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I love wine bars! There is even a profitable wine bar in the small village on Cape Cod the place my summer season home is. How did it turn into successful? The homeowners found a location close to the center of the village but at a low lease. They started with a really limited food menu but ultimately expanded it to develop into a full-service restaurant. In addition they supply live music on most nights. Beware that many purchasers expect actually exceptional wines at a wine bar.
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I see two routes to success on this enterprise: 1) Focus on artists with effectively- established followings that you are comfy that you could sell or 2) Take on much less nicely-identified artists on a consignment basis, meaning you do not really buy the portray from the artist till the day you promote it. This can be a finicky enterprise-folks’s tastes can change and a gallery that’s profitable one yr can discover itself struggling enough. So, preserve your overhead manageable and look ahead to changing trends.
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