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What Would You Pick?


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Hello
I am opening a hookah lounge and am unsure of which location to pick-
First one is only $900/month rent. Older building, will need some work
Second is $2000/month rent. New building, will need cosmetic work.
Both are in the same area. Do hookah lounge patrons want a newer building? Or is it all the same to you as well as the hookahs are prepared well, good food, and they are decorated to be a comfortable atmosphere? Im not sure what hookah lounges make typically, so i vote for the $900/month rent to be on the safe side. My partner feels we should go for the more upscale building, thinking if we aim high, we will make more. What would you do?
Thanks
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depends on what business are surrounding the area...also, consider parking, visibility from the street, etc...

i'm not sure how different the buildings are, but if i knew nothing of your lounge, i would avoid anything that looks sketchy...however, you could also put the $1100 you're saving to renovate...

so, i dunno...take a look at your surroundings and see which would lead more people to your lounge.

location, location, location...after that, appearance, atmosphere, and quality. i actually put quality lower because most consumers don't know the difference between a good and bad hookah.
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While the new place is nice, I'd personally go with the older place. Not only will you have more to work with and feel more connected to your hookah bar, your patrons will too.

As far as the cost, you need to look into the old building a bit more. Find out what it needs to be up to code and check the architectural work, you don't want to have a roof cave in any time soon.

If all this checks out then go with the older place for price. Yes, you'll spend a few grand (at least) getting everything up to par, BUT considering that the rent is less than half of the newer building you'll recover the cost within 6 months. Plus the extra money you save can go towards other bills like water, electricity, supplies, wifi.
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QUOTE (ivana @ Sep 14 2009, 11:42 PM) <{POST_SNAPBACK}>
Hello
I am opening a hookah lounge and am unsure of which location to pick-
First one is only $900/month rent. Older building, will need some work
Second is $2000/month rent. New building, will need cosmetic work.
Both are in the same area. Do hookah lounge patrons want a newer building? Or is it all the same to you as well as the hookahs are prepared well, good food, and they are decorated to be a comfortable atmosphere? Im not sure what hookah lounges make typically, so i vote for the $900/month rent to be on the safe side. My partner feels we should go for the more upscale building, thinking if we aim high, we will make more. What would you do?
Thanks


Hi! It sees we're both opening a hookah lounge at the same time? Where are you from if you don't mind my asking? We can probably help each other out with advice and issues about getting started (Assuming we're not from the same town! haha).
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There are 3 Hookah lounges around here. One has a newer, more modern atmosphere. They have decently priced hookahs, but crappy music. And the people that go there tend to be bros and their fellow tool-headed followers. Not a fan, though its not the lounge's fault.

The second one has more of a bar-like atmosphere. Cool people, easy to talk to, always meet someone new. Though it is more expensive (About 3-5 more) I do enjoy this place more

The third looks like a legit egyptian lounge. Pillows everywhere, you sit on cushions, even their hookahs are egyptian and syrian brands. No Myas from what i can see. Second favorite.

Just a luck of the draw I suppose...
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damn I just left wyoming you must be in casper.

I recomend concentating on getting belly dancers you get those and cowboys will come running and stay all day and pay twice as much.

Also-one of my peeves about a hookah bar is an owner who doesn't smoke a hookah.Its like a vegatarian opening a butcher shop it just don't make sense.
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