Archer's Place, Marietta Ga...??

iusedtoberich

AzB Gold Member
Gold Member
Silver Member
All due respect Jay, I just don’t see that happening in LA. I have the always respected your business decisions & trust has always been 100% with us. I’d like to be wrong on this one, but I just don’t see it working in LA.

If you can find a spot and the numbers make sense you know how to find me. It would be great to have a spot.

I had 33% of a card room about 4 years ago for a while, we couldn’t crack the nut there. I got out even, but the other 2 guys went down with the ship. It was licensed as a “Social Club” it was 200 yards from the Beverly Center. 2nd floor of a nice center like Erin builds on the corners-

I thought about putting a couple barboxes in it, but didn’t make sense. We had 3 different card games and other action. Did $12,000/mo the nut was $15k. Didn’t work out.
Best
Fatboy :)

Did you take a rake? I can't imagine a raked game not being successful?

If a card room couldn't crack the nut, I can't imagine how a pool room would. Many pool rooms had a back room game (with a rake) and that was a big part of their cracking the nut. Now with legalized poker in about every single state, the backroom poker games are mostly all gone.
 

Fatboy

AzB Silver Member
Silver Member
Did you take a rake? I can't imagine a raked game not being successful?

If a card room couldn't crack the nut, I can't imagine how a pool room would. Many pool rooms had a back room game (with a rake) and that was a big part of their cracking the nut. Now with legalized poker in about every single state, the backroom poker games are mostly all gone.
We subleased the space to operators who raked. We would get a flat fee for the night. They would do what ever they did(rake into the tray or time collection).

The drop from the other games(not poker) was small, and monthly $ for membership was ok. But didn’t reach.

The real problem was we couldn’t hold any games, meaning a game would come and be played 1-2-3 times then they would find another spot. We offered good deals but can’t compete with poker houses in LA. We didn’t have coke & whores-what poker houses offer. We had a nice card room & food, security etc/ but not the “other stuff”.

We had a guy who leased it during the day for chess, but was small $. We were not big enough for the bridge players
edit. We didn’t rake because we were not licensed to rake. We just hosted games. But the operators who may have been raking or time collecting were not sticking around. Vince van Patton was there one night, Phil Laak. We had real poker players betting real $. Not small games $20k to $50k on the table.
 
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jay helfert

Shoot Pool, not people
Gold Member
Silver Member
All due respect Jay, I just don’t see that happening in LA. I have the always respected your business decisions & trust has always been 100% with us. I’d like to be wrong on this one, but I just don’t see it working in LA.

If you can find a spot and the numbers make sense you know how to find me. It would be great to have a spot.

I had 33% of a card room about 4 years ago for a while, we couldn’t crack the nut there. I got out even, but the other 2 guys went down with the ship. It was licensed as a “Social Club” it was 200 yards from the Beverly Center. 2nd floor of a nice center like Erin builds on the corners-

I thought about putting a couple barboxes in it, but didn’t make sense. We had 3 different card games and other action. Did $12,000/mo the nut was $15k. Didn’t work out.
Best
Fatboy :)
I hear you Eric. I'm not about to start running around trying to put this together. I know what it takes to get a new business off the ground and I don't have the stomach for it anymore. Been there, done that too many times. It's just a concept that's all.
 
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Fatboy

AzB Silver Member
Silver Member
I hear you Eric. I'm not about to start running around trying to put this together. I know what it takes to get a new business off the ground and I don't have the stomach for it anymore. Been there, done that too many times. It's just a concept that's all.
I agree, I don’t have the gas in my tank either. Unless it’s a lock and very little effort.
Hope ur well,
 

Paul Schofield

AzB Gold Member
Gold Member
Silver Member
I hear you Eric. I'm not about to start running around trying to put this together. I know what it takes to get a new business off the ground and I don't have the stomach for it anymore. Been there, done that too many times. It's just a concept that's all.
I agree, I don’t have the gas in my tank either. Unless it’s a lock and very little effort.
Hope ur well,
This all sounds too familiar.
 

ChrisinNC

AzB Silver Member
Silver Member
The skill set needed to play great pool is completely different than the skill set needed to successsfully run a difficult business, epsically today.
Yes, it’s impossible to expect that one would be good at both. Hard enough to be good at having the knowledge and experience to know to hire the right people to do it for you.
 
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