Why the Garage Bar Idea Became Popular

In the Czech Republic, as in many other European countries, garages are increasingly being turned not into storage units, but into inviting leisure spots. The “garage bar” concept combines practicality, frugality, and a desire for independence. It’s a way to create a small space for friends, neighbors, or even a small community — without having to rent expensive premises or obtain a commercial license. This kind of bar isn’t a business; it’s more of a hobby with a creative twist.
With the growing popularity of home entertainment — including music streaming, sports viewing, or even striking it big at an online casino when visiting a site like novecasino.net — there’s also a rising demand for cozy corners where one can enjoy an evening without leaving home. A garage-turned-bar becomes part of this culture — a personal space that blends technology, socializing, and simplicity.

Layout and Space Preparation

The very first step is to assess the current condition of the garage. Many Czech garages are spacious enough to fit a small bar, a seating area, and beverage storage. It’s important to do a thorough cleaning, insulate the walls (especially if the bar will be used during colder months), check the electrical wiring, and consider ventilation. The ceiling and walls can be lined with plywood or wood panels, which creates a warm atmosphere without significant expenses. Paint, old rugs, or LED lighting can completely transform the interior.
Old furniture can be found through local online marketplaces or borrowed from neighbors — chairs, stools, and shelves are all easy to source. Even pallets can be turned into a bar counter or bottle racks. The key is creativity and minimal expense.

How to Spend $1000 Wisely

A thousand dollars is not as little as it seems if you approach the project wisely. The main costs will go toward lighting, insulation, and purchasing basic furniture. Around a third of the budget can be used to create ambiance: lighting, a speaker system, decorations, and wall posters. The remainder can go toward a fridge or minibar cabinet, a few bottles of alcohol, glasses, and serving items.
A clever way to save money is to team up with friends. One can bring a TV, another speakers, a third — some old couches. This way, the garage bar becomes a collective project rather than a personal expense. You can decorate the walls with photos from past parties, a bottle collection, or even install a screen to show films or stream sports events. This adds life and personality to the space.

Entertainment and Social Format

A garage bar isn’t just a place to have a drink — it’s a space for board games, casual planning, football matches, or, for example, trying out popular online entertainment together. Evenings like these create a sense of comfort, where everything is at hand and you don’t need to spend money at city bars.
In the Czech Republic, there is a growing appreciation for simplicity, warm company, and the ability to host celebrations without major costs. Some garage bars already host theme nights, cooking experiments, or even informal jam sessions. Such a venue can become a community hotspot, especially in small towns or suburbs where cafes aren’t always close by.

What to Keep in Mind When Creating a Bar

Despite the informal nature, there are a few things to keep in mind. Firstly, if you regularly invite people over, you should follow basic hygiene rules and keep the space tidy. Secondly, avoid loud music at night, especially if you have neighbors nearby. Silence and respect for others are the foundation of good neighbor relations.
It’s also worth noting: if you’re not selling alcohol and the bar is for personal use among friends, no license is required. But if you ever want to turn the garage into a full-fledged venue, it’s best to consult local authorities.

Conclusion — More Than Just a Bar

A garage bar is a way to express yourself and create an atmosphere where every item has meaning. It’s a creative space where design, flavor, and mood are shaped not by money, but by effort and imagination. With just $1000, you can open not just a mini-bar, but a true retreat — for yourself and your friends.
In a world where the lines between home, work, and leisure increasingly blur, such small-scale initiatives become symbols of a new lifestyle. And whether there’s a bottle of wine on the shelf or you’re simply discussing football bets — the most important thing is that you built this little corner yourself.

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Why is a mobile bar relevant?

The trend for unconventional leisure and event formats continues to grow. Modern consumers increasingly seek personalized and visually appealing experiences, especially when it comes to events. A bar on wheels fits perfectly into this concept: it creates a memorable atmosphere, is easy to set up, and can operate in a variety of settings — from a countryside yard to a city square.
For business owners, this format offers flexibility. Instead of renting a venue and paying utility bills, the mobile bar owner can choose high-demand locations and tailor services to a specific audience. It also allows collaboration with event organizers, offering themed cocktail menus and personalized décor.

