Industry Report - Starting a New Business Chapter
Barriers to entry in the Pubs, Bars and Nightclubs industry are moderate, and this has remained steady over the past five years. Small players characterise the industry, with most establishments employing fewer than 20 staff members. Industry concentration is low, allowing new entrants to easily enter the industry. While low concentration and high fragmentation allow the entry of small operators, the industry’s regulatory burden is substantial. High competition can also be a significant deterrent to new entrants.Acquiring a liquor licence is a key barrier to entry. Following gradual deregulation of liquor licences throughout Australia from the late 1980s onwards, it has become easier for smaller bar venues to obtain a liquor licence. Vic...purchase to read more.
Additional Insights for the
Pubs, Bars and Nightclubs
Industry
IBISWorld has determined the most important Key Success Factors for the Pubs, Bars and Nightclubs are:
Proximity to key markets Membership of joint marketing/distribution operations Having a loyal customer base
IBISWorld analysts also discuss how external factors such as Real household discretionary income and Per capita alcohol consumption in the Pubs, Bars and Nightclubs industry impact industry performance..
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