Just got back from the tournament. I ended up getting 2nd place. I destroyed the Sheik in loser's finals. I had to face the Ganondorf again in grand final's, and he beat me 3-0. I went DK the second match but then SDed at 40% because my jump disappeared. I almost won the first match with Yoshi, but I used uair below the stage really low, and he was at 140%, but he didn't die with his weight, and I fell to my death. 3rd match wasn't that close. Ganondorf hits so hard, and side-B is really hard to tech even offline. It didn't help that the guy has a lot of Yoshi experience and has amazing reads. Oh well, 2nd place is still decent for my 2nd tournament.
I ended up getting $36 ($26 profit) and 2 hours of gaming time at the place. The owner is really nice and bought pizza for everyone, and allowed refunds for the people that didn't want to stay for the long waits. The owner didn't know much about the game beforehand, but now he plans to get all the characters, including DLC, and stages unlocked for the next tournament. He wants 6 or so set-ups at the next tournament, which would've made the tournament about 3 hours or so. He also wants to provide food and stuff for everyone, which I think is a nice thing. He plans to get in contact with people like me and the other knowledgeable people (such as the ones that run the Smash Wii U community in my city), in order to be able to run these about once a month. After the tournament got going, it was fine, just really slow. I definitely think it would be a great monthly once they figure out everything. I mean, they have DXRacers!