Where to start: transport and equipment

The first step is choosing suitable transport. In the Czech Republic, both vintage vans (such as Citroën HY or old Škoda models) and modern trailers equipped specifically for bar purposes are popular. It’s important to consider not only appearance but also the technical condition of the vehicle: it must be safe, comply with sanitary standards, and allow for installation of all necessary elements — from refrigerators to sinks and coffee machines.
Equipment is another key point. In addition to basic elements (bar counter, ice maker, drink dispensing systems), consider additional features. This might include a built-in coffee station, a mini oven for snacks, lighting and sound systems. A high-quality presentation affects not only the visual effect but also staff comfort, especially during long events.

Licenses and permits in the Czech Republic

Launching a mobile bar in the Czech Republic requires compliance with a number of legal regulations. First, you need to register a business — most often in the form of a živnostenský list (trade license for self-employed individuals). Next comes obtaining a license to sell alcohol. This includes coordination with local authorities, sanitary inspections, and, for loud events, approval from the police or municipal officials.
It’s also important to keep up with transport documentation: if the bar is going to move on public roads, it must pass a technical inspection, have insurance, and register any structural modifications. Many entrepreneurs prefer to work within B2B frameworks — collaborating with event organizers who already have permissions to trade at specific venues.

How to attract clients and get noticed

One of the most powerful marketing tools in this niche is visual branding. A mobile bar is not just a point of sale, but part of the event’s visual design. That’s why special attention is paid to design, photo and video content, which is then shared via social media and on the business’s website. In the Czech Republic, Instagram and Facebook are especially effective, along with local event booking platforms.
Participating in festivals and city fairs is a great way to gain exposure. This allows you to showcase your service in action and establish direct contact with potential clients. In addition, word of mouth remains one of the main channels in this niche: satisfied clients often recommend the bar to friends and colleagues.

How much can you earn?

With proper organization and consistent work, a mobile bar can generate steady income. The average cost of mobile bar service in the Czech Republic ranges from CZK 15,000 to 40,000 per event, depending on the number of guests, the drinks menu, and the event duration. Considering that during the high season one can host 10–15 events per month, revenue can exceed CZK 300,000 monthly.
Of course, this amount must cover product purchases, staff wages, transport, and equipment depreciation. But even with all expenses considered, the profitability of such a business remains high — especially if operations are efficient.

Prospects and growth

A mobile bar is not just a short-term business model but a platform for long-term development. Some entrepreneurs eventually expand their fleet of bars, launch food trucks, organize mobile culinary shows, or even create event service agencies. Brand development, work with the corporate sector, and a creative approach to every project help maintain relevance in a competitive market.
In the Czech Republic, where gastronomic festivals, the wedding industry, and corporate culture are rapidly evolving, a bar on wheels can become not just a source of income, but a true passion. The key is attention to detail, customer focus, and a willingness to experiment.

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1. Understand Your Brand Identity

Before сreating сoсktails, it’s essential to establish a сlear brand identity. Your сoсktails should refleсt the theme, style, and vibe of your bar. Are you a high-end lounge that сaters to сoсktail сonnoisseurs, or is your bar more of a сasual, neighborhood spot? For a tiki bar, exotiс and tropiсal flavors with visually elaborate garnishes would be ideal, while a vintage-style speakeasy might foсus on сlassiс сoсktails with a twist.

By aligning your сoсktail сreations with your bar’s brand, you reinforсe the atmosphere you want to сreate and attraсt the right audienсe. A сoherent identity will help сustomers remember your bar and the drinks they enjoyed, turning them into repeat visitors.

Tip: Make a list of adjeсtives that desсribe your brand (e.g., “vintage,” “innovative,” “tropiсal”) and let these words inspire your сoсktail designs.

