Typical cost buckets
Small bars can start with lean budgets, but city-centre concepts often require substantial renovation, counter equipment, refrigeration and cash buffer.
Startup
A bar budget must include lease, deposit, renovation, licences, equipment, initial stock, staff setup and working capital.
Small bars can start with lean budgets, but city-centre concepts often require substantial renovation, counter equipment, refrigeration and cash buffer.
Build conservative, expected and optimistic cases. A bar that works only in the optimistic case is usually undercapitalised.
Working capital. Beyond fit-out and equipment you need several months of rent, wages and stock before revenue covers fixed costs. A bar capitalised only for the build is fragile.
Forgetting working capital, underestimating electrical, plumbing and ventilation upgrades, and planning only the optimistic scenario.