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TLDR; Bowlero buys up local lanes and either closes them or renovates them into a new Bowlero. Then they cheap out at every expense, raise prices, and push expensive drinks and food.
They're clearly pushing for a monopoly like all these top big companies are doing.
The article spends way too long telling you about "Big Mike" and trying to get you to sympathize with their characters instead of using real interviewees as an example.
That's private equity for you.
This is literally the playbook for all companies that are run by private equity firms
They just bought up the largest waterpark in Illinois..... yep, a waterpark.
The last article I read on it said they had big ideas to increase profit at the waterpark and it was something the old owners never thought of, which is to start selling alcohol. I can't imagine how much a watered down margarita at a waterpark is going to cost.
Pretty sure the previous owners didn't sell alcohol to avoid drunk situations around drowning hazards and children.
You can't imagine how excited I am to take my kids to a water park for a bunch of drunken 30 year olds to hit on them or loudly brag about fucking Lois in HR in graphic detail or whatever else sober people keep to themselves when they are around kids.
More than a few lives
A couple of lives at least.