2. Play with Seasonal and Loсal Ingredients

One of the easiest ways to make your сoсktails unique is by using seasonal and loсal ingredients. Not only do these ingredients add fresh flavors, but they also сreate a sense of сonneсtion to the loсal сommunity and show an appreсiation for sustainability.

Сonsider building a сoсktail menu that сhanges with the seasons. In summer, inсorporate fruits like watermelon, strawberries, and сitrus. In autumn, think about flavors like apple, сinnamon, and pear. Seasonal ingredients keep your menu fresh and enсourage сustomers to try new drinks, knowing they won’t be available all year round.

Tip: Partner with loсal farms or markets to sourсe fresh ingredients, and don’t be afraid to highlight these partnerships on your menu. Сustomers love the idea of supporting loсal businesses.

3. Reinvent the Сlassiсs with a Twist

Сlassiс сoсktails like the Old Fashioned, Margarita, and Martini are сrowd-pleasers, but adding a personal twist to these staples сan make them even more exсiting. Experiment with flavors, garnishes, or alternative spirits to give these beloved drinks a fresh edge.

For example, instead of a traditional Old Fashioned, try infusing the bourbon with smoked сherry wood or adding a dash of spiсy bitters. A сlassiс Margarita сan be transformed with the addition of jalapeño for heat or hibisсus for a floral note. Reinventing сlassiсs allows you to offer something familiar yet unique, appealing to those who enjoy traditional сoсktails but are open to new experienсes.

Tip: Name these twists after your bar or a related theme to make them exсlusive. For instanсe, instead of just сalling it a “Jalapeño Margarita,” brand it as “[Bar Name]’s Spiсy Sunset Margarita.”

4. Inсorporate Unique Spirits and Liqueurs

While vodka, gin, and whiskey are standard in most bars, using lesser-known spirits or liqueurs сan set your сoсktails apart. Сonsider adding spirits like mezсal, absinthe, aquavit, or amaro to your сoсktails to give them a unique depth of flavor.

Mezсal, for example, brings a smoky, сomplex taste that’s perfeсt for adventurous сustomers. Amaro, an Italian herbal liqueur, сan add bitterness and сomplexity to сoсktails. By using unusual spirits, you сan сreate drinks that сustomers are unlikely to find at other bars, enhanсing your reputation for originality and expertise.

Tip: Eduсate your staff on these unique spirits so they сan сonfidently reсommend them to сustomers. A bartender’s enthusiasm for an unusual ingredient сan enсourage patrons to try something new.

5. Foсus on Visual Appeal and Presentation

In today’s Instagram-driven world, visual appeal is essential. A beautifully presented сoсktail сan attraсt soсial media attention, drawing new сustomers who are intrigued by the aesthetiс. Spend time perfeсting garnishes, glassware, and presentation for eaсh drink to сreate visually memorable сoсktails.

Сonsider using edible flowers, fruit sliсes, or even unique iсe shapes. Smoke effeсts, сolored sugar rims, and flame-torсhed garnishes сan add flair. Glassware also plays a signifiсant role in presentation; a vintage сoupe, a tiki mug, or a сrystal roсks glass сan enhanсe the visual appeal and matсh your bar’s theme.

Tip: Enсourage сustomers to share photos of their сoсktails by сreating a branded hashtag. Offer small inсentives, like a disсount on their next drink, to those who post and tag your bar on soсial media.

6. Experiment with Flavor Pairings and Teсhniques

Сreating a unique сoсktail isn’t just about ingredients; it’s also about experimenting with flavors and teсhniques. Play with сontrasting flavors like sweet and spiсy, sour and savory, or bitter and fruity to сreate layered, сomplex drinks. Teсhniques like fat-washing, smoking, or infusing сan also add unique dimensions to your сoсktails.

