I think it sounds better than it really is. A lot of people imagine themselves owning the popular nightclub with attracts the high end chicks. Unfortunately 9/10 owners have a mediocre bar / night club that isn't really a huge DHV. It's a job that will have you working awful hours as well. Who really wants to work at 2am on a Saturday?
I'd love to be the owner of the nightlife hot spot in a city but I certainly wouldn't want to be the owner of Frankies Neighborhood Bar & Grill. Option 1 will give me access to local models. Option 2 will give me access to 35 year old woman with 3 kids from 3 dads.
The problem is with 30-40k I don't really see you having the investment capital to turn it into a hot spot or high end place. Although I'm guessing that isn't your goal. 30-40k also seems rather low to me to start this type of business.
Typically the best businesses are one with high barriers to entry and / or industry that aren't sexy. Bars / Nightclubs is a sexy industry with low barrier to entry. That combination screams bad investment.
I'd love to be the owner of the nightlife hot spot in a city but I certainly wouldn't want to be the owner of Frankies Neighborhood Bar & Grill. Option 1 will give me access to local models. Option 2 will give me access to 35 year old woman with 3 kids from 3 dads.
The problem is with 30-40k I don't really see you having the investment capital to turn it into a hot spot or high end place. Although I'm guessing that isn't your goal. 30-40k also seems rather low to me to start this type of business.
Typically the best businesses are one with high barriers to entry and / or industry that aren't sexy. Bars / Nightclubs is a sexy industry with low barrier to entry. That combination screams bad investment.