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BIZBITE

Pool Hall / Billiards Venue

Table rental + beer = 43% profit margins, no food prep required

Bottom line

Worth studying, but do not buy without strong local proof.

Pool halls charge by the hour or half-hour for table time, typically $10–$20/table/hour, supplemented by alcohol and non-alcoholic beverage sales. The global billiard hall industry is valued at $673M (2023) with steady 2.8% annual growth. What makes pool halls financially interesting: table rental revenue is nearly pure margin once rent and labor are covered, and alcohol sales — which require no kitchen — can double the per-customer spend. A well-run venue earns 10–20% net profit on $200K–$600K in annual revenue, with stronger venues in dense markets clearing $1M+.

Acquisition score
Margin · multiple · SBA data
60Strong
Avg revenue
$380K/yr
$180K–$900K range
Profit margin
18%
~$68K SDE
Multiple
1.5–3×
of SDE
Est. buy price
$103K–$205K
startup: $60K–$250K

How It Works

Revenue streams: table time (hourly or per-game), beverage sales (alcohol and non-alcoholic), equipment rentals (cues, chalk), pool leagues (weekly recurring revenue), and tournaments. The key variable is utilization — how many of your tables are occupied per hour of operation. Weekends and evenings drive 60–70% of revenue. Pool leagues are a retention machine: they lock in recurring weekly visits from teams of 4–8 players.

BizBite verdict

Worth underwriting

Pool Hall / Billiards Venue has enough high-level data for a first look, but BizBite has not assigned a category-specific operating model yet. Treat the score as preliminary.

60Strong
medium data confidence · 52/100medium financing fit

Why it may work

  • +SBA dataset shows 66 recent comparable loans

Be careful

  • !Source link status has not been verified yet
  • !No last-checked date yet
  • !No category operating model yet

SBA 7(a) data

Real acquisitions in this category

Change-of-ownership loans · NAICS 713990 · All Other Amusement and Recreation Industries

Deals tracked
141
66 in last 24 mo
Median loan
$603K
$233K–$1.6M p25–p75
Implied deal size
$709K
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal size distribution

<$150K
21
$150K–500K
41
$500K–1M
28
$1M–2M
26
>$2M
25

Deal flow over time

12-month momentum
−11.4%
deal volume vs prior 12 mo
Median loan Δ
+12.9%
31 recent · 35 prior

Financing profile

Median rate
9.50%
15% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
0%
of loans secured
Median jobs
12
supported per deal
Top lenders in this space
Live Oak Banking Company10
The Huntington National Bank9
Northwest Bank6
Manufacturers and Traders Trust Company4
First Internet Bank of Indiana4
Where deals happen
TX12
MN9
OH7
GA6
NJ6
MI6
PA5
CO5
WA5
IN5

Franchise vs independent

Franchised acquisitions finance at $854K median vs $506K for independents — a +69% franchise premium. Franchises make up 23% of deals tracked.

Recent comparable deals

ClosedStateLoanImplied deal
Mar 2026NJ$350K$412K
Mar 2026PA$335K$394K
Feb 2026CO$970K$1.1M
Jan 2026NJ$3.9M$4.6M
Jan 2026MI$4.6M$5.4M
Jan 2026NJ$5M$5.9M
Jan 2026IL$60K$71K
Jan 2026AZ$5M$5.9M
Jan 2026PA$567K$667K
Jan 2026KY$483K$569K
Volume rank #55/544Deal-size rank #323/544Momentum rank #215p90 loan: $2.8MData as of Mar 2026

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Deal Calculator

Priced off $68K SDE — can this deal service its own debt?

3.63×
DSCR · Lender-comfortable
Purchase multiple — 2.0× SDE ($135K)
Category range: 1.5×–3× SDE
Down payment — 10% ($14K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.50%
SBA median for this category: 9.5%
Loan term — 10 years
SBA median for this category: 120 months
Purchase price
$135K
2.0× of $68K SDE
Cash to close
$18K
$14K down + ~3% closing
Debt service
$2K/mo
$19K/yr on $122K loan
Cash-on-cash
282%
cash back in ~5 mo
Debt service coverage · what the lender sees
3.63×+$4K/mo after debt
Most SBA lenders want ≥1.25× coverage; 1.5×+ is a strong file.

SDE = revenue × margin estimate for this niche; it includes owner compensation, so budget your salary out of cash flow. Excludes working-capital injection, capex reserves, and taxes. Actual SBA terms vary by lender and borrower.

Pros

  • +No kitchen required — bar service only keeps overhead lean
  • +Pool leagues create sticky recurring revenue streams
  • +Relatively low startup cost compared to other hospitality venues
  • +Attractive acquisition multiples — many owners underprice aging venues

Cons

  • -Nighttime/weekend concentration means daytime hours generate little revenue
  • -Liquor license costs and compliance vary significantly by state/city
  • -Table maintenance (re-felting, cushion replacement) is an ongoing cost
  • -Gentrification and demographic shifts can gut a neighborhood pool hall's customer base

Best For

Community-oriented operators with hospitality or bar management experience in working-class or college-town markets

Operating Costs

Key costs: rent (typically $3K–$12K/month), staff (2–4 per shift), liquor license, billiard table maintenance (~$300–$500/table/year for re-felting), cues and chalk, and POS/booking software. COGS on beverages runs 20–30%. Table revenue is near 100% gross margin.

Where to Buy

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