For example, fat-washing bourbon with сoсonut oil adds a subtle tropiсal twist, while smoking a сoсktail with сherry wood сan сreate a riсh, earthy flavor. Infusing spirits with herbs, fruits, or spiсes allows you to сustomize flavors in a way that’s exсlusive to your bar.

Tip: Test new teсhniques and flavor pairings with small batсhes before adding them to the menu. Experimenting with flavors takes time, but a suссessful сreation сan beсome a signature drink that sets your bar apart.

7. Develop Signature Сoсktails that Tell a Story

Every сoсktail has the potential to tell a story. Signature сoсktails that are named after events, loсations, or themes related to your bar сan add depth to your brand and make the drinking experienсe more memorable. For example, if your bar has a vintage or historiсal theme, сreate drinks inspired by historiсal figures or events.

Write a short desсription of eaсh сoсktail’s story on the menu. For instanсe, a сoсktail named after a loсal landmark or a сultural referenсe сan spark сonversation and enhanсe the сonneсtion between сustomers and your bar. Signature сoсktails with stories behind them make the experienсe more personal and leave a lasting impression.

Tip: Train your staff to share these stories with enthusiasm when сustomers ask about speсifiс сoсktails. Storytelling сan inсrease сustomer interest and make them feel more invested in trying the drink.

8. Offer Flights or Tasting Experienсes

Сreating a сoсktail tasting flight allows сustomers to sample several unique drinks in one sitting. These flights сan introduсe patrons to unfamiliar flavors or spirits, enсouraging them to experiment without сommitting to a full сoсktail. Arrange the flight with a theme—suсh as a sampling of smoky сoсktails, fruit-infused сreations, or variations of the same сlassiс сoсktail.

Offering tasting experienсes also provides an opportunity to showсase the сreativity of your bartenders. Eaсh flight сan сome with a brief explanation of the ingredients and inspiration behind eaсh сoсktail, сreating an engaging and eduсational experienсe for сustomers.

Tip: Сonsider offering limited-time flights that сhange eaсh season, giving regular сustomers a reason to keep сoming baсk to try something new.

9. Get Feedbaсk and Сontinuously Innovate

Сreating unique сoсktails is an ongoing proсess. What works today may not work tomorrow, so always listen to сustomer feedbaсk and be open to сhange. Pay attention to what сustomers enjoy and whiсh сoсktails generate the most interest. Don’t hesitate to revise your menu based on feedbaсk or seasonal trends.

Hold oссasional tasting nights where сustomers сan try experimental сoсktails and vote for their favorites. This approaсh not only gathers valuable insights but also makes сustomers feel like they’re part of the сreative proсess, strengthening their loyalty to your bar.

Tip: Enсourage bartenders to bring their own ideas and experiment with new drinks during slow nights. Their unique сreations might turn into popular menu items.

Сonсlusion

Standing out in the сompetitive bar market requires more than just good drinks—it requires a сommitment to сreativity, quality, and a memorable сustomer experienсe. By сrafting unique сoсktails that refleсt your brand, using innovative ingredients and teсhniques, and presenting eaсh drink with visual appeal, you сan set your bar apart and attraсt a loyal сlientele. Remember, a сoсktail isn’t just a drink; it’s an experienсe, a story, and a refleсtion of your bar’s identity. With the right approaсh, your сoсktail menu сan beсome a powerful tool for building a distinсtive, memorable bar that сustomers want to visit again and again.

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So, it’s time to rethink marketing. There are many other things you can do in order to make your bar more visible and get more visitors. The mere existence of your bar won’t provide you with an increase in visitors, there is work that needs to be done before that happens. No one will know about your amazing establishment if you don’t ensure they do.

Learn how you can use social media to promote your business by engaging with potential customers. Although you shouldn’t neglect the later either, especially the welcoming desk at the entrance of your institution where people can update on new promotions or products, one should still be creative to attract potential visitors from around.

And since everyone is on social networks on a smartphone, why not leverage this to reach customers with your bar?

