middleofnowhere
Registered
Deleted. While relevant not the time yet. Sorry
Last edited:
Deleted. While relevant not the time yet. Sorry
Agree here. The ONLY way i would ever consider running a room would be if i owned the space. Rent is not going to go down folks. There will be some opportunities post covid but renting would not be for me.There are plenty of good businesses-Why take a chance on one that has been on the decline for 30 years?
I would not have bought a pool room for the last 15 years and would not buy one in the foreseeable future.
There are plenty of good businesses-Why take a chance on one that has been on the decline for 30 years?
I would not have bought a pool room for the last 15 years and would not buy one in the foreseeable future.
You wanna roll those dice with YOUR cash??? Easy to say from the sidelines. Jump in with both feet, and bankroll, and open one up. Get back with us in a year or two.Ah, but for the guy that can beat the odds....turn the tables, there's gold in them there hills.
You wanna roll those dice with YOUR cash??? Easy to say from the sidelines. Jump in with both feet, and bankroll, and open one up. Get back with us in a year or two.
Got that right. My home room has more free water drinkers than anyplace on the planet. Recreational players always spend more $$ than poolplayers. You gotta have the eatin'/drinkin' ballbangers to survive.All good points made explaining why not to take on a venture like this. Unless you have the financial means to sustain a constant, steady stream of losses (which is highly unlikely, otherwise how did one acquire wealth thinking like that). But if you do have those means, there is nothing you can do to combat the biggest headwind you will face. Pool players are the cheapest SOB's walking the face the face of the earth. The majority of of players to enter your doors will be armed with a strategy to spend the least amount of money they can, all the while hanging out at your expense. It doesn't matter what kind of business plan you incorporate, they will bury you with their lack of financial support.
Got that right. My home room has more free water drinkers than anyplace on the planet. Recreational players always spend more $$ than poolplayers. You gotta have the eatin'/drinkin' ballbangers to survive.
Got that right. My home room has more free water drinkers than anyplace on the planet. Recreational players always spend more $$ than poolplayers. You gotta have the eatin'/drinkin' ballbangers to survive.
It's all about timing, in ANY business! Very soon the commercial real estate market will be at a low ebb, with an abundance of vacant buildings where there used to be a clothing or furniture store. It will be a "buyer's market" so to speak, and rental rates and sale prices will be at bargain prices. This I can almost guarantee you.
It's all about timing, in ANY business! Very soon the commercial real estate market will be at a low ebb, with an abundance of vacant buildings where there used to be a clothing or furniture store. It will be a "buyer's market" so to speak, and rental rates and sale prices will be at bargain prices. This I can almost guarantee you.
Like any other business you absolutely can make a nice living from a well run poolroom in the right location. I won't launch into a dissertation on here how to do it, but trust me it can be done. People are itching to get out and do things right now, as we all know. The poolrooms that still exist will be doing a good business soon, just watch.
I devoted a long chapter in my last book to how to set up and run a successful poolroom. Yes, I guess that's a plug, but it seems appropriate for this thread.