How Much To Open A Cigar Lounge (a brief cost analysis overview)
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- čas přidán 12. 06. 2024
- Alex from The Cigar Guys shares average start up costs it takes for opening up a cigar lounge and/or a cigar shop. An overview of the cost for owning a cigar lounge.
00:00 INTRO
00:40 WHAT I AM SMOKING
01:18 SMALL CIGAR SHOP
04:14 BIG LOUNGE, BAR, ETC.
05:25 FINAL ESTIMATE COST
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I wonder what a ballpark estimate for sales might be for the first year?
It all depends on the location and customer demographics. But often times, it usually takes around 3-5 years to become truly profitable.
Probably hard to find investors for tobacco I would imagine. Bummer.
It’s becoming more popular so more people are looking to invest. But, the plan has to make sense. Investors don’t want the risk to be TOO high.
500k 😬
Yeahhhh 😬