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Private Equity Backed Firm is Ruining Bowling (jacobin.com)

submitted 2 months ago by [email protected] to c/[email protected]

9 comments fedilink

199

Private Equity–Backed Firm Bowlero Is Ruining Bowling (jacobin.com)

submitted 2 months ago by [email protected] to c/[email protected]

19 comments fedilink

For the most part, Bowlero doesn’t build its own centers. Instead, it purchases existing ones and makes them over in the Bowlero style: dim lights, loud music, expensive cocktails. At Bowleros, bowling isn’t bowling. It’s “upscale entertainment.”

But for serious bowlers, the lived experience of Bowlero’s rise has come with a marked deterioration in conditions. Someone in Big Mike’s crew warns that lane 26 tonight is sticky right where you step up to bowl: “The approach! The actual approach!” Someone else says it’s no surprise: “They spend a couple million dollars putting in screens but can’t clean the place.”

In its initial acquisition wave, Bowlero bought up prominent centers in large population areas from New York to Los Angeles. As it continues to expand, it has promised to hoover up centers everywhere else in the country. There are roughly 3,500 independent bowling centers left in America. For Bowlero, that’s 3,500 potential acquisition targets. “This industry,” Bowlero executive Brett Parker has said, “is fragmented and ripe for roll-ups.”

“A lot of guys are worried that in five years, seven years, you’re only gonna have a Bowlero,” Big Mike says. “And when that happens, what happens?”

i love how everything is getting shittier in the same awful belittling way