I spent 15 years in the F and B business, quite a bit of it running the beverage end of things. I would NEVER consider being an owner. If you are successful, it will be because the bar has become your TOTAL existence. Those show off owners who sit at the bar buying their friends drinks end up broke. As soon as the free drinks stop, their friends go elsewhere. Forget spending weekends tinkering with your old Benz. Forget your wife/girlfriend, unless you employ her, and then she'll leave you for some tatooed slime ball who hangs out in your establishment and has the best blow in town. Think about it very carefully. NOT a glamorous occupation.

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You're a daisy if you do.
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84 Euro 240D 4spd. 220.5k sold
04 Honda Element AWD
1985 F150 XLT 4x4, 351W with 270k miles, hay hauler
1997 Suzuki Sidekick 4x4
1993 Toyota 4wd Pickup 226K and counting

Commerical real estate folks have a love/hate relationship with would be bar and restaurant owners. No matter how many businesses have failed in any given location, there's usually no shortage of tenants willing to have a go.

That seems like the least profitable way to be a drug dealer.

I know very little about business, but the attitude about not worrying about construction costs can't be right at all. There are still going to be subcontractors to pay, plumbing, hvac, electrical, on a commercial business you aren't going to be allowed to just do it all yourself and have it pass inspections, oh and materials, helll-ooo? A bar, a grill? refrigeration? Parking lot?

Gilly

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Click here to see the items I have up for auction at EBay

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I used to sell accounting services to restaurants and bars and I will never forget what a one banker told me about a just retired fireman with an inheritance who was about to open a bar:

"The easiest way to make a small fortune in the restaurant business is to start with a large one."

Having said that; The successful restaurateurs I have seen open them up with a catchy theme, build up the business and then sell them.

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Anders

1995 E300
2015 VW TDI Sportwagen 15K
1977 240D (197K)
2002 Subaru Legacy L Wagon (115k) (Wife's)
Gone but not forgotten:
2005 Buick LeSabre
1998 C230
1984 300D
1983 240D
1981 300SD
1974 240D
1974 Fiat 124 Spider
1968 Triumph TR250

ok ok more info. this is more of a "what the hell, we will figure out a buisness plan, but more likely not do it unless it seems cool and within grasp" idea. I currently work at a restaurant with a full bar. I intend to have NO food there. I was thinking more along the lines of an "old timey" bar theme, or a karaoke/ live music bar. as far as location is concerned, we haven't looked yet, but downtown seems like the smartest place for it. In no way is this a full out set to do plan. Just a fun little idea. and any mercedes enthusiast will get half off on all drinks

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1984 W123 300CD silver/blue *230k*
http://www.fuelly.com/sig-us/45166.png

I don't really see how owning a bar is dealing drugs, nor would I be in this for profits.

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1984 W123 300CD silver/blue *230k*
http://www.fuelly.com/sig-us/45166.png

Your COGS and labor for a bar is much lower than a restaurant. Most every place I worked has had a bar and a crooked bartender. In one place the bartender and the GM were the culprits, in another iit was the bartender and the owner's wife, you get the picture.

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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman

O and for the building itself. It would just be a renovation of the inside of an existing building. no new structures would be ideal.

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1984 W123 300CD silver/blue *230k*
http://www.fuelly.com/sig-us/45166.png

do you know how much this pipe dream is going to cost you? It's not going to be cheap by any and all means.

Go to school, learn a trade, something and then build your dream... Thats what I'm doing

thanks for the life advice. I know this wont happen anytime soon or ever for that matter, nor do i think it will be cheap. it's just a funny little idea. nothing serious. and I'm in school already for a teaching degree.

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1984 W123 300CD silver/blue *230k*
http://www.fuelly.com/sig-us/45166.png

As an ex-barman I would say that you need to be aware that life behind a bar can be pretty time intensive. I used to have to work seven days a week as I was only allowed to take my two days off spread over four morning / evening shifts - I was always there... it got pretty tedious after a few years.

Also from a business point of view the most successful bar owner will always be some one without any friends (they will always expect a discount or a freebie) and will be some one who never ever touches a drop of the stuff himself.

In Europe you make more money from food than drink. So here at least you'd need to get a very good cook!

Wellll?

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'06 E320 CDI
'17 Corvette Stingray Vert

im just about broke thanks to this car a mine but ive said it once and ill say it again, this is just an idea being tossed around for fun. nothing serious. just wanted to know what somethin like this would cost and all the little details just for the hell of it, ya know?

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1984 W123 300CD silver/blue *230k*
http://www.fuelly.com/sig-us/45166.png

I like the idea of buying something already established.

http://www.bizbuysell.com/content/search/test4.html?utm_source=googleln&utm_medium=ppc&utm_term=buy%2Bsell%2Bbusiness&gclid=CLGEuKWE8qACFQtx5Qod33g4Ig

Danny

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1984 300SD Turbo Diesel 150,000 miles

OBK member #23

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