![]() ![]() The centres purchased by Splitsville have been cornerstones in the 10-pin bowling community for decades. HBG wants to turn alleys into ‘nothing that has been seen’ in Calgary Keen said revenue for the three alleys is about $7 million a year, 11 per cent of which is made up by league bowlers, with a total of about 500,000 people visiting the three centres in the past 12 months. Before COVID-19, there were between 800 and 850 people. While the pandemic did amount to two years of lost revenue, the Kists had more than recovered to 2019 levels, with 1,000 people across the three centres involved in leagues. “It’s like anything else in life - the future is never guaranteed and you make your best decisions or best guesses based on the information at hand.” “My thinking is real simple: There could be another COVID, right? We just don’t know anymore,” said Dave, 60, who has been working at bowling alleys since he was 12 years old, growing up in Ontario. People bowl at YYC Bowling and Entertainment on Thursday, Feb. The pandemic also played a role in making the Kists receptive to the idea of selling. But Haggerty planted the seed of selling shortly after HBD purchased Splitsville from him. 10, 2022, originally thinking they had another 10 years in the game. ![]() With arrival of Porter at YYC, low-cost airlines ramp up competition in air travelįor owners, investments offered a chance at early retirementĭave and Lynn Kist and another silent investor looked at the opportunity to sell as an unexpected shot at early retirement.ĭave has spent his life bowling and the couple purchased YYC Bowling on Feb.Calgary eyes expansion of its office conversion program to include schools, hotels.He said one of its biggest selling points is its inclusivity, as anyone can play regardless of age or physical or cognitive ability. Haggerty estimates there are about 200 million people in North America the sport has yet to reach, even casually for one or two games a year. “We see Canada as a great opportunity to invest in building businesses and create what we believe to be awesome family entertainment centres,” he said. Laurence Keen, CFO for HBG, said the company has designs on owning 20 per cent of the 191 bowling centres across Canada. HBG envisions owning 20 per cent of Canada’s bowling centres This advertisement has not loaded yet, but your article continues below. HBG is listed on the London Stock Exchange and is the second-largest 10-pin bowling operator in the world, with 69 centres in the U.K. Splitsville runs five centres out of Ontario and one in Nanaimo, B.C. Splitsville was purchased by HBG in May 2022 with the intention of expanding its holdings in Canada. “We just saw what the potential was in marrying up to them about how we could continue to present a growth case in Canada,” he said. Pat Haggerty, president of Splitsville Entertainment, said the aim is to grow the sport across the country with the financial backing of one of the industry’s biggest players. The three centres are Calgary’s only full-sized 10-pin bowling alleys. ![]() S.W.) an important foothold in the West for the expanding company. S.E.) and Mountain View Bowl (11-3919 Richmond Rd. N.E.), YYC Bowling & Entertainment (1130 42nd Ave. ![]() The $12-million deal completed in February makes Let’s Bowl (2916 5th Ave. The next issue of Calgary Herald Headline News will soon be in your inbox. If you don't see it, please check your junk folder. Manage Print Subscription / Tax ReceiptĪ welcome email is on its way. ![]()
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