The pool hall enterprise is one of the most rewarding business to operate anywhere in the world. Of course, it’s meant to offer clients a relaxing environment to chill out after a stressful workday and during a holiday. It’s also targeted towards people who prefer to celebrate their birthday in a recreation center.
And while there have been several entrepreneurs investing in this niche and subsequently earning substantial profits, there are still more rooms for new entrants to tap into the tremendous opportunities in this industry.
Even after you’ve identified the countless opportunities in this business, operating a successful billiard parlor can be a huge struggle. Why? Because of your failure to identify and understand the market dynamics. To successfully operate a thriving billiard and pool hall business, here are four major factors you need to consider:
1. The Spot
Strategic location and spacious business environment are quite important. They increase the level of patronage and ultimately boost your sales. When your business is properly situated and has large space to easily accommodate billiard tables and pool hall for clients to easily use the pool cues, it tends to attract more people.
It’s advisable to locate the pool hall near industrial parks, downtown areas with relevant facilities, and office complexes. You probably won't need that many screens to launch your billiard parlor; even two or three televisions can serve the entire business area. A dartboard area can also help to create a balance between the pool and billiard stations.
To operate a profitable business, never make a mistake of opening a pool hall in regions where there are one or more halls in operation.
2. The Play Area
Your business can be ideal for people who prefer to play pool near them if the hall is spacious enough to accommodate clients. You need to consider both pool cue lengths and table size to determine your space. Normally, a cue has a minimum of 58 inches long. You’re therefore expected to double the cue length and apply it to both length and width of your tables to get the required amount of space you will need for your play area.
3. Financial Resources
Financial resources do more than determining the dimension of your pool sizes and business location; it improves business operations and helps to easily provide more facilities for clients. Provision of additional services like pool table rentals, sales of food and beverages can be realized when appropriate funds are available. If the billiard business is well funded, there is a greater potential for an investor to earn up to $2,000,000 every year.
4. Licensing Requirements
License is one of the vital elements to consider when planning to establish a billiard and pool hall business. Strengthen your business by obtaining relevant license from the appropriate authority. You can check your local government or state business office to determine the appropriate licensing requirements for your business. The procedures for obtaining licenses to operate a pool hall varies by locality and state. For instance, a minimum of 35 pool tables is required before anyone can operate a billiard business in Nevada.
Triangle Billiard is among the oldest billiard and game store in the United States. The company is a leading supplier of Pool Tables, Bar Stools, Air Hockey, Shuffleboard, Foosball, Custom Cues, Game Tables, Juke Boxes and many other fun products. We are also a top dealer of Brunswick Billiards - the oldest and most respected name in the billiard industry. Our experienced and highly qualified team are readily available to meet your pool table, snooker table, and games rooms needs accordingly.
If you are planning on opening a billiard or sports club, be sure to see the experts at Triangle Billiards. Contact us now.