In your opinion which is a better small business- Pool Hall with about 6-8 tables, OR a Laundromat?

Answer 1

Depends on where you live and location. Laudromat would be ideal in an area with lots of apartments. Pool hall probably better in a town with a larger young population and if located in an area near other entertainment. Also, you could sell alcohol and/or food at pool hall.

Answer 2

Depends on the demographics of your neighborhood, and what sort of city you're in. If you can get a liquor license, serve food, have a qualified bartender, and can provide other services through your business (maybe sell other things or operate a bail bond business on the side) then a pool hall might be the way to go. Also, that's if there's a lot of people in your area who would actually go to a pool hall.

On the other hand, a laundromat might be more ideal if the food and beverage distribution laws are more strict, if power rates are cheap, or if you already have a source of a few inexpensive commercial machines. A laundromat is kind of like a giant machine...it sort of runs itself much of the time, but you need to keep it secure and keep the machines serviced and keep supplies on hand.

A pool hall will require more person-to-person interaction, at least until you get a complete management structure in place. Go work or hang around one or both for a little while, and see which one you think is more ideal for the way that you work best.

Answer 3

For fun the pool hall, for revenue the laundromat. No matter how bad the economy, people still need clean clothes, pool is a waste of money (but like I said, much more fun!).

Answer 4

Well, that's sort of like asking which is better, hot dogs or hamburgers. The key is to make sure you can devote the necessary time to make it work and that you KNOW how the business works before you start. Nothing is easy, and you have to know the inner workings of any enterprise in depth. The pool hall would be more fun though.

Answer 5

A LAUNDROMAT WILL COST YOU A LOT MORE MONEY TO START THAN A POOL HALL.

Answer 6

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Answer 7

laundromat all the way. it is a pretty cheap business to get into and you get a lot of profit from it.

Answer 8

Unless you're selling liquor, the laundromat will make a lot more money.

Answer 9

laundromat cause people need to wash cloths.