Billiards Establishment Seeks Investment to Start a New Venue

Opportunity Snapshot

Investment Opportunity

Our mission is to provide a billiards hall in West Cobb County. This service is currently not available in the immediate area. Featuring a full service bar and kitchen. Quality of service, food, and unique facility amenities will ensure growth and success.

The facility will provide accommodations for all types of guests, accommodations including but not limited to: 9ft tables, private pool lessons, smoke filtration, free poker nights, happy hour drink and lunch specials, nightly drink specials, APA pool league, and much more.

The key elements of the hall are as follows:

1. Location: By establishing an entertainment hall s in W. Cobb County, a significant upper hand on competition is obvious. Located on a major road less than one (1) minute from two (2) high traffic major intersections, ensures visibility and convenience to the potential customer, multiplying the chance of success tremendously.

2. Distinctive Attributes: Full service bar and kitchen with a unique menu, waitress so guest do not have to walk to the bar for service, all regulation 9 ft tables, smoke filtration, and quality first service.

3. Gaming: The addition of several interactive and touch screen games and darts provides both additional entertainment and revenue.

4. Quality Food: Special attention to the level of food quality is essential. Not just a simple menu, we will offer food similar to those found at a premier venue. Traditional 'bar' appetizers will be on hand for people craving nachos, wings, quesadillas and more. But a step away from tradition will include burgers, sandwiches, and subs as our lunch menu with the addition of steaks, and dinner plates for the dinner menu while guest drink and enjoy themselves.

5. Exceptional Service: "Quality First". In order to reach and maintain a unique reputation built on quality, we will sustain a 90% accuracy rate on orderd drinks and food decreasing waste of inventory as well as providing an attentive and friendly service to the customer. Through a high ratio of service personnel to customers, nearly one service staff member for every 30 guests, ensures high energy and quality service.

Competitive Advantage

By establishing a new entertainment hall in W. Cobb County, a significant upper hand on competition is obvious. Located on a major road less than one (1) minutes from two (2) high traffic major intersections, ensures visibility and convenience to the potential customer, multiplying the chance of success tremendously.

Once established , the new hall becomes the only competitor in a 10-20 mile radius.

Rationale for the deal

The billiard industry is one of the very unique industries that attract all types of customers. The versatility of the facility itself, allows space for: beginners - professionals, poker players, 21+ (alcoholic beverages), avid game players, sport lovers, even those who just want to sit and talk. Theses attributes allows for a wide range of potential customers.

Level tables and a full service bar are the most important amenities a billiard should have, but what most billiards forget is High Quality Customer Service and the quality of the food. Special attention to the level of food quality is essential. Not just a simple menu, we will offer food similar to those found at a premier venue. Traditional 'bar' appetizers will be on hand for people craving nachos, wings, quesadillas and more. But a step away from tradition will include burgers, sandwiches, and subs as our lunch menu with the addition of steaks, and dinner plates for the dinner menu while guest drink and enjoy themselves.

Use of financing

The company is seeking an investment for start-up purposes for a new entertainment venue in W. Cobb county, GA.

Start-up Requirements

Start-up Expenses:

Air Cond. Upgrade $10,000
Audio/Video $8,750
Bar Equipment $9,500
Bar Supply $5,500
Cash Reserves $5,000
Fees and Permits $4,325
Impact Fees $7,500
Initial Marketing $1,000
Interior Refit $26,750
Kitchen Upgrade $12,500
Legal $5,589
Opening Salaries Deposits $25,000
Point of Sales Systems $8,097
Restroom Upgrade $35,000

Total Start-up Expenses $164,511

Start-up Assets
Cash Required $10,000
Start-up Inventory $4,500
Long-term Assets $90,733
Total Assets $105,233

Total Requirements $269,744

Funds needed to accomplish goal referenced above will be $270,000. An investment of $50.000, will lock in the location as well as start the remodeling process. The applicant will require the entire $270,000 to finish project and open the doors for business.

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