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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.
Startup costs are the first major hurdle to bar ownership. Total startup costs for a bar that rents or leases its location are estimated to be between $110,000 and $550,000, depending on size. A bar that purchases its location and pays a mortgage has an average startup cost of between $175,000 and $850,000. Already established bars for sale, on the other hand, provide a potential owner with startup costs of as little as $25,000. These include expenses on all physical assets needed to start up a bar.