villages as many here assert, raise the $2 million or more and do it yourself. I wouldn't hold my breath for the Morse's to do it

Finally someone that has inside information on developers business plan and profit streams. Thanks for sharing.

Miles42 01-16-2018 12:18 AM

while i agree we need more bowling facilities there doesn't seem to be a lot of investors.


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