Opening Up a Nightclub vol. Damnit Tasha I said I'll fix it

flyny

flyny

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I been wanted to open up a Nightclub before Ghost. Ever since Power dropped, all these club promoters think they more important than they really are in their Nordstrom Rack clearance section shirts.

But not to get off topic, any NTers own (or know anyone who owns) a club? How much money you getting? I know you got to get a liquor license, but you can surpass that by making it a BYOB spot right?

Someone help
 
FlyNY said:
I been wanted to open up a Nightclub before Ghost. Ever since Power dropped, all these club promoters think they more important than they really are in their Nordstrom Rack clearance section shirts.

But not to get off topic, any NTers own (or know anyone who owns) a club? How much money you getting? I know you got to get a liquor license, but you can surpass that by making it a BYOB spot right?

Someone help
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Is that a thing? 
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My only advice is never take the straight path nowhere because life is full of twists and turns. Bumps and bruises but you'll live and learn.
 
Club would go bankrupt within a month making it a BYOB spot.

Most money youll make will be from alcohol.
 
minus whale have cats bring a boombox and play their own music. that way you spend money on a DJ
 
If you don't have the bread to get a liquor license, you don't have the bread to start a club.
 
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I've looked into getting involved in the nightclub/bar ventures recently. From what I've gathered through early due diligence, your business would be severely debilitated without the liquor license.

As some people have already mentioned, most of your margins would come directly from alcohol and food. I'm not sure how you'd get around obtaining the liquor license by making it a BYOB establishment. Would you claim it's BYOB, but sell alcohol in the side? That could open up a messy drawer.

You should reach out to @Ricardo Malta if this is something you really want to pursue. From what I know, he's a co-owner of several speakeasy's in the NYC area. I'm not entirely sure if he had a hand in building these speakeasy from the ground up, or just has an equity stake.

None the less, he'd be a good person to reach out to first.
 
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BYOB club?? Never seen that. How you gonna do bottle service with no bottles?

They got BYOP Karaoke spots out here.

Mariscos spots let you BYOB too :smokin
 
One of my BMs used to dance at a BYOB strip club in Texas.  Most of the clientele there were the type to bring problems, Latin Prison gang members from Texas Syndicate to Tango Blast to Latin Kings or Outlaw MC bikers.  A lot of brawls would break out and the bouncers had a tough job there.  You don't want a BYOB establishment is what I learned from the headaches alone
 
Back in Aug 2014 I was walking downtown from the UC campus (University of Cincinnati) and seen a guy painting over graffiti outside a bar, I asked him if he worked there. Although he looked like an ordinary white guy, he had a funny accent (Arabic Muslim from Turkey)...it later dawned on me he actually owned the place. :lol:

He wrote down my contact info and told me when school starts up in Sept he'd call cause that's when they get busy. The next day, I get a call it's him and he tells me to show up that night for work as a barback :wow:.

There were 5 Regular Employees 1 Barback (me), 2 Female Bartenders, 2 Managers (who doubled as bartenders on busy nights). Besides that, there were 3-4 contractors, a sound engineer to set up the audio equipment when Bands or DJs/Rappers were booked, a Bouncer at the door, a Bouncer inside on Hip-Hop night. Hip-Hop night also usually had a promotor who collected admission at the door. The main bar area was probably 200 Sq Ft (10x20 ft), dance floor was about 500 sq ft (25x25 ft) and had a small stage area for musicians, outdoor patio 200 sq ft (10x20) and there was also a lounge area downstairs that was booked once a week, was about same size as the dance floor.

Bar was open every day except Sunday, Friday was by far the busiest (hip-hop night) with 300-400 ghetto blk ppl lol. 2 Nights a week it was packed with UC Students, but the rest of the week was slow and fledgling bands would play for 20-30 people who were most likely friends/family or bored people who came in for a drink and were curious. Downstairs lounge might be booked once or twice a month usually by an older white hipster crowd.

As far as money, it was indeed a cash cow...the owner a 57 yr old dude had bought the place in 1997. He pushed an Audi TT, had a 35 yr old wife with a 3 yr old boy. Bartenders made between $100-200 in tips for 6 hours of work and on top of that got a weekly paycheck ($10/hr). One of the managers used to play in bands himself during his twenties, so he was the perfect person to book the musical acts. Over the course of a year, maybe 5-10 Famous Rappers would be booked which obviously the club paid for, but other than that the aspiring acts had to pay to perform there. They also had some "vending" style machines, one that you could pay $1 to measure your breath alcohol content, and another was a touch screen jukebox that played a song of your choosing for $1.

All in all, the bar averaged $5k in revenue a night, profit for the owner being $1k-2k a night. employee/contractor payroll $1k a night, wholesale alcohol/snacks $1k, utilities/various expenses another $1k.


Considering the owner was:
Arabic (completely different mentality towards business)
40 y/o when he jumped into the game (lots of money saved up)
Had an MBA/experience in the Corp World

I think you should wait, unless your very popular in your community, or have $100k-200k in savings already.
 
Hank Scorpio said:
I've looked into getting involved in the nightclub/bar ventures recently. From what I've gathered through early due diligence, your business would be severely debilitated without the liquor license.

As some people have already mentioned, most of your margins would come directly from alcohol and food. I'm not sure how you'd get around obtaining the liquor license by making it a BYOB establishment. Would you claim it's BYOB, but sell alcohol in the side? That could open up a messy drawer.

You should reach out to @Ricardo Malta if this is something you really want to pursue. From what I know, he's a co-owner of several speakeasy's in the NYC area. I'm not entirely sure if he had a hand in building these speakeasy from the ground up, or just has an equity stake.

None the less, he'd be a good person to reach out to first.
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Yeah man my homies ray and his man Claude got a club

The boom boom room

Its a poppin *** club in the city! Goat
 
Don't own one but my friend is part owner of a really poppin club in Manhattan. liquor liscense for a club in NYC is ridiculous something like 20k or maybe more. And god help you if you sell to a minor and they take it away or suspend it.

Funny to me how Un Chin changed its name to A Little Less. Hilarious side note.
 
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