Quote:
Originally posted by detoxed
costs. liquor license, fixtures, alcohol from wholesalers
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(Illinois Model)
Lease for property, or you buy your own.
Rural = 14k + per annum
City = 50k + per annum
Licence: Semi populated area in IL, reach of about 350-500 thousand people, about $1000 a year, add another $800 if you want to be open later than 1AM.
Liquor, depends on too many factors.
Some vendors won't deal with you until you've moved a certain amount of stock and you'll get no credit till you establish history, this is different everywhere.
Starting inventory = 5-15k +
Fixtures, what are you trying to create?
Standard long bar = 50k +
Modern sleek lounge = 200k +
Take into account, if you use a large beverage supplier, they will fit out your taps, both soft drinks and alcohol plus a tonne of merchandise, glassware etc.
You will need to pay for cool rooms, and storage, plus initial staff salaries, unless you plan on running this yourself. Some states may require your venue to pass health and licence tests.
These prices are fairly broad... I'm looking into buying something similar to this in IL at the moment.