and I need some pool players' opinions. The room will be small, 8-10 tables. It will be 4or5 9', couple bar boxes and a 6 by 12. The nut will be under a $100/day working most of the hours my self. The equipment will be paid for. The orientation will be teaching, memberships and some retail. The equipment will be good quality, but used. Simonis cloth and superior lighting only over tables. Sell non-alchoholic drinks, and maybe some good quality, mid-priced cues and accessories. Limited music, no loud volume. The location is a small mall (3 stores) a mile from a factory and a skill center for local school districts. Traffic count is around 10,000 a day and there is a stop light in front of the location. The neighborhood is residential with about 10,000 residents within a mile. Two rooms went belly-up in the last 2 years in the city, but I have learned from their mistakes. Neither had residential, kids who wanted to play had to be dropped off or drive. They had huge overheads, $10-12,000/Month. They had to charge $4-5/hour per person and had very few customers play over an hour.
My questions are:
1. Pricing- I am thinking of charging $100 membership fee/year that entitles holder to $2/hr pool from open (around noon) to 6pm and on open tables after 6. Members would have to give up table to retail customers or pay evening rate ($5/hr for first person and $2 for each additional player) to keep table after 6.
2. Would I need barboxes in this environment or put in another 9 footer?
3. Kids under 15 pay $2/hr before 6.
4. Daytime regular rate would be $3/person.
5. Beginner lessons would be free, but we would charge for more advanced instruction. I am probably a Bplus- A- player and would teach beginners.
My experience has shown a room cannot survive on 'pool players', but I think I can market to non-'players' and grow some future players this way. I will need to capitalize on peak playing hours due to the room size, but I think I can make allowances for 'players' thru memberships and daytime rates. There are no 6 by 12s in town and I think I can keep 5 to 10 people playing golf 4 to 6 hours a day. That should contribute $20 to $60/day toward the nut.
Any opinions will be GREATLY appreciated. This seems to be a very pool/people savy crowd.
My questions are:
1. Pricing- I am thinking of charging $100 membership fee/year that entitles holder to $2/hr pool from open (around noon) to 6pm and on open tables after 6. Members would have to give up table to retail customers or pay evening rate ($5/hr for first person and $2 for each additional player) to keep table after 6.
2. Would I need barboxes in this environment or put in another 9 footer?
3. Kids under 15 pay $2/hr before 6.
4. Daytime regular rate would be $3/person.
5. Beginner lessons would be free, but we would charge for more advanced instruction. I am probably a Bplus- A- player and would teach beginners.
My experience has shown a room cannot survive on 'pool players', but I think I can market to non-'players' and grow some future players this way. I will need to capitalize on peak playing hours due to the room size, but I think I can make allowances for 'players' thru memberships and daytime rates. There are no 6 by 12s in town and I think I can keep 5 to 10 people playing golf 4 to 6 hours a day. That should contribute $20 to $60/day toward the nut.
Any opinions will be GREATLY appreciated. This seems to be a very pool/people savy crowd.