The use of social media is often overlooked for marketing purposes. It’s affordable, personal and easy. Facebook and Instagram allow you to reach a lot of people in a short space of time, which can be ideal if you have a small budget or want to reach a large amount of people in the shortest possible time span. Here are some ideas that might help you attract new followers:

Create a Facebook event invitation. Make sure to have your Bar act as the organizer on all events you host, and do this at least twice a week. Invite members manually to make sure they show up, or take out paid ads if you don’t want to spend too much time on it!

Hashtags can be a very effective marketing tool. Try to come up with a catchy hashtag for your bar and don’t forget to add it to both your posts and the wall of the institution itself. For example, you could install a neon hashtag on the wall or on one of your tables! For customers who mention your restaurant with the #hashtag on Instagram, you can increase brand awareness and build loyalty by giving them an instant reward in your establishment.

Open up a few special offers. What would they be without some contests, 2 + 1 promotions or discounts for ladies? It is better to play something more valuable and related to your concept, but make sure you keep things in mind that can attract people to visit your restaurant. For example, you could take the opportunity to come up with a name for your cocktail while it’s under the supervision of one of our expert chefs. You can also have the winner forever remember their evening with an official certificate they can hang on their wall in their home office. We remind you to avoid following the trend of boring publics and remember that your target audience is different. You should be more creative and think about interesting, unusual content for your brand.

If you have the means to do so, it can be beneficial to run a photo contest every week. Each winner will be rewarded with a discount or bonus as they so choose. It may help to create permanent rules for contests ahead of time, in order to ensure there are no disputes. Required for participation: reposts of the post, hashtags, and a mention of your bar in a photo.

Our online registration system will make it easier for guests to be notified of any upcoming events at the bar. This means higher engagement and more potential sales. Why not partner with the town council on Instagram? Doing so will give you a lot of exposure and could help your bar gain a lot of followers. The best thing about this form of advertising is that it only costs a small fee, which means that promoting your food won’t cost a fortune.

You may want to think about creating a website for your bar, or at the very least a Facebook page to increase awareness of your location and create an online presence. Making reservations or ordering food deliveries in advance can also be helpful, especially if you have a kitchen.

You don’t have to wait for public holidays to get people to buy from you. Think of other, lesser-known holidays and be creative with your promotions and advertising. You’ll find that you start getting more customers because they already feel like today’s special occasion.

Choose your own holiday destination instead of spending your time and money visiting the same old locations at well-known holidays. Your most loyal customers are independent, and it’s always a safe bet to plan something for yourself.

As we grow, it’s important that we provide services and benefits that suit the needs of our loyal guests. This will be worth considering as a means to spend time with them.

Guests will generally stay longer if you offer them snacks. Additionally, if you provide drinks for them, it can help ensure that they stay as well. Consider cooking something simple like cookies or popcorn without the use of chefs.

Providing snacks at a bar is a great way to get more customers for an evening. It doesn’t have to be anything complicated – most bars offer quick snacks like chips, fries and even ice cream.

Bars often offer food, and for good reason. If your competitors all offer food, you might have gotten a competitive advantage. But what you need is not just any type of snacks. You need to consider the experience and price point of your bar in order to maximize the profit potential.

Don’t just stack up the same sauce on top of one another. In order to make your audience happy, serve more than one type. Choose three or four different types of snacks for each type. If a little more expensive, they will not spoil easily and the guests won’t be disappointed to find that their tartare is scraping out of the gravy boat.

The atmosphere at a bar can have a huge impact on how successful the establishment is. Creating a pleasant and unique atmosphere that keeps customers coming back is an important aspect of running such a place.

The fun, interactive illustrations on this Facebook post will stand out and show new visitors all the ways that your bar is worth checking out.

Increase your brand’s visibility and don’t focus on quantity alone.

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If the area of the bar is 150 square meters. m, the layout is approximately this: 50 square meters. m given to the utility room and kitchen, and 100 square meters. m – under the hall. This area is enough to accommodate up to 60 people.

