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[QUOTE="detroitjunkie, post: 2852377, member: 61462"]
well as far as the start up costs - non-licensing and what not, just the cost of supplies - can be found online.  See how much it will cost for your tables, chips, and cards - remember you need all good quality.  Then you need to hire dealers as well, good ones, plus a floor person or two.  Find out what the standard is for paying them for a year.  Then figure out how much rent will be where ever you think you will run it for a year.  You will also need computers, phones, and any other business device.  Advertising also comes into play, how will you promote it - figure on some costs here too.   Add this all up and it gives you an operating cost for a year.  This is half the battle.

How many tables are you going to run?  What games?  How much rake on cash games and tournaments?  Do you have a player base already (very important)?  All of this will help you when an investor asks how much are you going to make.

As far as licensing and laws and such, thats best for a local lawyer, which you will most likely want to get also, so figure on paying a lawyer for a year in your operations cost.

Good luck.  If you need any help in the actual managing of the room when its open hit me up and I can give you some advice.
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