Bar/Night Clubs are very hard to own and manage. As a DJ for 18 years, I contemplated many times to open a Night Club / PUB... and the liability for them are very high, so lots of banks turn away from these types of businesses.
Some of the problems why they are too risky are because of drunk people that don`t know how to act their age.
When I was deep into the Night Club life, I had my share of DJing at Clubs such as Palladium, Limelight, Club USA, Twilo, Sound Factory, Shelter, NASA, and my favorite..Zanzibar... The are all clubs based in NYC/ NJ tri-state area.. Here is some scoop of how you can start your own club with little money down or how to fund it to on your own...
What you need to do is:
1. Find a place that already has all the equipment and is willing to rent it to you or lease it to you.
2. Find promoters and high profile DJ`s
3.Start throwing your own gigs always keeping the same name of the gig...
4. hire Security.. most clubs will have their own security..
Need more advise or Djs.. Fly me out and I will turn tear the roof off for you.. I own 10 thousand records and 4 thousand Mp3`s. And DJ software to play MP3s... So keep in touch..
As a former avid pursuer of "the night life" (God how life has changed) I have to just chime in here and put my minute piece of advice in here. Two things to remain focussed on in the club/entertainment industry; profitable promotions that also achieve tons of market exposure, and; security. Safe and Fun...isn`t that the point.
I`m in the business too, over 25 yrs now. Years ago when I bartended at a club in Belltown in Seattle, the owner gave me some excellent advice thats still stuck with me all these years, that I feel you may want to consider...
He said in order to have a successful club, you have to focus on making it very comfortable for the ladies. Forget about the men... If the ladies like your club, the guys will come anyway... That worked like magic for him.
Take it from me, back in those days, he had the BEST club in Belltown with lines down the block in the rain with tons of cute girls waiting to get in, and of course, the guys were there too.
BTW, it was called Casa U Betcha, on 1st ave, back in the 80`s. Its gone now. He sold it and moved on.
Something to think about... Hope it helps.
One last thing I forgot to mention, I`m working on a business plan for the acquisition of 6 F&B businesses across 3 states. Whats your major?