Exactly my point. Even at 6 tables you have to make a sizeable amount of money in the course of a month, plus someone has to have a wage out of there. If the room were bigger there would be bigger rent. I've seen one room, that is closed now that would have fit the profile of an Uptown Pool Room that had 8 tables and a place to sit in the back. There was no way he was making the kind of money to pay todays per square foot fees. The only way to make it work is at $5 dollar per square foot.
That rate might be consistent with some old run down buildings but the minute you fix it up nice and people start coming in the owner is going to want more for his space so when you lease renews you are likely leaving. All of which proves your point in that there was not a lack of business as much as it was an increase in the price of rental property. There was a room 45 minutes from here that this was the exact story. The room closed and the guy didnt rent it for 3 yrs empty but he demanded an increase in rent and eventually got it because everything else is so high.
Pool can be the game of the common man all it wants but unless you own the building stand alone pool rooms where pool is the only thing might be a thing of the past.
Owning the building is a catch 22. If you own the building indirectly you are paying rent. You are there running a business trying to get by when you could be sitting home collecting rent on the same space.
The thing with a pool room is most of the time you are not making any money. Most of the time the tables just sit there taking up space. But when you hit your peak hours you have to be able to milk them for as much as you can.
It is hard to put a number on it but a place with six or 8 tables even when you are busy is not producing enough to off set all the down time. Where as a 20+ table room on the other hand when you are full with a waiting list it makes a lot of money in a short time.
Somewhere in there lies the numbers you have to work out.
In the movie the Hustler Charlie wants to retire. Remember the line, "8 tables and a little hand book on the side". That sounded nice in 1961 but today unless you have like no overhead it is hard with such a small place. A good bar business with it would almost be a requirement but not just as a pool room
I actually see a pool room as a retirement type of business. A business you may like because you are a pool player but are at a stage in your life where you don't really need to make a fortune.
Just stay in the black, provide a few jobs and a nice place for people to play pool, promote the sport as well as a few bucks for yourself. I have been in a lot of rooms that fit this profile.
One of the first places I played in was a 10 table place owned by "Old Joe". He opened around noon and often just left and we ran the place ourselves. I doubt anyone ever stole a dime from Joe.
I hope I am not having old memories clouded by the "Good old days" syndrome. I just remember how much I loved that place, everybody did.