Bar Startup

Every town has a bar. They have historically been places for individuals to relax with a drink and discuss the day's issues with others. According to Christine Sismondo, the author of "America Walks Into A Bar," bars have played a crucial role in many of America's pivotal moments, including the revolution. That role as an important community center does not come cheap. As is the case with any other business, a bar requires financing to get started. The amount varies depending on many factors.

Location

Finding the best location for a bar is a crucial part of planning and can help or hinder the business. The cost for the premises selected will depend on the area's popularity, the location's size and whether you rent or buy the property. According to Restaurant Owner, which conducted an industry-wide survey prior to August 2011, start-up costs for bar establishments that rent range from $125,000 to $550,000. For owners who opt to own the premises, the cost is between $175,000 and $850,000. Another option is to purchase an established bar, which can cost as little as $25,000, according to "Entrepreneur" magazine.

Bar Types & Themes

The type of bar you open will also impact startup costs. Bar type varies from beer bars and brewpubs to wine bars. The startup cost for a brewpub ranges from $100,000 to $1 million. This is because of the equipment needed to make beer on the premises. Some bars cater to sports enthusiasts while others are set up as nightclubs. All bars will require basics such as glasses, furniture and fixtures. That can cost $21,000 or more.

Licenses & Permits

All businesses must be registered with state authorities, and the cost of a business license will vary from state to state. Bars must also obtain permits to sell alcohol. In New York city, for instance, this permit is known as an Alcohol Beverage Control license and is obtained from the New York State Liquor Authority. An annual fee will be required to maintain the license.

Additional...