Thread: Opened a Bar
View Single Post
  #27  
Old 09-20-2007, 04:40 PM
guids guids is offline
Senior Member
 
Join Date: Oct 2005
Posts: 12,908
Default Re: Opened a Bar

[ QUOTE ]
guids,

Thats 4k a month plus maybe 700 in covers to pay the bills. We do have a corp attorney who is a semi-friend. He'll draft everything up early next month. Until then I'm looking at different options for each of the possibilities.

Despite being labeled a "dance club" this is not. Its a dive, but for the area will probably be middling in terms of quality.

We already have a pretty solid thing going for wholesale things. Our sound equipment is all at cost. Glassware is free etc etc. I'll have to post more for more ideas etc as time moves onward.

[/ QUOTE ]

Im assuming 4k a month in profit, not gross correct? if not, you should probably aim for about 3 to 4 times that, even 4k profit is nothing, you can double that at even the smallest hole in the walls. Also, id look into my earlier suggestion of buying your goldentee/bags/silverstrike/cig machines yourself, that is a huge source of income in the right places, ecscpeiaclly since its "a cash business". What are you paying in liability insurance?
Reply With Quote