Me and two close friends have around £25,000 saved between us and we are looking into the possibility of opening a bar in the future (2 years time). We look to start very small by having a lease on a retail property with rent around £20,000-£25,000 per annum. We have a concept and theme for the bar that we all share a passion for however we do not fully understand the costs of operating and running a bar. We also hope to live above the bar and have this as part of the commercial property fee. Will we be able to get a business loan being only University Graduates? Do banks see bars and business ideas such as this high risk? We would probably need a loan for the initial stock. Is £25,000 enough for the initial costs on Deposits, Decorating, Equipment, licenses and permits etc. What are the costs and profit of alcohol? Could anyone offer a rough figure and the wholesale figure of barrels and spirits and the profit made? I would really appreciate any advice and info especially from people with experience in the bar business to try and find out if this business idea is plausible. There is a hell of a lot I need to learn but am wanting to research over the next 2 years.