Bars can make alot of money. Usually you can make your original cash investment back in 3 to 6 months.
As finance guy though it is near impossible to get a loan to buy or start a bar. You have to use seed money from your savings and from family and friends. Once you get going and it is successful be sure to get an operating line of credit and things like that. Do not ever put your savings, house, other assests as collateral. Use the future earnings and equipment if you have to. Do this during the good times and not wait for bad times to have back up credit. Way harder to get approved if the bar is already failing.
Also keep a double set of books from the start. One for you and for the bank.
El mechanico has got it right, shadow corps will save your ass
As finance guy though it is near impossible to get a loan to buy or start a bar. You have to use seed money from your savings and from family and friends. Once you get going and it is successful be sure to get an operating line of credit and things like that. Do not ever put your savings, house, other assests as collateral. Use the future earnings and equipment if you have to. Do this during the good times and not wait for bad times to have back up credit. Way harder to get approved if the bar is already failing.
Also keep a double set of books from the start. One for you and for the bank.
El mechanico has got it right, shadow corps will save your ass
" I'M NOT A CHRONIC CUNT LICKER "
Canada, where the women wear pants and the men wear skinny jeans