I am considering opening a bar with 8 coin op diamond tables. 40 years ago I had a bar with 5 tables. Play was 25 cents. It surprises me it is still only 50 cents in my small local community. Still, I could reliably count on $600 per month per table with average use at 25 cents. The front table on each side of the room always did the most but the overall average was pretty constant at $600 each.
At 50 cents I am using an income projection of $1200 a month each then reducing it 20% because I anticipate lower utilization with more tables. I will have 6 7' tables which will be 50 cent and 2 9' which will be 75 cent. There are no tables in town other than 6 1/2' Valleys in poor condition. I expect this difference to be a draw but want to be realistic with my numbers.
If any of you have coin op tables and can give me advice on what income to expect I would appreciate it.
Also vending income for an internet based music system if you have that.
At 50 cents I am using an income projection of $1200 a month each then reducing it 20% because I anticipate lower utilization with more tables. I will have 6 7' tables which will be 50 cent and 2 9' which will be 75 cent. There are no tables in town other than 6 1/2' Valleys in poor condition. I expect this difference to be a draw but want to be realistic with my numbers.
If any of you have coin op tables and can give me advice on what income to expect I would appreciate it.
Also vending income for an internet based music system if you have that.