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06-19-2014, 08:57 PM | #2 |
Have My Own Room
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Re: Starting a brick and mortar
I think your biggest issue will be local trouble. Smoking bans and all that.,
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06-20-2014, 12:51 AM | #3 |
That's a Corgi
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Re: Starting a brick and mortar
Unless you have a sweetheart deal on rent, I would not open a tobacco B&M. All the odds are stacked against you unfortunately. Opening a cigar lounge, provided you can serve alcohol is another story and would need further consideration.
If you opened a business that bread & butter was something else and includes cigars and least you have a core business to sustain itself.
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Port Wine & Claret | British Cars | Welsh Corgi's |
06-20-2014, 06:58 AM | #4 | |
Just in from the Storm
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Re: Starting a brick and mortar
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06-20-2014, 09:09 AM | #5 |
Dear Lord, Thank You.
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Re: Starting a brick and mortar
I think your idea has merit if there's the demographic to support it.
I'd think broader, with lots of stuff to shop. Then the "lounge" as an afterthought. Moses hit it on the head, I suppose I didn't need to parrot him. What I wanted to say is that I personally think B&M smoking isn't going to be around much longer. It sucks, but I think it's inevitable that the anti-smoking legislators will push them to extinction if they try to hang on as they are today. Whether someone can even open a new smoking area legally is another question you'd need to answer. I'm sure it completely depends on your state.
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06-20-2014, 10:59 AM | #6 |
Adjusting to the Life
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Re: Starting a brick and mortar
It sounds like a dream come true, owning and operating a B&M. But, sadly, I bet it would prove to be a nightmare with bans as they are and only getting worse. I'm afraid the B&M is going to go the way of the dodo.
As has already been said more than once, you'd obviously have to open where you've got enough suit-wearing, top-shelf liquor-drinking, cigar-smoking, 'professional and semi-professional guys' to frequent your business. It would be foolish, for example, to open that kind of a place in Brooklyn. If, on the other hand, you opened a B&M that catered to jeans-wearing, mid-shelf liquor-drinking, non-professional guys, and you carried, say, beard grooming supplies, and had a tattooist working alongside your walk-in humidor, then you should definitely consider Brooklyn. And, I'd like to submit an application to work there, please.
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06-20-2014, 11:15 AM | #7 | |
Benn/Seguin best friends
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Re: Starting a brick and mortar
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Good luck. Where there is a will, there is a way.
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I'm a Dallas Stars fan. So, yes, this is a confusing time for me. |
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06-20-2014, 11:53 AM | #8 |
Guest
Posts: n/a
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Re: Starting a brick and mortar
IMHO, it all depends on the location. Here in Florida, there are a lot of B&M shops, but few are good ones. By good, I don't mean big. I mean good with service and offerings. Where I live, there are a lot of cigar enthusiasts that are really looking for good places to go. Interesting thing is that there may be one shop packed to standing room only and another one just down the street that is nearly empty. All boils down to service and the connection with clients. Very similar to pubs that way. I know a guy who has a primary job that bought a poorly performing small shop. After renovations to update and clean up, he's doing well and has been in the black from his second month. His thing is superb customer service. I say go for it and good luck! Live the dream while you can. BTW, restrictions are not that bad here at all. Probably because FL is a service based state.
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06-20-2014, 01:12 PM | #10 |
Feeling at Home
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Re: Starting a brick and mortar
I think you need to consider how much you need to make, are you comfortable already? Do you need this income to make ends meet? Are you semi retired and looking for a hobby business? Where would this be located? What are the margins on the merchandise you wish to sell? Is your target demographic strong in your area, and do they have disposable income? What are you going to offer to beat CBid or Amazon?
Do some hard marketing research, and avoid cherry picking your results.
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No function well beer without. |
06-20-2014, 01:53 PM | #11 |
Wandering aimlessly
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Re: Starting a brick and mortar
I am fortunate enough to be within 5 miles of one of the best cigar bars in the entire valley (Phoenix) and I would be absolutely shocked if the owner isn't making money hand over fist. They sell a ridiculous amount of tobacco and liquor and the staff are amazing. They do a really good job of making you feel welcome and important and I've seen them double in size in like 3 years since they opened. They have an amazing selection of whiskey and they always rotate new craft beers on tap. Not only are they drawing cigar connoisseurs, but also whiskey and beer connoisseurs. It's a great way to get people interested in other tastes.
The moral of the story? If you can serve drinks and your place has an awesome vibe in a good location, then you'll do well so long as you have the demand from the proper demographic. |
06-20-2014, 06:43 PM | #12 |
Just in from the Storm
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Re: Starting a brick and mortar
Both of us are in retail rv dealership. I am administration and he in finance. My ideal is to make men Men again! Dudes now days grow out nasty scraggly beards dress in t shirts and cargo shorts and have added a new color to the wheel called Real tree . The feminization of men has also been pushed to a point. Some of us remember when the dad on TV was the wise all knowing thought of reason and now on the shows they are bumbling fools that the kids are smarter than the parents.
My dream would be a place where guys can get back to feeling like a man and hopefully dress and act more like a figurehead than a dunderhead! : sorry rant over |
06-20-2014, 07:30 PM | #13 | |
Møøse bites can be nasty
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Re: Starting a brick and mortar
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My neighbor came by my house this morning at 2AM, pounding on the door. Good thing I was still up playing the drums. |
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06-22-2014, 12:28 PM | #14 |
That's a Corgi
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Re: Starting a brick and mortar
You have to figure out who you core clientele will be. Is it business professionals & executives, college students, blue collar... Each have their own demands and narrow focus.
The "something for everyone" approach may not be ideal. Doing fewer things better may hit the nail on the head. Finding out what your market is, is not easy task. You may be too close to too see the forest for the trees. Even the location itself could determine your niche.
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Port Wine & Claret | British Cars | Welsh Corgi's |
06-22-2014, 11:41 PM | #15 | |
Wandering aimlessly
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Re: Starting a brick and mortar
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As far as the type of demographic, money doesn't discriminate. If you want to make money, sell cigars to anyone you can legally sell to in the highest volume possible. That's just my opinion. Even still, Fox seems to understand the need to place the highest priority to the people who keep returning over those who disrupt the groovy atmosphere. I think that's a good approach. The cigar enthusiasts are the bread and butter. The bar goers and casual smokers are the icing on the cake. Last edited by ApexAZ; 06-22-2014 at 11:47 PM. |
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06-22-2014, 11:44 PM | #16 |
Wandering aimlessly
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Re: Starting a brick and mortar
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06-23-2014, 09:57 AM | #17 | |
Adjusting to the Life
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Re: Starting a brick and mortar
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06-23-2014, 10:31 AM | #18 |
Bilge Rat
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Re: Starting a brick and mortar
Risk is the moral justification for profit. If the rewards are worth the risk, then go for it. But, like everyone else has basically said: do your homework and study your demographic. Personally, I like your idea, I'd practically live there.
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"Man's mind is his basic tool of survival. Life is given to him, survival is not." -John Galt |
06-23-2014, 10:52 AM | #19 | |
Life is for living
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Re: Starting a brick and mortar
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A 1911 in the hand is faster than 911 on the phone |
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