You’ve found the perfect commercial property to open a sports bar. Not only is the location ideal, but your research suggests that a sports bar could be very lucrative. You’d be providing a spot for locals to kick back and enjoy the big game over food and drink. How can you lose? Here are some important factors to consider.
Obtaining a Liquor License
Running a bar that can’t serve alcohol is a non-starter. One of your major upfront costs and to-dos is to obtain a liquor license. This usually requires an application and you have to meet certain criteria according to the state and any other governing jurisdictions. The time between application and approval will vary, so this is one of the first things to see about. Expect to pay at least $10,000 for a license.
Setting Up Entertainment
Having ample television screens with a great audio system is essential to a sports bar operation. You’ll need to make sure that your TVs are set up in a way so that they can be comfortably watched by patrons at the bar counter and at tables. There should also be some standing room for the really big games. The audio should be high quality so that patrons can hear the games above the din of the crowd. Look into satellite dish installation Columbus to make sure you can show multiple concurrent events.
Creating a Menu
You’ll also need to think carefully about a menu. There’s a reason that traditional bar fare such as burgers, wings and other finger foods tend to be popular offerings. Some people like having full meals when watching sports competitions. Thoroughly consider what your customers might expect from your bar and plan accordingly.
When done right, a sports bar can be a great investment as a commercial property. As with other business investments, research thoroughly and plan carefully. It can make all the difference when it comes to long-term success.
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