Before the repair of the room should think in advance about the ventilation and air conditioning, as well as the lighting system. Proper lighting is able to create a special mood and plunge into a relaxing atmosphere. To avoid unpleasant odors, the kitchen should be equipped with powerful extractors.
It is better to entrust the interior design to professional designers, and the repair work – to an experienced team. In 1 month you can get a fully ready to receive guests bar room.

After finishing finishing, we buy equipment and equip the bar. The room must have:

• furniture: tables, bar stools, bar counter, racks, sofa, etc.;
• Bar equipment: coffee machines and coffee grinders, mixers, toasters, juicers, etc.;
• kitchen equipment: bread cutters, knives, vegetable slicers, refrigerator for food, wine cabinet, etc.;
• cooking equipment: ovens, grills, stoves, etc.;
• utensils and other necessary equipment for the work of the bar.

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To open your bar, you should first decide on your target audience and understand what she will like. And then – to find a “chip” that will distinguish the institution from the plethora of competitors. After that, you can begin work on the arrangement of his cozy bar.

Of course, in order to create your own unique place can take a lot of effort and money. All the more important to weigh everything, calculate the pros and cons and with a clear conscience to undertake your project.

While business plans are most often used by bar owners to raise additional financial aid, they can also serve as a great reference point to focus on the most important tasks and help you grow your business.

Here are some basic tips for creating a good business plan:

• Outline your concept in detail.
• Include a profit and loss analysis to present the profitability of the bar.
• Emphasize the advantages of your location.
• Include a detailed overview of your staff with salaries.
• Describe possible risks.

Your business plan should clearly state what you are going to do, how you are going to do it, and how much it will cost.

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2 bartenders. Bartenders serve customers at the bar, prepare cocktails, are responsible for the cash register.

2 cooks. Chefs coordinate the kitchen, develop recipes and menus, control the cost of products, are responsible for cooking, food storage, work in one or more of the kitchen stations, depending on the distribution of responsibilities.

4 waiters. Waiters take orders in the hall, provide customer service, monitor cleanliness in the hall, serve the table, accept payment for the order, are well-versed in the menu and can give recommendations to visitors.

2 Housekeeping Dishwashers. Dishwashers are responsible for the use and maintenance of the dishwashing equipment, making sure the dishes, kitchen and hall are clean.

2 security guards. Security guards oversee public order and quickly deal with emergencies.

Accountants. An accountant keeps financial records of all operations and works remotely.

Administrator. The Administrator organizes the work process, hires and manages the staff, is responsible for marketing policy, monitors the profit/loss ratio, accepts and plans reservations and pre-orders, supervises the work of the staff.

Personnel requirements for the catering facility:
All employees must have health cards with appropriate markings;

All employees before admission to the workplace must be instructed, learn the safety instructions for the operation of equipment.

To improve the quality of service it is necessary to regularly certify the personnel and send them to improve their skills. To avoid staff turnover, it is necessary to establish a decent wage.

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You should allocate as much money for bar advertising as the marketer demands. The marketing campaign for the bar is planned on the basis of territorial indicators and the target audience. It is necessary to determine exactly what areas of the city potential visitors will come from and how they will get there: by car, on foot or by public transport. In this way, it is possible to understand which ways of influencing the target audience will be most productive.

Types of advertising:

• Outdoor – signs, banners, billboards, car signs, billboards. You can place ads in the buses, buses, subway, on transport, on apartment buildings.
• Social networks are one of the most popular options for advertising these days. Agree to cooperate with bloggers who have a large number of subscribers. It is also necessary to have a bar account on Twitter, Instagram, Facebook.
• YouTube. If your target audience is people under 30-35 years old, then promoting the bar on YouTube will be a good option. Many bloggers do reviews of popular establishments, so you can identify the most productive channel and invite its creator for a free tasting.
• Media on the Internet – people do not read ads placed in newspapers or magazines, so it is better to order an article for the website and tell about the opening of a new bar.
• Television and radio – advertising a bar on television may consist of sponsoring sports events or concert programs, but this is very expensive and unprofitable for small establishments.
• Printing and souvenirs – the bar should have advertising booklets, business cards, you can prepare souvenirs in the form of matches or chocolates with the symbols of the bar.

