SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
Pursuant to Section 13(d) of The Securities Exchange Act of 1934
Date of Report: August 30, 2000 Commission File No. 0-1830
BOWL AMERICA INCORPORATED
(exact name of registrant as specfied in charter)
STATE OF MARYLAND 54-0646173
(State of Incorporation) (I.R.S. Employer Identification No.)
6446 Edsall Road, Alexandria, VA 22312
(Address of Principal Executive Office Zip Code)
703-941-6300
(Registrant's Telephone Number, Including Area Code)
INFORMATION TO BE INCLUDED IN REPORT
ITEM 5. OTHER EVENTS
Bowl America announced today the purchase of the land and
building housing its 48-lane bowling center in Glen Burnie,
Maryland. The property was under lease, which would have
expired tomorrow. The Company paid $2,250,000 for the
building. A portion of these funds came from the receipt
in July of $219,000 as the cash consideration for the
AT&T/Media One merger. Bowl America also received 5,025
shares of AT&T stock. The cost basis of the Media One
shares had been $29,000.
Bowl America's fiscal year 2000 ended July 2 and was a 53-week
year, with the extra week included in the fourth quarter.
The annual audit is still in progress, but earnings strength
continued to the end of the year resulting in the twelfth
consecutive quarter of year-to-year earnings growth.
The business improvement carried over into the new year,
helped by a rainy July in the Company's northern markets.
Because of calendar differences the first quarter will also
profit from an additional week of winter league bowling.
That extra linage will be lost during the last quarter of
fiscal 2001, which will also suffer from the absence of the
fourteenth week.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
BOWL AMERICA INCORPORATED
Registrant
Leslie H. Goldberg
Leslie H. Goldberg
President
Date: August 30, 2000
