Episode Summary
Episode Six: How do you fund a pub?
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.
Listen
Credits
The PAX Hospitality Podcast is produced by PAX and Posterboy Media. Support for this podcast comes from Industry Kitchens. For more information on The Pinnacle, visit thepinnacle.melbourne