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However, a larger bar that contains glamorous features can be relatively more expensive. Although the price can vary for each situation, the average cost of a basement bar with tile floor, a marble countertop and a high-end sink can range in price from about $6,000 to $12,000.
According to the experts we interviewed, the startup cost for this kind of bar ranges widely, depending on the size and concept, but mostly on location. You can buy an existing neighborhood bar in a small town for $20,000, or you can spend a million dollars building a brand-new one in a big city. Not coincidentally, the amount of revenue these businesses produce varies greatly, depending on your bar's location and capacity.