How to Estimate the Cost of a New Bowling Alley?
Before embarking on the road to building a bowling alley, it is necessary to calculate the Bowling Alley Cost. Bowling alleys are generally expensive projects due to their large scale and complexity. Such construction projects may be prone to cost overruns and time delays. Being over budget is the worst nightmare for every contractor and property owner. This article aims to tell you how to calculate the cost of a bowling alley to prevent situations like this.
WANT TO CONSTRUCT A BOWLING ALLEY? THIS ARTICLE CONTAINS ALL THE NECESSARY INFORMATION TO MAKE YOUR PROJECT A SUCCESS.
Average Cost of New Bowling Alley
A new bowling alley can range from $2-$5 million. You may have noticed that the price variation is huge. Well, it is influenced by many factors, such as the project’s square footage and geographical location. This is the building cost, and it does not include operational costs.
Average Cost of Home Bowling Alley
The average Home Bowling Alley Cost is between $80,000 and $200000. Home bowling alleys are generally cheaper and don’t require a lot of money. They are smaller in size and are not usually made for commercial purposes.
Factors Affecting the Cost of Bowling Alley
Before we calculate construction costs, it’s better to understand some of the main cost-affecting factors.
- Size: The size of your construction plan will affect the cost. Larger sizes require materials and labor. So, a 12-lane bowling alley will cost more than a 6-lane one.
- Location: Bowling alley cost also depends on location. Materials in some areas can be expensive due to availability and transportation cost.
- Rental or Purchased: If you’re renting out a space rather than purchasing a piece of land, the cost is going to vary.
- New Building or Renovation Project: Constructing a new building from scratch is generally more expensive than renovating an old building. But then again, it depends upon the current condition and material choices.
- Type of Material: The use of luxury and premium materials increases bowling alley costs. The key is to balance quality and cost.
Cost Considerations of Building a Bowling Alley
- Existing Conditions
- Concrete
- Masonry
- Metals
- Wood and Plastics
- Thermal and Moisture Protection
- Openings
- Finishes
- Furnishings
- Fire Suppression System
- Plumbing System
- Heating, Ventilating, and Air Conditioning (HVAC)
- Electrical System
- Electronic Safety and Security
- Earthwork
- Exterior Improvements
- Utilities
- Transportation
Creating a Budget for Bowling Alley Cost
1) Material Cost
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Material Takeoff
Material Takeoff refers to calculating the number of materials needed for the project. It is an integral step for material estimation of bowling alley cost. For precise takeoff, it is important to know about the measurements of your area. Some units of measurement include length, width, area, diameter, height, volume, count etc.
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Material Pricing
After material takeoff, assign numerical cost figures to each material and multiply it to get the total amount. For example, the cost of paint is $40 per gallon and you need 25 gallons to cover the walls and ceilings. The total cost will be 40 × 25.
Best Practices for Calculating Material Cost:
- Double-check the measurements
- Visit the marketplace to get accurate pricing of materials
- Negotiate with suppliers
- Consider 5-10% waste
- Make a contingency plan
2) Labor Cost
Labor cost takes up a considerable amount of space in your budget. The expenses of labor shouldn’t be underestimated. Some workers charge by a flat rate while others charge hourly. So the time taken to complete the project may impact labor cost. Professional Commercial Estimating Services tend to estimate completion time for building as well to get accurate results.
Best Practices for Calculating Labor Cost
- Consider indirect expenses of labor such as benefits, insurance, overtime pay, bonuses, food etc.
- Dividing the workforce into direct and indirect labor for clarity
- Contingency planning
- Monitor the progress of construction to adjust labor cost
3) Construction Equipment Cost
Since bowling alleys are large-scale construction projects, they often require heavy machinery and equipment. In most cases, the equipment needs to be rented out. Some examples of machinery are bulldozers, excavators, cranes, loaders, pavers etc.
Best Practices for Calculating Equipment Cost
- Consider maintenance cost
- Negotiate with equipment suppliers
- Include a contingency plan
- List down the equipment or machinery needed
4) Indirect Expenses
Up until now, we have mainly included the direct expenses. To find the total bowling alley cost it’s important to add the indirect expenses of construction.
Indirect Expenses refer to the costs that are not directly associated with the structure but are linked with overall construction expenses. For example:
- Administration expenses
- Permits and Inspections
- Office Supplies
- Utility bills
- Insurance
- Marketing and advertising
Software For Cost Estimation
Professional Commercial or Residential Estimating Services often use cost estimating software for estimation. For example, Planswift, Bluebeam, Quest Estimating, On-screen Takeoff ,etc are some of the best software for estimation. They provide quick and accurate estimates. In addition to that they present data in a comprehensive and easy-to-understand form.
LEARN ABOUT CONSTRUCTING A BOWLING ALLEY COST AND GET EXPERT AND INSIGHTFUL TIPS FOR BUDGETING AND ESTIMATING FOR EVERY MAJOR CONSTRUCTION EXPENSE.
To Conclude
In conclusion, when it comes to determining Bowling Alley Costs, certain factors need detailed consideration. From the location to the project’s size, each component contributes to how a budget will be made. The first thing to account for are the construction expenses which include considering all the resources either direct or Indirect. After that, selecting the right equipment for construction and tools for estimations matters a lot hence, this article provides all. This article points out all the necessary information from costing breakdown and types of materials to creating a feasible budget.
