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WESTLAKE BOWLING LANES IS A BOWLING COMPANY
TIME : MARCH 2009

PEOPLE INVOLVED
SHELBY GIVENS (GM)
SHELBY UNCLE (BOARD)
SHELBY’S TWO MORE FAMILY MEMBERS (BOARD)
DANE SUGAR(FOUNDER) Shelby’s mom’s dad.
EMPLOYEES
RALEIGH BASED SON AND FRIENDS
SHIRLEY SMITH
GARY SPALDING
DANIEL SINCLAIR
JENNY BULLOK

POINTS
SHELBY GIVENS WAS A GM FOR 9 MONTHS WORKS 70 HRS WEEK MARCH 2010
DANE SUGAR DIED IN 2008
FROM 2004 REVENUES FELL MORE THAN 40% MAJORLY CUZ OF EMPLOYEE INSURANCE, MAINTAINANCE N UTLITIES
FROM 2007 CREDIT WAS TAKEN (LOAN) AND IN LATE 2008 A LOAN FROM PERSONAL SAVINGS 100000 WAS TAKEN TO SUSTAIN OPERATIONS.
SHELBY THEN CAME AS GM, SALARY OF 75000 AND 25% EQUITY SHARE IF THE COMPANY MADE PROFIT. IF NO PROFIT THEY WOULD HAVE TO SELL THE COMPANY AT A LOSS
WESTLAKE BACKGROUND
CAPITAL OF TOTAL 250000 TO START IN 1970. 16 LANES. PLACE WAS MADE FOR BIRTHDAY PARTIES.
AFTER DANE SUGARS DEATH IN 2008, HIS SON TOOK OVER WITH HIS FRIENDS. AFTER HIS DEATH NO ONE WAS INTERESTED TO TAKE IT FORWARD SO SHIRLEY SMITH BECAME THE GM.

WESTLAKE OPERATIONS IN JUNE2009.
MAIN COMPETITION WAS HAPPY HOURS AND RANGE OF ACTIVITIES.
2007 BUSINESS PROFILE HAD STATED GOOD POINTS ON WESTLAKE.

EMPLOYEES
IN 2009 4 PPL WERE HIRED WITH SALARY AND INSURANCE GIVEN. ALONG WITH THEM PART TIME EMPLOYEESARE ALSO TAKEN TO ASSIST

HOURS OF OPERATION
7 DAYS 362 DAYS A YEAR
MORE THAN 75 COMES FROM EVENING AND WEEKEND ATTENDANCE AND SUMMER VACATION DURING THE DAY
FOOD, RENT SHOES…REFER PRICING TABLE

AMBIENCE
SAME AS IT WAS WHEN IT STARTED. FOOD AS WELL. DID NOT CHANGE THE INFRASTRUCTURE

UNDERSTANDING OPERATIONS they have given the draw backs and after 9 months they have given the efforts she has put to come to aprofit….will send the remaining by 7

UNDERSTANDING OPERATIONS

Arrived at the alley on june 5 2009.
Found unpaid invoices,
50% higher payables than was

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