It’s the dream of many young men and women to open their own bar, but there’s more to the process than you might think. Here are just a few tips for the aspiring bar owner.
1. Start Early
Unless you’re buying an existing bar and just putting it under new management, you should give yourself between 6-12 months to realise your dream. Your liquor license alone can take weeks and weeks before it’s approved, and you’ll also have to wait on things like loan applications, zoning permits and furniture deliveries. Make sure that your schedule will allow for all of the necessities of opening a new place of business.
2. Research Local Alcohol Laws
It takes more to get a liquor license than simply filling out a form and requesting one. For example, there are multiple kinds of alcohol permits depending on your business type, so you’ll need to know in advance whether your business is best suited with a “restaurant” license or “tavern” license. If you’re unsure about all of the little things that go into obtaining a liquor license, contact an organisation like Texas Alcohol Consulting. They can help you navigate the waters and figure it out.
3. Draft Your Menu
Alcohol might be your biggest seller, but you’ll still need some food items to go along with it. Don’t be afraid to think outside of the box when it comes to your menu, either. There are so many more things that you can serve alongside traditional “bar food” like burgers and chicken baskets. You can become known as a bar that actually serves high-quality meals.
4. Consider Your Entertainment Options
Last but certainly not least, think about what kinds of entertainment that you’ll offer at your bar. Dartboards are cheap and easy; televisions will always draw sports fans; pool tables will keep things lively. You might also host special weekly events where you bring out the karaoke machine or clear the stage for local comedians. The sky is the limit once you embrace the possibilities of an open mic!
These are just four things to keep in mind before opening your own bar. While it can be a lucrative business, it can also be a challenging one, so do your homework before you make any commitments. You don’t want to regret your purchase and wind up drowning your sorrows in your own bar!