I'm wondering about the numbers. The annual + monthly membership will equal
$850. 50 members would equal $42,500. That doesn't sound like much to cover rent & overhead. Even if they get 100 members it's only $85,000. Are there 100 serious players in the area?
Right now, in many areas, I would agree with this the financial numbers don't work out very well for this concept unless the space is already owned by the proprietor ( no rent cost), The number of required annual members and monthly subscribers , to me, needs to be much higher, than the current number of folks interested enough and willing and able to shell out this kind of money for pool. This concept eliminates all the casual and recreational attendees to a pool hall.
As I travel through the Southwest Florida area for pool- most of the present players who play "most often" in pool rooms - appear to be 50 + in age - many of these players are playing in rooms in the city areas down here that already offer free pool all day long - some even up to 8 PM- the rooms are selling booze not pool.
Most of the larger gated communities here already have large amenity centers that include one or more pool tables as part of your HOA fees. Community and senior centers offer billiard rooms with multiple nine footers for local residents.
The concept, at least in my area, works great for gun ranges- simply because the number of folks down here participating in gun related activities ( shooting sports and self defense training) is extremely high - the gun ranges have huge annual memberships and almost full daily range rentals.
So, I love the concept, I wish them the very best in success, but I think one really needs to do their homework on pool interest demographics before considering turning this idea into an actual business commitment. Selling booze at this type of establishment will result in much higher insurance costs, and having to staff the place for every hour it is open, and possibly a host of other issues that go along with alcohol.
There are a lot of possibilities that need to be thought out in advance of starting with a "club" 24 hour access concept- how do you stop a member from opening the door to 5 or 6 of his "friends" every night at 11 and having them bring in anything they want - now it is their own private "club" hangout - do you staff 24/7 - sit on a laptop at home at 3am surveilling? Lots of details to be ironed out in advance to make sure the concept becomes the reality one envisions.