If i wanted to open a night club, how hard/easy would it be to get investors with a good business plan?

Question

Also where would i go with the business plan to get investors?

Answer 1

It is your job to come up with the business plan and a five year plan. (Where you realistically expect to be in five years.)

That is what you take to the investors to convince them that you know what you are doing. And convince them to invest.

Please keep in mind that at bar, restaurant related business is location, location, location. This type of business has about an 80 percent chance of failing. You have to be willing to work about 16 hour days 6 or 7 days a week.
If you have a family this is a tough busines..

Think it over thoroughly. Look around for a location. Do not buy it. Price out what it would take to make it operational. DO YOUR HOMEWORK. IT IS IMPORTANT.

Answer 2

GOOD IDEA! I want to do the same!!! if you figure it out let me know..

well I've never worked in the industry but my bro, sis and I all want to do it eventually. I've actually found a place that gives great a advice and will preatty much help you from beginning to end if you're serious. I don't have a business plan as of yet. but you should go to : www.score.org (where are you located? let me know if you need a partner! )

Answer 3

Your best bet is if you know someone personally with the capital to loan. It is such a risky business, and sucha low percentage of nightclubs making money in their first five years, that few investors will touch it. Best of luck!!