CEO Bros - After Hours · 2026-07-17 · 31 min
#howtobuyabusiness *He Wants to Buy a Pool Hall (But the Books Are on a Napkin) | S2 Ep 74* *Brad is 50/50 on Baldy's Billiards, and the numbers may decide it.* Who runs the business when you're not there? Can you trust financials that look like notes on a napkin? Can you afford the deal if the whole thing fails? Brad has a real opportunity to co-invest in an existing pool hall. Great location. Loyal players. Leagues. Plenty of upside. It also comes with a price north of $1 million and financial records that aren't giving him much confidence. That turns a fun idea into a serious decision. Is he buying a profitable business, or expensive tables, bar stools, payroll, debt, and a lease? Is this a lifestyle business he'll enjoy for years, or a hobby that starts draining money the moment the excitement wears off? Brad is truly 50/50. Brian and Matt pressure-test the deal in real time, from funding and location to management, food sales, ownership incentives, and whether Brad can commit enough time to make it work.
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Wild Card - McDonalds, Starbucks, Verizon