Bowling Alley Pro Forma
Operating Businesses Excel Template (Free Download)
Convert lane utilization, visits, leagues, events, and ancillary spend into a projected bowling venue pro forma.
professionals from Deloitte
About this pro forma
This pro forma gives venue owners, sponsors, and lenders a forward view of a bowling and family-entertainment group. Center openings, lanes, utilization, games, visits, lane revenue, shoe rental, food and beverage, arcade, leagues, and events feed the projected earnings and cash profile.
Use it to assess a new center, renovation, or acquisition. The underlying Excel engine makes labor, occupancy, maintenance, build-out capex, working capital, and DCF assumptions traceable for financing and investment decisions.
What every model includes
Live formulas, no hardcoded values
Outputs are driven by live formulas, so the workbook updates from its assumptions instead of relying on hardcoded results.
All assumptions in one tab
Inputs are clearly marked in the Assumptions tab and separated from calculations, making it clear what to change and what to leave intact.
Statements always balancing
For integrated-statement models, the balance sheet, cash flow, and supporting schedules tie through properly.
Distinct schedules for clarity
Debt, working capital, taxes, and cash flow can get messy quickly. We group calculations in clear schedules, not across disconnected tabs.
No hidden macros or external links
There are no unexplained external workbook links or macros to undermine auditability or portability.
Changes flow through the model
Update a key driver and see the impact carry through the forecast, financing, and return outputs. We never use hardcoded numbers in formulas.
What's inside the Bowling Alley Pro Forma
- Projected centers, lanes, utilization, games, and customer visits
- Revenue from bowling, shoe rental, F&B, arcade, leagues, and events
- Gross-profit build with product costs and two labor crews
- Center overhead, maintenance, capex, and EBITDA forecast
- Unlevered free cash flow and working-capital projection
- Enterprise value, equity value, value per share, and implied EV/EBITDA



Formatted to IB standards
Named theme colors repaint the whole workbook in one click, on top of an investment-banking structure with clear input, output, and cross-sheet reference styling - brand-ready, institutional-grade, and fully auditable.
Created by ex-finance professionals
Hey, I’m Alex and I created Finamodel.
Over my years in the finance industry I kept building the same models over and over again. Same structure, same assumptions, different logo. So I started building frameworks to turn them into clean, reusable templates.
Every model here is one I’d actually use for a client, and I personally vet each one before it goes up.
I’m not an expert in every industry, but I’ve built enough models to know what belongs in one. And when something is completely foreign to me, I reach out to my network for experts to work on our models with us.
Having a template library on hand cuts a first build from hours to minutes.
Need help finding your model? You’ll find me in the Finamodel app!
Frequently asked
What is this pro forma for?+
It supports underwriting a bowling alley, family entertainment center, renovation, or multi-center rollout.
How are visits projected?+
Lanes and games per lane are adjusted by a utilization ramp, then converted to visits using games per visit.
Are food and arcade sales included?+
Yes. Food and beverage, amusements, shoe rental, leagues, and events are separate projected revenue streams.
Can lenders use the output?+
Yes. EBITDA, capex, free cash flow, debt needs, and DCF value provide a lender-ready decision view.
Have more financial modelling questions? Contact us
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