Mohawk Lanes, Inc.

Mohawk Lanes, Inc. opened in 1973 as a 16-lane bowling center under the management of Ron Dalesandro. Along with his wife Carol and two partners, Ron purchased the facility in 1986. 

Ron and his wife bought out the other partners and subsequently launched their plan to expand the facility to 24 lanes. The Dalesandro’s felt that the expansion was necessary to serve expanded community needs and to increase the profitability of the center. They needed the additional lanes to be able to accommodate both league and open play.

That's when they came to the Indiana University of Pennsylvania Small Business Development Center (SBDC) for help. The principal financing problem was in developing a business plan that adequately represented the historic operations of the Center. At the same time, they had to present their plans in a way the banks could easily understand and evaluate. 

The Indiana SBDC put together historical financial summaries that documented past performance, undertook market research on the state of the industry, and showed trends prevalent in the industry. It also assisted the principals in putting together the cost information necessary for the plan and in articulating their vision for the expanded business.

The deal was a sizable one that involved refinancing existing debt in addition to the financing to support the expansion. This complicated the picture somewhat; the plan needed to go forward at a time when the news media was announcing that there was a credit freeze and banks simply were not lending. The loan was granted, thus, during one of the most difficult periods for financing the country has experienced. 

The renovations in the form of eight additional lanes, resurfacing of the original 16 lanes, as well as other improvements have been completed. Despite the economic recession, the renovations have been well received and business has ben up.

Additionally, free bowling time was made available for area kids, the next generation of bowlers. Mohawk Lanes now has the flexibility to have available lanes for open play, instead of having them completely tied up with league play.