Setting up a Nightclub/Restaurant?

DubzSon

I was thinking of setting up a nightclub/restaurant.
Restaurant by day, nightclub by night.
I have a place in mind and I know that I need a liquor licence.
But I was just wondering, how would I go about starting it up?
Besides obviously buying the place and the liquor licence.
I just want to know, what exactly does it involve?
Thanks!

Haruki

Hire me:D

AstonMartin

Your restaurant will smell of sweat and stale booze and look like a nightclub and use folding tables? Your nightclub cleaning staff will want to be magicans. A suitable area for both would command a high rent and will ask for a long lease. Few nightclubs make money in their first year. Banks wont lend to this type of business.

how much thought have you actually put into this and do you have access to the ?1m+ necessary capital but no business experience?

Bandara

Sorry but this is silly, your living in a fantasy land. You want to open two of the most competitive (and badly affected by the recession) businesses without any knowledge or experience?

And as the previous poster said you will need at the very very least 1m+ (and I can't see that being close to enough)

And in general terms the concept is absurd, restaurants make nothing during the day, and nothing from Monday-Thursday, so your Friday and saturday night is the only chance the resturant has to be solvent. But as you are going to have a nightclub which will need to open at at least 11pm in order to be able to sell enough drink to make it anyway profitable, which means you will need to have your restaurant empty at 10pm in order to turn the venue around, which in turn means you can only do one sitting between 6-7pm which will make it impossible to come close to making money.

You can call me a negative fecker but sometimes there's no point in dressing up something.

MrMatisse

Once again great advice from Hammertime.

Mr.Boots

Hammertime wrote: »

Sorry but this is silly, your living in a fantasy land. You want to open two of the most competitive (and badly affected by the recession) businesses without any knowledge or experience?

And as the previous poster said you will need at the very very least 1m+ (and I can't see that being close to enough)

And in general terms the concept is absurd, restaurants make nothing during the day, and nothing from Monday-Thursday, so your Friday and saturday night is the only chance the resturant has to be solvent. But as you are going to have a nightclub which will need to open at at least 11pm in order to be able to sell enough drink to make it anyway profitable, which means you will need to have your restaurant empty at 10pm in order to turn the venue around, which in turn means you can only do one sitting between 6-7pm which will make it impossible to come close to making money.

You can call me a negative fecker but sometimes there's no point in dressing up something.

I take it you not in the business.
Depending on location, a restaurant can do extremly well during the day time, and again depending on lacation, monday to friday night time trade can also be good.
Your advice is useless, negative and ill informed.

Chet Zar

Mr.Boots wrote: »

I take it you not in the business.
Depending on location, a restaurant can do extremly well during the day time, and again depending on lacation, monday to friday night time trade can also be good.
Your advice is useless, negative and ill informed.

Or completely, utterly realistic?

YellowSheep

Hammertime is right and I fully agree. I was involved in th restaurant business and if you don't know what you are doing you will loose your shirt, if the customers won't take it....your staff certainly will.
Also I can guarantee you, that a proper restaurant set-up will cost you roughly 195 euro per SQ", plus your night club equipment (which is a silly idea anyway). If you want to create something different have a look at this http://www.tigerpalast.de/gastronomie/gastronomie/ . In these challenging times to open a new venue is doable, but you need to know what are you doing.

Anyway, if you need any more info, PM me.

Good luck Oliver

amdublin

DubzSon wrote: »

I was thinking of setting up a nightclub/restaurant.
Restaurant by day, nightclub by night.
I have a place in mind and I know that I need a liquor licence.
But I was just wondering, how would I go about starting it up?
Besides obviously buying the place and the liquor licence.
I just want to know, what exactly does it involve?
Thanks!

It involves a lot of money.

Do you have a lot of money?

A bank will not give a LC student money for this business.

This is a silly idea all round dude.

obliviousgrudge

FFS the guy asked how he would do it, not if he should or not.

And what business of yours is it if he has money or not.

amdublin

emmetmcl wrote: »

FFS the guy asked how he would do it, not if he should or not.

And what business of yours is it if he has money or not.

Yes he asked how he would do it.

And that answer depends on whether he has money or not.

DubTony

Mr.Boots wrote: »

I take it you not in the business.
Depending on location, a restaurant can do extremly well during the day time, and again depending on lacation, monday to friday night time trade can also be good.
Your advice is useless, negative and ill informed.

Oh Oh .... I feel the wrath of Hammertime is about to make another appearance on the E&BM forum. Keep your heads down everyone.

Bandara

Suffice to say I am in the business.

Very much in the business.

The fit out alone on my last restaurant was 1.5m, with freehold of 4m on top of that

I'm about as much in the business as you can get

AstonMartin

Hammertime wrote: »

Suffice to say I am in the business.

Very much in the business.

The fit out alone on my last restaurant was 1.5m, with freehold of 4m on top of that

I'm about as much in the business as you can get

That seems like a huge amount of money to invest in a restaurant/property at the current time.

What is the main drawing attraction for this restaurant?

infamous

Hammertime wrote: »

Suffice to say I am in the business.

Very much in the business.

The fit out alone on my last restaurant was 1.5m, with freehold of 4m on top of that

I'm about as much in the business as you can get

I always love reading your posts always with negative comments yet always fairly quick to discuss your great success and how you have grown from one petrol station to your current growth to a number of different ventures. Thankfully I ignored your negative advice 13 months ago and now have a successfull profitable business obviously not at your level then again who could possibly be.

Mr.Boots

Hammertime wrote: »

Suffice to say I am in the business.

Very much in the business.

The fit out alone on my last restaurant was 1.5m, with freehold of 4m on top of that

I'm about as much in the business as you can get

Perhaps your over spend is putting a slightly negative perpective on your views.
Gone are the days of huge budgets. (that was sooo 5 years ago)
You dont need to spend 1.5m on a fit out to have a very profitable business.
If you have a good product in a good location, i think you will suceed.
I will agree with you that a restaurant/night club is a silly idea....but a restaurant that kicks it up a notch after a certain time with music and entertainment would be cool....cant think of anywhere that does this well.
I am also in the business, however i dont feel the need to disclose how much a i have spent to prove anything, sufice to say its a fraction of what you have spent but probably just as profitable if not more so (i dont have banks breathing down my neck to the tune of 5.5m....infact i dont owe a cent)
If your finding it hard to get customers in your doors and lunch time and night time mid week, then you have a problem.

Diddler1977

Mr.Boots wrote: »

Perhaps your over spend is putting a slightly negative perpective on your views.
Gone are the days of huge budgets. (that was sooo 5 years ago)
You dont need to spend 1.5m on a fit out to have a very profitable business.
If you have a good product in a good location, i think you will suceed.
I will agree with you that a restaurant/night club is a silly idea....but a restaurant that kicks it up a notch after a certain time with music and entertainment would be cool....cant think of anywhere that does this well.
I am also in the business, however i dont feel the need to disclose how much a i have spent to prove anything, sufice to say its a fraction of what you have spent but probably just as profitable if not more so (i dont have banks breathing down my neck to the tune of 5.5m....infact i dont owe a cent)
If your finding it hard to get customers in your doors and lunch time and night time mid week, then you have a problem.

I didn't see Hammertime mention that he borrowed this money from the bank.


In relation to the OP's query I would be wary of doing what he is suggesting - particularly if he does have to get a lend of money in order to raise finance for this hare brained scheme.

Another poster mentioned that the OP was a Leaving Cert Student, if this is true perhaps the OP should spend a few years training in the areas of business that he is trying to break in to.