How much money to start up a neighborhood sports bar?
3M TA3 asked:
I’m thinking about investing some of my cash I have saved over the years and starting a sports bar in the development I am living in. They are building a huge town center and no pubs or bars are there yet. I have never run any bar but KNOW this would go over well if done right….so what suggestions do you have for me and what do you think I would need for finance..Min? Obviously I would serve pub style food too.
Reynaldo
I’m thinking about investing some of my cash I have saved over the years and starting a sports bar in the development I am living in. They are building a huge town center and no pubs or bars are there yet. I have never run any bar but KNOW this would go over well if done right….so what suggestions do you have for me and what do you think I would need for finance..Min? Obviously I would serve pub style food too.
Reynaldo
Tags: Finance, How Much Money, Neighborhood, Pub Style, Pubs, Sports Bar
January 1st, 2009 at 7:58 am
For the town and if there even any available for the biggest expense could be the town and if there to see if there even any available for the town and if there.
January 4th, 2009 at 9:03 am
Undertake or commission market research study and write a business plan. Email tyneham when you need further advice.
January 6th, 2009 at 12:07 pm
A lot depends on where you live how many square feet you need. In Texas a liquor license is around $3500.00. That’s a drop in the bucket compared to the big picture such as insurance, food permits, equipment, furniture, glassware, product, payroll, etc. Minimum starting from scratch I would say $45,000. Again, that will vary depending on square footage.
Good Luck