Anyone here own a Cigar bar ever?

[icehog3]

One thing you need to investigate and price is insurance...it can add a lot to your bottom line.

Most businesses like this fail in the first couple of years. Opening one when you have no business experience increases the odds of that exponentially. One would be wise to seek a partner with some experience in the bar business.

[bobarian]

Originally Posted by icehog3

One would be wise to seek a partner with some experience in the bar business.

And make sure he has very very deep pockets.

[cobra03]

I would have to fully agree with Tom here. While i dont own my own i am friends with people who own cigar shops and bars respectively. In both cases these guys had alot of previous experience running other business and decided to get into this stuff because they had a passion for it. Even with the previous experience and capital it was a huge gamble, and they struggled for a while before they could get a foot hold and break a profit. If it is something you really want to do , i say go for it. This country was built on people going after their dreams. With that said i would sit down with a good lawyer and an accountant and seek out some people with experience possibly a potential partner.