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pavels_k
10-03-2005, 06:30 AM
Hello everyone,

I rent a facility in Old Riga (Latvia) which is located in an old building with one Hostel (backpackers accommodation) and a night club (striptease).
I was thinking to open up a small café in this very fruitful location and made a quick decision to sign up a rent contract ( I even have a really nice discount for first six months).

After I spoke with a construction expert I found out that its very costly to build a Café since ventilation is poor, toilet is too far and its impossible to construct a good kitchen.

Now I have a dilemma: I have a very nice facility in the heart of Old Riga with a very nice rent deal from the owner but I have no idea what I can settle up and open so that it could be profitable.

Here I am giving the details:

Location: Old Riga
Loc.(cont’ed): Old Building with a hostel and night club
Facility: 36sq m.

Potential target markets: 1. Backpackers, young students, budget tourists ( age 19-30)
2. Night club residents ( upper income males, age 30-55)

I will appreciate any suggestions and recommendations on what I can open up in this facility with minimal expenses.

Young entrepreneur – Pav K.