Recently I went to shoot at Breakers in Herndon, VA. It's a nice place, the sky lounge is small but has good equipment, awesome view. As I went up the stairs the noise was deafening, I expected to see a zillion people.
And I did. But only 3 out of 6 tables were rented. Everyone was around the bar, sitting at tables, etc. This is on a weekend.
Later, after five hours of playing with my buddy, we faint from sticker shock when get the bill... $96 for table time. That's an expensive night out. It turns out the weekend rate is a flat $18/hour regardless of how many players there are.
I think at some point all of the tables were actually rented. So I guess it's economics 101: If you have a waiting list, keep raising the prices until the list is very short or there's no list. You want the highest price the market will bear that keeps all of your tables going.
I know pool halls have been closing left and right and it's hard to make a profit out of them. This one apparently is under its third owner and was closed for a while as well. I know they have to make their money. But... ouch.
So I guess my question is... should a pool hall charge less than this magic number, just out of love for the game and the players? Or should they stick to the figure that maximizes profit even if it means sometimes a table or two sits idle?
And I did. But only 3 out of 6 tables were rented. Everyone was around the bar, sitting at tables, etc. This is on a weekend.
Later, after five hours of playing with my buddy, we faint from sticker shock when get the bill... $96 for table time. That's an expensive night out. It turns out the weekend rate is a flat $18/hour regardless of how many players there are.
I think at some point all of the tables were actually rented. So I guess it's economics 101: If you have a waiting list, keep raising the prices until the list is very short or there's no list. You want the highest price the market will bear that keeps all of your tables going.
I know pool halls have been closing left and right and it's hard to make a profit out of them. This one apparently is under its third owner and was closed for a while as well. I know they have to make their money. But... ouch.
So I guess my question is... should a pool hall charge less than this magic number, just out of love for the game and the players? Or should they stick to the figure that maximizes profit even if it means sometimes a table or two sits idle?
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