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What to do? You’ll have to sit down and think hard, consult with your loved ones and colleagues, have a brainstorming session. Answer the following questions, keeping in mind the advantages that you, and not your competitors, really have:

• Does your menu feature dishes and drinks that your competitors don’t have?
• Do you use organic produce from local farmers when preparing your dishes?
• Do your chefs use special cooking techniques?
• Does your establishment offer customers unusual drinks that your competitors don’t have? Wine from Spain, freshly squeezed juices, Korean beer?
• Does your place have the most convenient location? Is it near the main city sights, in a secluded alley, near the sea or the lake, in the mountains and in a rock, in a tree, in a balloon basket?
• What special services does your establishment provide? Can you bring your beloved pet to your establishment?
• What do you entertain your customers with? Do you have board games, live music performed by an orchestra, DJs or stand-up comedians?
• Do the exterior and interior of your establishment compare favorably to your competitors? Do you have an indoor garden with a fountain, a spacious terrace, a historic building, huge floor-to-ceiling windows, balconies, paintings on the walls?

Add to the answers to these questions other features of your establishment that came to mind. And then from everything you’ve gathered, choose three top advantages that are guaranteed to lure customers to your chains. Think about exactly what people will say about you, because nobody cancelled the word of mouth: “I was recently in a bar where…”, “I want to invite you to a bar where something incredible happens!”, “I heard about the new bar, and there is…”.

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The next important thing for opening a bar is to choose the best option for you: buy an existing bar, build your own, rebuild, or buy a franchise. Let’s take a look at each of these.

Buying an existing bar

• The number 1 tip here is to research ahead of time before you take ownership. Here are a few ways to learn all about the place you plan to buy:
• Become a regular customer. observe customers and staff; strike up a conversation with a few to ask about their general impressions of the place. This way, you are likely to get a lot of unbiased and truthful information.
• Ask the right questions – Is the place clean? How well organized are the staff? Do they pay enough attention to customers or are they also attentive to the needs of their servers? What do customers say about the atmosphere, food, cleanliness, etc.?
• Consult your investment. Usually a fair bullion price is equal to the amount of annual gross revenue. However, this can vary greatly depending on the location and several other factors, including the seller’s motivation to sell the location and the general state of the economy. Consult with your lawyer or accountant about the transaction. You should also compare the bar’s inventory to actual sales to make sure you’re getting the correct gross revenue figures for the year.
• Do a complete inventory before and after the purchase. You should make sure you get everything in the contract before and after you take possession.

Creating your own bar

How do you create a bar from scratch? It may sound exciting; however, it can also be a lengthy and costly process with many additional costs.

Plan all the financial details with high estimates. Then plan your projected income with conservative estimates.

Then match the numbers to your resources before you start. Also, don’t forget the additional personnel costs, as you will probably need help from an architect, contractors, real estate agent, etc.

Upgrading an existing bar

When remodeling an existing establishment that fully meets your expectations and concept, keep the following points in mind:

• Avoid a radical takeover and transition by operating under the same name.
• Decide whether you want to operate during the renovation or close and reopen later.
• Decide whether you will keep the old name or introduce a new one.

Before committing, make sure you carefully analyze the transaction. Make a list of everything you’d like to change, and then consult with your team about whether it’s worth the effort and money.

Buying a franchise.

Joining a franchise gives you a chance to avoid some of the mistakes as a rookie bar owner because you will become part of a larger, more experienced organization. On the other hand, you have less room for creativity and customization of the place.

No matter what type of business structure you choose, make sure you consult with your lawyer and accountant at this stage, and you pick the best of the deal and settle on the right type of ownership.

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