I've never owned a Poolhall. It seems like a dream...Getting paid and playing pool all day everyday.
- How many tables do you need to get started?
- How much capital to get started?
- What to know if you want to buy an existing Poolhall?
- Do you need any special talents? (Like a car salesman)
There must be some Poolhall owners here. How sweet is your life?
You need at least 6 tables to get started, 12 is better.
3×-6× 8-foot tables compared to 9-foot tables.
8-foot tables for league, 9-foot tables for "high Rollers."
You need the capital to buy all the tables, furnish the building, have 2-years of operating expenses, and equip the building for pool aficionados, their drinking habits and food tastes.
You NEED TO BUY THE BUILDING--do not let a lease holder squeeze you to death--its is easy enough for *.gov to do that.
You need to be the:
front register operator,
the security team,
the face to the police,
the face to *.gov,
the cleaning crew,
the maintenance crew,
the league operator,
the accountant,
the financial planner,
the legal team,
the bar tender,
and cook.
Figure 12-16 hour days for at least 2 years, until your finances allow you to employ your first employee.