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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+.

60
Acquisition score
Strong

Avg Revenue

$380K

Profit Margin

18%

Acquisition Multiple

1.5x - 3x

Startup Cost

$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.

Revenue Range

Low End
$180K
Typical
$380K
High End
$900K

BizBite underwriting snapshot

Pass for now

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.

36
Speculative / 100
Data confidence
medium
52/100
Financing fit
medium

Category-level fit before lender-specific diligence.

Confidence cap
78

Weak source data caps the final score.

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
  • !No category model yet

Real Acquisitions in This Category

SBA 7(a) 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$5.0M$5.9M
Jan 2026IL$60K$71K
Jan 2026AZ$5.0M$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.

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.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

$-2109/mo
after debt service
Deal price — $710K
Range: $380K (1.5×) to $1.5M (3×+)
Down payment — 15% ($107K)
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 (120 mo)
SBA median for this category: 120 months
Down payment
$107K
15% equity injection
Loan amount
$604K
85% SBA-financed
Monthly payment
$8K/mo
$334K total interest
Monthly profit
$6K/mo
at 18% margin
Monthly cash flow after debt service
$-2109/mo
Margin does not cover debt service at these terms. Lower the deal price, increase the down payment, or extend the loan term.

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell

Find pool halls and billiard bars listed for sale

BizQuest

Entertainment and hospitality business listings

60/100Strong

Acquisition Score

Profit margin
12/30
Entry multiple
29/25
Market depth
9/20
Risk (charge-off)
8/15
Deal momentum
2/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
physical
Difficulty
3/5
Buy price
$570K$1.1M

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