How much is it to open a bar in NYC?
- How much is it to open a bar in NYC?
Startup costs are the first major hurdle to bar ownership. Total startup costs for a bar that rents or leases its location are estimated to be between $110,000 and $550,000, depending on size. 1 A bar that purchases its location and pays a mortgage has an average startup cost of between $175,000-$850,000.
- Can you give away free alcohol in New York?
In addition, owners of businesses may not give away alcoholic beverages to their patrons. Those that do are in violation of the NYS Alcoholic Beverage Control Law. Applicants should be aware that allowing BYOB without a license may jeopardize their chances for approval of their license.