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Yeah, I definitely don't have anything ready to open for quite a while. Right now, I'm just trying to figure out what I'm going to be doing so that I can kind of focus my college years a little better.
Right now, it's looking like I'll need in excess of a million dollars minimum for the men's club (assuming I find a decent, but cheap building and just renovate it a little), along with a very large facility, a staff of probably 5-8 for retail, a dozen for the spa part, and probably 10-12 for the club/restaurant. Not to mention the bakery. That, however, would be none of my concern.
So, at least 27 people, $1,000,000 in taxes, licensing, remodelling, and partial stocking, probably another $100,000 in merchandise, $10,000 in marketing and public relations, $100,000 in kitchen equipment, plus the money needed to pay these 27 people's salaries, and keep the business running until it turns a profit. All in all, probably around 1.3-1.5 million dollars.
Looking at that now, it looks high, but I'm fully aware that in any business project, whatever looks high to start with ends up barely getting you by (if at all).
Perhaps, I'll do the car thing during/immediately after college and hopefully by the time I'm 28-30 I'll have this thing at least started. That would allow me to build some capital, and find either backers or loans to set everything up.
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it's all about self-indulgence
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