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Compact case
Case
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Reference no. 9B04M049
Authors: Eric Morse; Joe Bubel
Published by: Ivey Publishing
Originally published in: 2004
Version: 2004-08-10
Length: 5 pages
Data source: Field research

Abstract

The owner of a large bingo facility recently bought out his only competitor, but this purchase is putting a financial drain on his company. An impending smoking by-law could reduce the number of customers, putting a strain on both businesses. As part of the purchasing agreement, one facility must close, leaving the owner with a large building on prime land, which was of little use to him. With the vacant building costing him hundred of dollars per day to maintain, he must decide whether to sell the building, rent it out, or use it as a self-storage facility.
Location:
Size:
Small
Other setting(s):
2002

About

Abstract

The owner of a large bingo facility recently bought out his only competitor, but this purchase is putting a financial drain on his company. An impending smoking by-law could reduce the number of customers, putting a strain on both businesses. As part of the purchasing agreement, one facility must close, leaving the owner with a large building on prime land, which was of little use to him. With the vacant building costing him hundred of dollars per day to maintain, he must decide whether to sell the building, rent it out, or use it as a self-storage facility.

Settings

Location:
Size:
Small
Other setting(s):
2002

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