How to Own a Poolhall?
- By maha
- Main Forum
- 67 Replies
Most of the time in a pool room you don't need all your tables. Daytime to usually not that good most the time certain nights of the week but can you have weekends. So the formula is that when you do have those peak hours you really like to be able to maximize your income and for that you need a certain number of tables.
My little room was was a gold mine, I was pulling 40, to $60,000 a year out of that little room for my self at a time when guys were supporting families on $7.50 an hour. I bought the room but would have liked to have had maybe 5 more tables if I was opening it.
My electric was not what you have to pay today, ins, was cheaper, help was cheaper. I bought cloth by the roll and covered my own tables. I have a feeling many rooms back 40 or 50 years ago may have made in their in those years dollars more money then a room may make today. Who can fade $6000.00 a month rent $900.00 a month electric, I couldn't even guess what the liability insurance would be and so on.
I should add, I'm a really an old man take what I say with a grain of salt maybe my ideas are outdated and nothing I say is relevant anymore.
you, jay, and jerry machin are the only pool room owners that had business sense and made it owning a pool room.
and made it work not because it was just in the right spot for a time or lucky.