Business Plan

SiteDZynz

New member
I am looking into opening a pool room. I am having difficulty with some parts of the business plan. Anyone out there have a business plan to a successful room?
 
SiteDZynz said:
I am looking into opening a pool room. I am having difficulty with some parts of the business plan. Anyone out there have a business plan to a successful room?

you don't have one?? :rolleyes:
 
There are many business plans out there.
I'm contemplating opening something where it's warm. I'm getting sick of snow!!

There are even computer programs/business plans out there if you look around. I have nothing invested in your business so, I'll let you do the leg-work.
 
don't partner up with a pool player,,,,and if you're the pool player, find a business man who has no interest in pool.
 
great pool hall that makes $$

SiteDZynz said:
I am looking into opening a pool room. I am having difficulty with some parts of the business plan. Anyone out there have a business plan to a successful room?
my addvice would be to go to romines pool hall in milwaukee Wisconson .THere pool hall is awsome and always has people and things going on in the summer to which is what kills most pool halls romines has no slow season always some thing going on>I lived in many states and this is the best pool hall I have been at yet great pool hall nice bar and good food, volley ball softball they have every thing check them out. ;)
 
SiteDZynz said:
Anyone out there have a business plan to a successful room?


Probably not....that's why you'll need TWO (2) business plans. One for a pool room and one for a Dairy Queen. Wanna bet everything that you own against everything I own as to which one will bring in more profits?

You'll need the Dairy Queen to offset the pool room losses.
 
SiteDZynz said:
I am looking into opening a pool room. I am having difficulty with some parts of the business plan. Anyone out there have a business plan to a successful room?

I was a CPA in my former life. I have worked with several room owners over the years...a successful plan is not likely to be directly applicable in another location...contact someone you can trust with some experience in the business in that location. Give this a lot of thought...I have seen some real train wrecks when someone tries to enter a market (and run a business) that is not VERY well known to them. A room can perform as well as competitive opportunities, but you must be able to sense AND adjust to shifting market forces. Don't go in short of money.
 
As a player 45yrs old now, and a paying customer of such places over 28yrs...

Bars sell cheap swill beer, cheeze doodles, and booze, pool tables are for customers to have fun with between buying drinks. Amongst pinball/video/darts/shuffleboard diversions. Whatever it takes to keep em happy suckers buying booze, the main moneymaking action.

"players" mostly drink water spend only for table time (until finished playing). Players rooms have good equipment at the outset ($$$outlay for the biz folks), some action and buzz, tournaments, promotion with the better players in town in the beginning, league promotion, the sales hook to get regulars... getting my drift? Rarely lasts, often no long-term follow-through.

Some monopoly rooms (Hawaian Brian's, Honolulu; Champions, Arlington VA) have a lock on the market, charge what they want and have a $nice$ bar, tasty/unhealthy chicken wings/fries and more delicious with alcohol deepfried cheeses/niblets (selling early cholesterol death, but we pool folks are 20, slim, young, handsome, and will live forever, right?) tables, some league nights, maybe music, and absolutely nobody leaves without paying $25 or more. Pretty soon owners figure out players may be where their heart is supposed to be, but the fat wallet of success doesn't logically follow. [ON/wave arms]WARNING WILL ROBINSON FINANCIAL DISASTER LOOMING [Off/wave arms]

Soon financial sensibility/responsibility and ladies nights, loud jukeboxes, poker nights, free pool after 12pm, and $2 drink specials make more sense for bringing in lots of warm bodies with cash than players alone (c.f. C.J. Wiley). And I can't fault these businesspeople for rational choices, in fact I am happy they keep the pool tables and don't give up space to competitive dance twister, rolller skating, or C&W Bingo games entirely. Please keep the stripped wet t-shirts _off_ the 3-cushion tables, the humidity and injustice of it all is a bitch if you fall 2mm short after a 35 foot 7 or 8 rail back-up shot out of the corner.

I also think any pool room is foolish not to offer gratis or almost free Saturday/Sunday early afternoon classes to beginners from scout troops to disadvantaged youths to church groups to league players, just to develop the market for future players, goodwill, and lust for better clean competition buried deep within the human soul. But I digress, and am perhaps looking for a clean future job. ennyway.
 
Back
Top