Barry Behrman RETIRING

justnum said:
If his family is deciding not to maintain the business, it sounds like two million is just to put your name on paper work.
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He said this same thing a few years back and it was discussed here with the majority thinking the price was too high at that time also.

However you have to realize he isnt really asking that I dont think. He just is starting high in hopes of 'settling'' at the price he really wants. JMHO
 
Nostroke said:
He said this same thing a few years back and it was discussed here with the majority thinking the price was too high at that time also.

However you have to realize he isnt really asking that I dont think. He just is starting high in hopes of 'settling'' at the price he really wants. JMHO
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I've heard about over valuing a company on the show "SHARK TANK."

Its pretty common. Considering the amount of day to day work like I've seen on "Bar Rescue" the place sounds like it needs major innovation to draw in a new crowd.

If Barry is retiring then most of his clients are too.

Its like buying a gold mine after all the gold has been taken out.
 
In golf courses they say the third owner is the one that makes all the money on the back of the second owner. The first one spends too much building his dream and realizes it pretty quickly and sells it to someone else while the bloom is still on the rose. The second buyer goes broke because he overpaid - usually because it's always been his dream to own a golf course - and has too big of a nut. He doesn't have any options so he finally sells at rock bottom. Third buyer gets a bargain and is able to put a little cash and elbow grease into it and make some cash without much overhead.

I think pool halls might be similar. Although owners of the older rooms that have been around a while did okay. I have a feeling the second buyer might not fare as well.
 
Eric. said:
Agreed. Let's continue posting to them.


Eric
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Most people don't read or scan all of the threads even if they are about the same subject.

Before posting a new thread, I try to scan for similar threads before starting a new one but I don't waste a lot of time looking for them. If the first page or so doesn't have the same wording or similar wording on the subject I want to share, I'm posting. I don't like to duplicate others threads but it happens. :thumbup2:

JoeyA
 
Hey, at any given time there can be 10 threads going about hating or loving Obama. I can handle seeing multiples about a pool related subject, it's like a breath of fresh air.
 
Nostroke said:
He said this same thing a few years back and it was discussed here with the majority thinking the price was too high at that time also.

However you have to realize he isnt really asking that I dont think. He just is starting high in hopes of 'settling'' at the price he really wants. JMHO
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Yeah just like a car salesman.

Btw Great Thread!
 
Q-Masters is by far the best poolroom I have been in.
I grew up in Va. Beach
Q-Masters:
1.Great location (awesome interstate access, situated in a solid middle class area)
2. Awesome Bar & Kitchen (Best menu/food in the business)
3. Tables are always very well maintained
4. Showroom and great office for a new House Pro (RIP Dave)
5. Due to huge Military bases Va. Beach has maintained a low unemployment rate during this recession.

Where is Pool's benefactor?
Isn't there a wealthy person out there that loves pool and could stroke out a check for $1.5-$2 Million dollars without breaking a sweat?
 
jmurphy said:
Q-Masters is by far the best poolroom I have been in.
I grew up in Va. Beach
Q-Masters:
1.Great location (awesome interstate access, situated in a solid middle class area)
2. Awesome Bar & Kitchen (Best menu/food in the business)
3. Tables are always very well maintained
4. Showroom and great office for a new House Pro (RIP Dave)
5. Due to huge Military bases Va. Beach has maintained a low unemployment rate during this recession.

Where is Pool's benefactor?
Isn't there a wealthy person out there that loves pool and could stroke out a check for $1.5-$2 Million dollars without breaking a sweat?
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Anyone that has that kind of money, does NOT make investments this bad. AT least, I would hope not.
 
ChicagoRJ said:
Anyone that has that kind of money, does NOT make investments this bad. AT least, I would hope not.
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You are kidding right?

Those people buy all kinds of toys that depreciate faster then a rock in a swimming pool.

Multimillion dollar Yachts, Cars, RV, etc............
In the Philippines the owner of Star Paper has opened several Poolrooms and does not charge a dime to play. He runs them at a 100% loss.
You must be a member to play in his poolrooms however the membership does not cost anything. It's just so they can make sure you are not a lowlife and that you can play a little bit, after that you are in like flint.
 
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jmurphy said:
You are kidding right?

Those people buy all kinds of toys that depreciate faster then a rock in a swimming pool.

Multimillion dollar Yachts, Cars, RV, etc............
In the Philippines the owner of Star Paper has opened several Poolrooms as does not charge a dime to play. He runs them at a 100% loss.
You must be a member to play in his poolrooms however the membership does not cost anything. It's just so they can make sure you are not a lowlife and you can play a little bit and you are in like flint.
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I understand that.. but having expensive toys is one thing, they're fun, and no headaches... a pool room, not so much... it's work. Plus, could he not just buy the building, and then open a pool room for less than 2M asking price. I get the feeling I know where he can get 70 pool tables cheap ;)
 
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