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"Billiard Hall Business": How to Get Started

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Billiard is a hobby, and sport that never gets old, and every year steady stream of newcomers always grow. Thus, opening a billiard hall is always a good business opportunity. Contrary to popular belief, this business can be started small, and doesn't really require that much of an investment.

Selecting a good location will be the key to this business, as well as maintaining cash flow and marketing. Although expansion potential is limited, there are many ways to gain additional profits for this business, we'll discuss more about that below.

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Interested to start this business? Here are a few tips to help get you started.

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1. Startup Investment
The first expense you're going to make is renting space, and it will vary depending on the location. As mentioned, good location is the key to this business, so make sure you do enough research and comparison before you settle on a place. Another investment is, obviously, for the billiard tables, it may vary depending on whether you decide on snooker or 8-ball table, but will typically cost around $500-$3,000 apiece. You can start with around $10,000-$50,000, depending on location and size of your business.

2. Marketing
A good location is already a good marketing. Make yourself searchable on the internet by utilizing Search Engine Optimization (SEO). Get listed on Yelp and other social media-based promotional platform. Offer membership program to attract repeat customers,building their loyalty with discounts and benefits.

3. Additional Income
As mentioned, there are quite a few options to gain additional income in this business. For example, you can sell snacks and beverages, or even a full meal for a profit. The membership program mentioned in the previous section can also generate additional income, as well as to organize pool leagues and competitions.

4. License and Permit
Depending on your location, a special license and permit might be required for this business. Consult your local authorities to get a better information regarding required license and permit. If you're planning to serve alcohol, you'll also need additional liquor permit. As you will be dealing with various types of customers, investing in an insurance will be a good idea, and might be required by the law. Insurance can safe you from property damage as well as other unwanted accidents.

5. Pricing
The business is quite price sensitive, especially if you got other competitors in your area. The average price for a snooker table rental is around $8-$12 per hour, while the price for eight ball table is usually in the $6-$10 per hour range. However, conduct enough market research to determine the right pricing strategy depending on your location.

Earning Potential

With $8 being the average price for a pool table rental per hour, you can make $56 per table with an average occupancy of 8 hours a day. With ten tables, it will be $560 a day, or $16,800 a month. Owning a 10 table billiard hall can earn you $187,200 annually with this assumptions.

Don't forget, there are additional income options mentioned above, which can bring your potential income to the $200,000 range.

Marketing and location, as mentioned, will be the key to success in this business.