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I've been wanting to buy bar in san francisco for the longest time. First timer w/only 15k any start advice?

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Terrible idea, Work at several bar positions and if you still love it, put together a complete business plan. A well prepared business plan will help guide you. Developing the plan yourself will probably prepare you more than anything else and it doesn't cost anything except a lot of time and research. Once you have enough money ($50k?, 200K?, 500K?--the plan will tell you how much) and go for it. A "First timer" bar owner with only 15k would have about a one in thirty (probably much less) shot at doing well. Take the $15k and go to the casino and put it on black or red, one way or another, it'll be over quicker!!

Sep 14, 2011
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Not trying to turn you off , but you asked for advice so "Don't do it". Work at a bar for at least a year and then decide! Owning it will be two to three times more demanding than working there. You will send me a thank you note for keeping you from throwing away 15K (or one that says I should have listened to you). Of course you could be the "one" of the 1 in 38 very underfinanced start-ups that does well . You can get much better odds at the casino.

Sep 14, 2011

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