Categories

Showing posts with label Feasibility Study. Show all posts
Showing posts with label Feasibility Study. Show all posts

Thursday, July 21, 2011

Why a Bar Business ??

21st July 2011


After introducing the topic of Conceptualizing and Revolutionizing the idea of Bar Business in the Metros of India to the public through my blog, i was greeted with a lot of comments and suggestions. The most prominent among them being , Why do you want to start a bar business?Why not a restaurant or a Sports Bar?What drives you to the idea of opening a Chic Cocktail bars in the metros of India .My answer is very simple and very straight forward .Opening Such a joint will be profitable in the long run.

There are few businesses as glamorous as owning a bar or club. You'll be the proprietor of the establishment where people meet, greet, eat and drink. It'll be a home away from home for some of your customers, and you'll be the ruler of this social roost.
The profit potential for bars is incredible. By taking a $20 bottle of liquor, and selling it an ounce at a time for $1.50 and up, you can make as much as $192 per bottle. That's a whopping 800 percent return on your investment!
Owning your own bar or club can mean long hours, meticulous attention to detail, giving up vacations and weekends, and sometimes dealing with unruly customers. But if you have a clear vision, do your homework, and learn the ins and outs of the business, it can also translate into a rewarding and financially successful enterprise. If you're friendly, outgoing, like people and have good business sense, you're already well on your way.


I hope i have made my intentions on and the outcome from my project clear .

Friday, May 20, 2011

“Conceptualizing and Revolutionizing the Idea of Bar Business in the Metros of India”.



Like every other student who pass out of a catering school ,even I am dreaming to start something of my own. Well for me I have something in mind .and that something is that which involves the starting of the greatest possible way of making capital for a long period of time. I am planning it bigger and better. Something like “cocktails and dreams”. 
My idea of “Revolutionizing the Bar Business in the Metros of India”, is a not a very distant accomplishment. And bar business that I mean here is not just another bar where you go and enjoy the sip of beer and relax. It will be something much more complex in process and sophisticated in nature and very simple in its approach. I want it to be an entertainment for the guest in the 1 sq mile of my Chic Cocktail Bar, where I believe lays the greatest concentration of wealth in the world.
There is no better way of making it than behind the 3 ft of mahogany, they say. For the same me as an entrepreneur should outthink, out scheme, outmaneuver and definitely out work.
Bartending as the definition say is the art of serving beverages behind a bar. And the person who does this service is the bartender. Who is a bartender? In lay mans language, a bartender is a person who serves beverages behind the bar . May it be alcohol, wines, beverages or cocktails. Cocktails being the most revenue generating of all depends on the bartender who also act as a Mixologist at that point of time. For a bartender a customer is a means to an end. They can puzzle the customers with ice work and dazzle them with the bottle work. To me a bartender is the aristocrat of the working class. If he knows how to make the moves right and win the customers heart the money will just flow in to the organization, come hell come high water. The essential technique of bartending is that unless you pour , the more you shall score. Faster is definitely better for a bartender.
My concept in this Cocktail bar will be very simple. The guest can surely order their favorite classical cocktails may it be the sex on the beach or schnapps made from peach, the golden hammer the Alabama slammer, the Mojito with can go well with the burrito, the cosmopolitan or Cuba Libra and above that the bartender will make them drinks with his mixology skills for what they like and what they want to drink. I believe for a quality Cocktail, you should use quality spirit ,mixers ,alcohol, or let it be even the garnishes. On completion it should be a classy drink both in style and in quality.
This is the intro of my new research on “Conceptualizing and Revolutionizing the Idea the Bar Business in the Metros of India”. Stay tuned for more updates