Episode Details

Welcome to the latest episode of the Bar Business Podcast! In this episode, host Chris Schneider talks about the first step in the bar business, how to buy or create a bar of your own.

Chris starts by weighing the pros and cons of each approach, discussing factors like cost, time, and flexibility. He then dives into the specifics of buying a bar, such as due diligence, financing, and negotiating the deal. He also covers the key considerations for creating a bar from scratch, including whether to lease a space or buy the real estate.

Throughout the episode, Chris stresses the importance of having a clear and cohesive vision for your bar business, whether you're buying or creating. He shares his insights on bringing in partners, having sufficient capital, creating a culture that aligns your goals and values, and company formation.

If you're thinking about getting into the bar business, this episode is a must-listen. Tune in to learn the essential strategies and tactics for buying or creating a successful bar, and take the first step towards achieving your entrepreneurial dreams.

📌Start Here
Own, run, or manage a bar? Join Bar Business Nation.

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Ask questions, hear what other owners are dealing with, and get ideas you can actually use.

🔴Join here:
 → https://www.facebook.com/groups/barbusinessnation

📌Additional resources
🔴Grab the books “How to Make Top-Shelf Profits in the Bar Business!” and “Menus that Sell” here:
→ https://barbusinesscoach.com/book/