The billiard hall business plan shows the market potential of a billiards recreation site in a given area by using demographic and industry research to estimate how many paying customers will come play pool. You should know what the market looks like within a 5-mile, 10-mile, and 15-mile radius so that you can see spending pattern tracked by the Census and make a compelling statement about who your target customer is. Beyond market research, your billiards plan should show how much capital you need to raise, how you will spend it, and what sort of Year 3 or Year 5 profit you could realize with the venture. Also:
• What are the nearest competitors?
• How would you define the market need?
• What staffing requirements will you have?
• Who will run the business at the executive level?
In addition, the billiards plan should discuss the marketing advantages you have, any costs related to buildout, and the schedule for start-up, if you're opening from scratch. This should be part of a complete financial model that includes revenue forecasts, cash flow, break-even point, profit and loss, balance sheet, sensitivity analysis, and a look at Year 1 by month. MasterPlans has worked on dozens of pool hall and billiards tournament business plans, and has the expertise to deliver you an exceptional draft in about 2 weeks. Call us now at 877-453-2011.
If you are ready to go, or not sure what kind of plan you need, fill out the form below and we'll call you.