"Look! A real hippie!"
The same principle applies for private clubs as for every pool room in the country: Pool alone isn't enough to stay in business, there's got to be "something else" that actually pays the bills.I like how the Players Club is run. But that's only what I see on the streams. Seams like he does a good business. I don't know how you can survive in this type of business without beer, wine and liquor, and some level of food. And I really can't see how anyone but Tin Man can earn a living since this endeavor will help rise the tide of his instructional business.
Table time barely makes a dent in rent and payroll no matter what hourly rate is charged, even assuming 100% utilization (which never happens). That's why most of the really profitable pool rooms left in the U.S. are counting on food and alcohol sales to cover their monthly nut. I've also seen a few rooms do well with video poker.
The two private clubs I've been to--Anytime Billiards in Des Moines and The Players Club in St. Louis--both rely on selling and installing Diamond tables for the majority of their income. (That's my impression anyway; I have no insight into the actual numbers.) Anytime Billiards' showroom basically serves dual purpose as a private room and the membership fees are just a supplement for the main business. The Players Club makes a little more money from their livestream subscribers and their cue and JB Case sales.
For @Tin Man the "something else" that makes the private club feasible can be instruction. Greg Hogue is doing something similar with his Red Door Den Training Center in Oklahoma.