With some few exceptions, in my experience, bars are awful investments. Did a tech company which sold tech solutions to this space and got to see the books and behind the scenes at many dozen bars (and restaurants / coffee shops / frozen yogurt stores / etc).
Even before pandemic few of them netted any real significant profit after all expenses, and those that did managed to pull it off largely because if highly, highly engaged owners constantly on-site day in and out.
There is a huge number of people who think they can invest $20K (or $200K) in one of these businesses and hire a GM and sit back and take profits. I can think of maybe one example of that I encountered in 5 years.
Is it technically possible? Sure. Is it even remotely likely? No way. Especially if you didn't cut your teeth "In The Industry" and know all the things you need to know about shrinkage, vendor fraud, the politics of liquor licenses, et al. Nightmare fuel.
Owner of a 3 (performance, all options) built in July 2018. I was also nervous about build quality. My personal experience has been pretty great, however. Only a minor issue which the mobile repair truck came out and fixed in my company's parking lot. I didn't even have to go to a service center.
Style is all subjective however there is a real minimalist chic to the 3 interior which I have come to love. In my wife's Merc (similar price to what I paid in 2018) things just feel "cluttered." To each it's own, though.
Zero regrets and would buy again!
Mostly these aren't really behavioral interview questions.
Behavioral interview questions typically sound something like "tell me about a time when you..."
There's lots of value in a real, well crafted behavioral interview question, but most of these examples are just run-of-the-mill low-value interview questions.
Even before pandemic few of them netted any real significant profit after all expenses, and those that did managed to pull it off largely because if highly, highly engaged owners constantly on-site day in and out.
There is a huge number of people who think they can invest $20K (or $200K) in one of these businesses and hire a GM and sit back and take profits. I can think of maybe one example of that I encountered in 5 years.
Is it technically possible? Sure. Is it even remotely likely? No way. Especially if you didn't cut your teeth "In The Industry" and know all the things you need to know about shrinkage, vendor fraud, the politics of liquor licenses, et al. Nightmare fuel.