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Tiki Central / Tiki Carving / Tiki Bar 2005 a Swanky project

Post #151303 by Swanky on Wed, Apr 6, 2005 10:39 AM

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S

I had a meeting today with the President of Ruby Tuesday on other business. This is a guy that could not just finance the opening of the place, but start a chain of them if he wanted to. His statement on my idea about opening a bar/restaurant: "Sorry to hear that. I thought you were smarter than that." And he's right. What goes into a successful restaurant is a lot. And that's what we are talking about here. Though I want to open a bar, I must open a restaurant.

So, now I am squarely back in the old corner. I am either going to find the way to skirt the law and get the place open without actually opening a restaurant, or just give up. The whole restauarant aspect just fills my guts so full of knots, I just don't think I can do it. Certainly not myslf, and I would need to know a partner really well to trust them.

I am back to looking up a local business owner who has one of my favorite bars in Knoxville and no restaurant about doing the same thing with the Headhunter. He liked the idea, so maybe we can go in on this together. But the one thing you can't get around is the required table seating for 75. That means you have to have a certain amount of space, and I wonder what kind of income that would require to support. I can work on my business plan like that and see if the numbers add up. How many Mai Tais do I have to sell a night to pay the lease, utilities and payroll...

Why can't I be in a state like Georgia where you can get a liquor license without serving food? RRRrrrrrrr!