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Hot Pockets
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02-20-2017, 03:56 PM

Quote:
Originally Posted by beachbum949 View Post
Great info. Really appreciate it. I totally agree about Players not drinking, and I definitely want to go after the 24 - 34 market. Tell me what you think of the way I'm projecting table rentals:

Open hours - 76 per week. 8 tables. 76 x 8 = 608 available table hours per week (87 per day). 87 x 45% rented average = 39 rental hours per day.

So, I'm basically projecting 45% table occupancy in year one. Next question is: how many players did you average per table and how long did they play?

You sound like you know the business well. Thanks in advance.
Speaking from my room, The table rental was nothing to count on. I say that because I has regular groups that would frequent the room. When they did, they drank allot. I would Comp most, sometimes all of the table time. This kept them coming back ALLOT!! Comp $25 in table time, $125 Bar tab. Get the picture!

That said - I rented the tables at 2 prices (1-2 players) and (3 - or more)

Plan on the lower number at 35%.
Tables flip about every 2 hours
You will average 3 players per table
  
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beachbum949
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03-10-2017, 03:04 PM

More good info. Thanks
  
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06-05-2017, 09:37 AM

[QUOTE=beachbum949;5793258]I'm working on projection numbers for a pool hall, and I need some statistics.

Try talking to this guy.....
http://forums.azbilliards.com/showth...ght=Consulting
  
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realkingcobra
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07-01-2017, 02:50 PM

Back in 1989 when i opened my first pool room the national average for pool table rental time was 5.5 hours a day, after about 3 months i was close to that with some tables getting about 12 hrs a day while others were only getting about 2 hrs a day.
  
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Area? City? State?
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Area? City? State? - 01-25-2018, 10:18 PM

Brian (a1712)
What City / State is the location in?
Trying to determine demographics as well as pool rooms do very different in diverse areas of the country.

Last edited by SirShootalot; 01-25-2018 at 10:21 PM. Reason: added user name
  
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Bic D
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04-01-2018, 06:46 PM

In a pool room, on non coin op tables, how do owners make money on league play?

Is it a set price by the teams to pay
  
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04-02-2018, 03:02 AM

Quote:
Originally Posted by Bic D View Post
In a pool room, on non coin op tables, how do owners make money on league play?

Is it a set price by the teams to pay
Part of their league fee is the green fee usually.
  
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04-15-2018, 03:45 PM

I take it Beachbum is still on the beach and not behind the pool hall counter?
  
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05-10-2018, 07:21 PM

Do any owners here have a mixture of coin op tables mixed with larger timed tables?

If so, what is the ratio?

Do owners rent/lease or own the tables sticks etc?

How much food are you selling?

How big is your menu?

What other forms of entertainment do you have...video games, darts, golfing pod etc...

I literally just had a fellow with probably more money than sense tell me that he would back me in a pool hall operation but he didn't want to work...at all.

I too would love any and all info regarding the operations aspect of the
of this business.
  
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the best formula seen here
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the best formula seen here - 07-07-2019, 08:43 PM

I find this the best formula seen here. And my place is very successful. PeacockBilliards.com

I was told a long time ago by a very successful room owner this. Take all your tables X your hourly rate, multiply that by the hours your open each day to come up with a number. What ever that number is, if your able to get 20% of that total amount on average each day, you'll do ok.

www.worldbilliardtour.com
Domain Name Only....

Bill Meacham

Last edited by Pierre Shakes; 07-07-2019 at 08:47 PM. Reason: did not include which post I was referencing
  
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realkingcobra
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07-08-2019, 04:43 AM

Quote:
Originally Posted by Bic D View Post
Do any owners here have a mixture of coin op tables mixed with larger timed tables?

If so, what is the ratio?

Do owners rent/lease or own the tables sticks etc?

How much food are you selling?

How big is your menu?

What other forms of entertainment do you have...video games, darts, golfing pod etc...

I literally just had a fellow with probably more money than sense tell me that he would back me in a pool hall operation but he didn't want to work...at all.

I too would love any and all info regarding the operations aspect of the
of this business.
What business ownership experience do you have?
  
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realkingcobra
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07-08-2019, 04:45 AM

Quote:
Originally Posted by Bic D View Post
Do any owners here have a mixture of coin op tables mixed with larger timed tables?

If so, what is the ratio?

Do owners rent/lease or own the tables sticks etc?

How much food are you selling?

How big is your menu?

What other forms of entertainment do you have...video games, darts, golfing pod etc...

I literally just had a fellow with probably more money than sense tell me that he would back me in a pool hall operation but he didn't want to work...at all.

I too would love any and all info regarding the operations aspect of the
of this business.
Where did he make his money?
  
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realkingcobra
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07-08-2019, 04:49 AM

Quote:
Originally Posted by Bic D View Post
Do any owners here have a mixture of coin op tables mixed with larger timed tables?

If so, what is the ratio?

Do owners rent/lease or own the tables sticks etc?

How much food are you selling?

How big is your menu?

What other forms of entertainment do you have...video games, darts, golfing pod etc...

I literally just had a fellow with probably more money than sense tell me that he would back me in a pool hall operation but he didn't want to work...at all.

I too would love any and all info regarding the operations aspect of the
of this business.
Final question, what is your work experience background?
  
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Rob Williams
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07-15-2019, 07:18 AM

Out of 13 7' Diamonds, 10 are coin operated, 3 are on time. The 9' tables are all on time. WE have cuetec house cues that cost $ 1.00 to rent.Food sales are substantial, about 15 items on the menu. There are gaming machines,dart boards and a golf game available.
  
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Bic D
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09-27-2019, 08:08 AM

Quote:
Originally Posted by realkingcobra View Post
Final question, what is your work experience background?
Where did he make his money?

Sorry, it's been a minute since responding. I'll understand if you don't see this.

The fellow that offered to back me made his money in real estate and construction. He also owns a golf course. We were both sitting over a beer the night he made the offer but he seemed genuine. I've known him for quite a few years.

Regarding my experience....When I retired from law enforcement, I helped open 2 restaurants. After a few years, an opportunity presented itself where I basically "stole" a restaurant from a couple who just wanted to give up and get out. (Completely understand that )

I didn't want to spend my life in the restaurant business but the real estate investment was too hard to pass up.

I did a ton of work to the place. I added 6 slips and a gas pump to the dock outside. I added new lighting outside with corn hole boards. I changed the menu and added a happy hour and updated my POS. Finally, I 90% got rid of Sysco and picked up a local supplier for fresh seafood.

About 2.5 years later, a business group approached me and wanted to make my location into more of a marina and add a 2nd floor to the restaurant. I couldn't pass up their offer.

I live in a resort area with no dedicated pool halls. Of all the restaurants, only 3 of them have pool tables. All 3 have weekly tournaments that get 15-20 participants a night. On non tournament nights, the tables are usually busy for most of the night night. Dart boards and shuffle board tables are equally as busy.

Anyone can make it in the summer here, the trick is to get the local crowd for the off season.
  
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