What is Snookers?
Established in 1989, Snookers operates as a multifaceted entertainment venue in Providence, RI, blending the traditional American sports bar experience with high-engagement recreational activities such as billiards, darts, and shuffleboard. The company has carved out a distinct market position by catering to a diverse demographic, ranging from casual diners to serious pool enthusiasts participating in local tournaments. Its operational model relies on a robust combination of food and beverage revenue streams alongside event hosting capabilities, which has allowed it to maintain a dominant presence in the local hospitality landscape for over three decades.
How much funding has Snookers raised?
Snookers has raised a total of $454K across 2 funding rounds:
Debt
$150K
Debt
$304K
Debt (2020): $150K with participation from PPP
Debt (2021): $304K led by PPP
Key Investors in Snookers
PPP
Public-Private Partnership
What's next for Snookers?
With the recent influx of capital, Snookers is well-positioned to optimize its operational infrastructure and potentially expand its event-hosting capacity. As the company navigates the complexities of the late-stage lifecycle, the focus will likely shift toward enhancing the customer experience through facility upgrades and digital integration. By maintaining its commitment to high-quality service and community engagement, Snookers aims to solidify its status as a regional leader in the hospitality sector, ensuring that its legacy as a premier sports and entertainment hub continues to thrive in an evolving market environment.
See full Snookers company page
