How to Budget for Your Bar Fit Out
You did it!
Your dream of owning your own bar finally looks like a reality, and you’re beyond excited to get going.
From picking your colour scheme to choosing decor that screams ‘shabby chic, yet sophisticated’ – it’s easy to get carried away with it all!
But it’s important to remember that those oh-so-comfy sofas cost money, as does the glassware, the paint, bar stools, and, yep, you guessed it! The bar itself.
When budgeting for your bar fit out, ensuring things run smoothly and are organised is key. After all, you don’t want to splurge on that chandelier you just had to have, if that means you have no money for the rest of your bar!
We’ll dive into our top tips for budgeting for your bar fit out.
Prioritise
Yes, we know, that expensive neon sign may seem like a priority, but is it really? We certainly don’t think so!
Think about it.
What elements must a bar have?
- A full bar system (may seem obvious, but it’s easy to get caught up in the details!)
- Bottle Coolers
- Tables
- Chairs
- Glassware
- Drinks to serve
We’re sure there’s more, but a bar cannot run (or it would be pretty difficult!) if the above are absent.
That’s where prioritisation comes in.
Before you dive into things like fairy lights and an arcade machine, you need to prioritise budgeting for the essentials. And while there definitely should be enough left to make your bar your own, this should be less of a priority over the basics.
Consider Space
When budgeting for a bar fit out, considering space is crucial. For example, there could be a huge cost difference between 10 tables and 5 tables, and knowing the capacity of your space will allow you to budget correctly.
It’s also important to note that although your bar may technically have space for a certain number of tables, chairs, etc. it doesn’t mean you need to fill every inch of it. There’s something to be said about creating a bar experience where no one feels pushed for space or crammed in!
Plan For Unexpected Costs
Chances are, with any big project such as a bar fit out, some things are going to cost more than you anticipated (or hoped!). And while that’s not necessarily something that’s gone wrong in the planning stages, it is important to prepare for unexpected costs.
Whether that’s needing bigger tables than you budgeted for, utility bills, or perhaps you need a wider range of drinks than you first thought.
Either way, planning for unexpected costs and making sure you have enough cash spare can avoid a lot of stress!
At Servaclean, whether you require a full bar system, mobile or portable units for indoor or outdoor use, we have a solution. To find out more about our stainless steel bar equipment, contact us today to speak to our friendly team!
