Bar Startup Cost Comparison

Sandy Springs, GA vs New York, NY

Sandy Springs, GA

$93,000 - $386,000

COL Index: 108.3

VS

New York, NY

$133,000 - $560,000

COL Index: 187.2

Detailed Cost Comparison

Expense Sandy Springs, GA New York, NY Difference
Business Registration & Liquor License
$2,400 - $15,000 $5,300 - $17,100 -22%
Commercial Lease (First + Last + Security)
$14,500 - $84,500 $31,300 - $182,600 -54%
Bar Equipment & Fixtures
$15,000 - $60,000 $15,000 - $60,000 Same
Initial Liquor & Beverage Inventory
$8,000 - $25,000 $8,000 - $25,000 Same
Interior Build-Out & Renovation
$27,500 - $110,000 $36,300 - $145,000 -24%
Sound System & Security
$5,000 - $25,000 $5,000 - $25,000 Same
Business Insurance (Annual)
$4,000 - $12,000 $4,000 - $12,000 Same
Working Capital (3 Months)
$16,200 - $54,200 $28,100 - $93,600 -42%
Total Estimated Cost $93,000 - $386,000 $133,000 - $560,000 -31%

Local Market Factors

Factor Sandy Springs New York
Cost of Living Index 108.3 187.2
Commercial Rent ($/sqft/yr) $22 - $52 $40 - $120
Labor Rate Index 1.1 1.45
Sales Tax 8.9% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $100 $200

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