How to Open a Hookah Bar
Business Overview:
If you’re ready for a business idea that is cutting-edge, fun, and lucrative, you should seriously consider learning how to open a hookah bar and lounge. Believe it or not, opening a hookah bar can be very easy if you invest your time and money in a solid hookah business plan. For starters, you will need to know where you will get your startup capital and where you want your business located. Like so many other things, location is key for your hookah business. Additionally, you will want to have a good idea of what a hookah business is all about—in other words, you should be an aficionado of the practice. You will want to be knowledgeable about the varieties of hookah tobacco and have a good idea of the atmosphere you are trying to create at your bar or lounge. As you iron out the details of how to start a hookah bar, you’ll want to include what type of drinks your bar will serve and you’ll also want to know what you’re looking for in your employees. Finally, you will want to be prepared for the hard work and long hours you may need to dedicate to your business when you first open, though it’s a good bet your hookah bar will take off when your customers start talking about how great your lounge is.
A Day in the Life of a Hookah Bar Business Owner:
There will be a chance in the early stages of your business that your days will start late and your nights will be long. Beyond that, you will have to spend your days ordering from your suppliers—alcohol, tobacco, food—booking entertainment like DJs or singer/songwriters, hiring and managing employees, and ensuring your business records are in the black. Eventually, you may be able to hire a bar manager who will take care of orders and bookings, and an accountant to keep your books, but in the beginning you will want to have your hands in all the pots. During prime operating hours, your staff will take over most of the duties and you will just watch your business in action.
About Your Customers:
Customers at a hookah bar will be interested in enjoying a bar or lounge atmosphere with the added entertainment of sharing tobacco from a hookah pipe. Though not all customers will want to partake in the smoking or drinking, they will be interested in being part of the scene your business has created.
What You Need to Start:
- A great location and space for a bar/lounge
- A cool name for your business
- A business license and insurance
- An alcohol permit
- Startup capital to invest in real estate and bar materials
- Employees who fit your business criteria
- Entertainment possibilities
- Advertisement capabilities
- Financial-tracking software
The Good:
- This business can be extremely fun, especially if you enjoy the atmosphere and practices of a hookah bar.
- Your business can be very lucrative.
- You can meet lots of great people.
- You can benefit your community by being a small business owner.
The Bad:
- Nights can run late and days might be short, but you’ll still have a lot of work to maintain your business.
- Bars and lounges often have a high turnover rate; you will need to create a standout atmosphere to find success.
Resources:
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