I want to start a lounge/club....can anyone comment?

  • Thread starter Thread starter Dre T
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Dre T

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1) Do you know of any licences that I need (except for liquor license)?
2) I have 25K-40K for the investment. Is it good enough.
Basically I have to renovate the place and get the alcohol, promotion is not a problem (taken care of).

Details: there would be no food. Bouncers will be my friends so it wouldn't cost as much. It is a good area as there is limited amount of lounges/clubs in the area but there are plenty of people who are into the scene.
The space would be small I think 1500-2000 sq. ft. would that accomadate 50-75 people?

How much would you think the insurance will be?


Any other input would be great.

I know that it was asked before, but I only got 2 answers which helped out a bit. More help would be appreciated.
 
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.

http://www.nightclub.com/NBRMA_Benefits/ -- National Bar & Restaurant Management Association
http://www.acenational.org/ -- Association of Club Executives

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:

* How to Setup and Operate a Successful Nightclub: An Entrepreneur's Guide to Running a Profitable Club Operation by Robert Smith
* Start Your Own Bar and Tavern (Entrepreneur Magazine's Start Ups) by Entrepreneur Press
* Bar and Club Design by Bethan Ryder
* Upstart Guide Owning & Managing Bar or Tavern by Roy S. Alonzo

There are lots of free informational resources out there. Check out these articles:

http://ezinearticles.com/?Creating-A-Winning-Bar-Business-Plan&id=103334 – Creating a Winning Bar Business Plan by Shaunta Pleasant
http://www.entrepreneur.com/article/0,4621,290299,00.html – How to Start a Bar/Club by Laura Tiffany

Hope that helps! I wish you much success & happiness in all your ventures!
 
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