Question:

How Much Money Does it Cost to Open a Bar

by Guest10207  |  3 years, 3 month(s) ago

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When opening a bar for the first time there are some things that you should think about before investing any money into it. You will need to figure in all the cost for startup, along with the cost to continue to stay open for a few months. Here is a list of how much money it cost to open a bar.

1. College-$2k- $4k - course on bartending or how to start a bar
2. leasehold improvements, Structure- $80k-$120k
3. Equipment- $40k-$60k
4. First 2 months of liquor $10k-$20k
5. Electronics $2k-$10k
6. Employees- $4k- $7k
7. License $11k-$15k

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As you can see there is a lot of time and money involved in opening a bar for the first time. So how much money does it cost to open a bar? You should have around $150k to $240k just to get you going for your first few months.

 Tags: Bar, cost, money

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