2006-10-18 07:03:26 · 4 answers · asked by anthonyblancoab 1 in Business & Finance ➔ Small Business
Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.
Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:
* Start and Run a Money-Making Bar by Bruce Fier
* Upstart Guide Owning & Managing Bar or Tavern by Roy S. Alonzo
* Start Your Own Bar and Tavern (Entrepreneur Magazine's Start Ups) by Entrepreneur Press
* The Food Service Professionals Guide to Bar & Beverage Operation: Ensuring Maximum Success by Chris Parry
There are plenty of free informational resources out there. Check the source box for links to articles.
Hope that helps! I wish you much success & happiness in all your ventures!
2006-10-18 08:46:08 · answer #1 · answered by TM Express™ 7 · 0⤊ 0⤋
depends on so many factors
localtion, taxes, drinks, suppliers, building costs, staff costs, the average startup cost can be about $100,000 to $250,000 but this depends on the size of the bar.
2006-10-18 07:13:10 · answer #2 · answered by Paultech 7 · 0⤊ 0⤋
If you are starting from scratch and have a location, I would think that you would have to put out $10,000 for the rent, overhead, and inventory costs. Ins. would be very high for liability and such.
I could go on and on...but you see how it goes...
2006-10-18 07:14:36 · answer #3 · answered by deburleigh 3 · 0⤊ 0⤋
The liquor license alone is a lot offffffff $money...
my father owns one and that is what i heard him say .....
2006-10-18 07:12:24 · answer #4 · answered by L.S.A 3 · 0⤊ 0⤋