Post #127848 by Swanky on Mon, Nov 29, 2004 4:01 PM

I had a lot to do with Hale Tiki opening and have a good many details. My suggestion is to start with the Small Business Association online and get one of their business plans that is close and tweak it. Like maybe a sports bar and change the terms and things around. Then maybe get with them locally and see if you can pick the brains of those near you who have run that sort of business. Careful not to give your idea away, just find out the important stuff for the business.

Your location is going to dictate everything. How much space will you decorate? How much is rent and how many seats will you have to cover that rent? How many people will have to work there? 1? 3? 5? Food? This starts getting you to what your revenue will have to be to support the place. Is that feasible? And so on...

Decor will is an issue. Do you want to impress die hard TC people or the locals? Etc.

But in the end, just consider your self opening a bar. Not a tiki bar, a bar. Fogure all that out. The SBA considers up to $250,000 a small business loan.