Acquiring Minds Passion & Profit in an American Pastime
Dec 29, 2025
Mike Fagan, a former professional bowler and PBA world champion, dives into his unique transition from the lanes to the business world. He discusses his acquisition of a bowling center and the strategy behind revitalizing traditional alleys. Fagan explores the economic importance of league bowlers, contrasts legacy bowling with modern chains like Bowlero, and shares insights on operational improvements using tech. He reveals challenges like employee resistance to change and innovative ways to boost revenue, including impactful online booking solutions and targeted marketing.
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From Kid Dream To World Champion
- Mike Fagan lived his childhood dream and bowled professionally for 13 seasons, winning world titles and representing Team USA.
- His deep personal connection to bowling later drove him to buy and operate a community bowling center as an acquisition entrepreneur.
Leagues Are The Revenue Backbone
- League bowlers provide extremely sticky, recurring revenue and stabilize monthly cash flow for bowling centers.
- They rarely generate huge margins but ensure baseline utilization that enables growth of higher-margin events and parties.
Bowling Mirrors Social Fabric Trends
- Bowling's mid-century league heyday declined with economic and social shifts, but the trend may be stabilizing and reversing.
- Post-pandemic demand for experiential social activities gives bowling a chance to regain growth as people seek face-to-face interactions.
