how would one know if the demand for a cigar shop was enough to support it without opening it. just wondering if maybe in the future 5-10 years i decide to try and open one. just an inquiry. thanks for the imput.
Cigar Shop
- Thread starter RigilKent
- Start date
I'm sure if you are within distance of some good towns with large populations and you prices are fair and you do some good word of mouth advertising anything is possible. Everything is a risk you never know if it's gonna work sometimes until you take that first step.
Volusianator
BoM Nov '07 & Jan '09
I think your question applies to most any business, especially non mainstream ones.
jmatkins
BoM January 08
I agree.
You may want to think of a private club instead of just a tobacco shop. As the smoke Nazis get legislation passed all over the country people are looking for a place to smoke; especially in the colder parts of the country.
Roscoe
The Metropolitan Society
http://www.metrocigar.com
Roscoe
The Metropolitan Society
http://www.metrocigar.com
As stated above, the cigar nazis are always something to think about. A cigar shop with a private club is a great idea, but just as any business, there are many issues that come up. BUsiness is a risky business, just like the stock market. But taking chances is also what makes money.
Do some good research using many tools, RTDA, society input, etc. Base your decision on the fact and use your intuition. As Smoking bans become more and more common place, plus the potential for the SCHIF legisilation to change the cost of all tobacco products with a new President, risk becomes a higher factor.
Just my 2 cents. I have been contemplating the same idea of a private club though.
Do some good research using many tools, RTDA, society input, etc. Base your decision on the fact and use your intuition. As Smoking bans become more and more common place, plus the potential for the SCHIF legisilation to change the cost of all tobacco products with a new President, risk becomes a higher factor.
Just my 2 cents. I have been contemplating the same idea of a private club though.
We have been open as a private, members only, club since June of 06. We sell no tobacco but, rather, look to the cigar shops as a source of members.
We also do not sell adult beverages, it's a bring your own. We have 4200 sq ft with several rooms including a humidified locker room and a banquet room where we hold monthly catered dinners with either a cigar or liquor rep in attendance. We also run other events throughout the year.
We have over 150 members, are reasonably priced, and have never had a negative month financially.
Roscoe
The Metropolitan Society
http://www.metrocigar.com
We also do not sell adult beverages, it's a bring your own. We have 4200 sq ft with several rooms including a humidified locker room and a banquet room where we hold monthly catered dinners with either a cigar or liquor rep in attendance. We also run other events throughout the year.
We have over 150 members, are reasonably priced, and have never had a negative month financially.
Roscoe
The Metropolitan Society
http://www.metrocigar.com
