How do you fund a pub?
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How do you fund a pub?
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In this financially focused episode, Michael and Leon pull back the curtain on the actual costs of acquiring the Pinnacle. Moving through their budget line-by-line, they explore the logic behind a $285,000 launch, covering everything from the $120,000 business purchase to the critical $55,000 financial buffer required for post-opening stability. Michael details his scrappy fit-out strategy, prioritising high-impact touchpoints like bar tops and glassware while avoiding unnecessary structural costs. The duo also challenges traditional hospitality secrecy, discussing why they are making their budget and forecast templates public.
Join us on this journey from idea to opening the doors to The Pinnacle.
Check out Michael's Pinnacle deck here.
For more information on The Pinnacle, visit thepinnacle.melbourne
For more information on PAX, pax.melbourne
Follow @pax.melbourne on social media.
Podcast produced by Posterboy Media.
PAX acknowledges the Wurundjeri Woi-wurrung people as the traditional custodians of the land on which we operate. We pay our respects to elders past, present and emerging and to all First Nations People.
