Opening a successful bar – your complete guide
Are you dreaming of opening a successful bar? Wondering where to start, which steps you need to take to open a bar, what the latest trends in the industry are, or what budget is needed to get started? In this guide we will answer all your questions related to open a bar.
Regulations and certificates
Before you can officially open your bar and welcome your first customers, you will need to complete a number of administrative procedures. These varies depending in which country you are going to operate in. To avoid unnecessary delays in your project take your time and find out which regulations and certificates you need to have to open a bar.
Conduct a market research
Before deciding on the type of bar you want to start, it is advisable to conduct a market research. A market research involves assessing whether your business project is economically viable in the intended location. To do this, you will need to analyze existing bars, the habits of the guests you want to target, and the state of the competition. By taking a closer look at existing bars, you can see what works and what doesn’t, and you will have ideas on how to differentiate yourself from the competition.
Bar Trends that are working the best
In 2023, many new bar owners are basing their concept on a particular type of alcohol. Among the trends that are currently working best, we find:
Beer bars: You can easily distinguish yourself from the competition by offering original beers or implementing a self-service concept with a beer wall. This way, customers can serve themselves in a fun way, bypassing the lines.
Wine bars: If you opt for this type of bar, it is a good idea to focus on quality rather than quantity. Market research will provide more information on what is expected depending on your intended location.
Cocktail bars: this concept still works well in 2023, especially in tourist areas and big cities. However, competition is tough, and it’s important to develop a unique concept to build customer loyalty.
Bars based on a particular alcohol (rum, whiskey, gin, vodka, etc.): this type of bar will allow you to stand out quickly if such a concept does not yet exist in your intended location. However, they often appeal to a very targeted clientele, so make sure it exists where you want to settle.