1. Pre-Opening Expenses (wages, licencing, professional fees etc) - estimate £250k
2. Fit Out (3 bars, restuarant, flooring, ceilings, heating system etc) - estimate £850k
3. Accoustics (TV Studio, Tv's, projectors, sound systems, lighting etc) - estimate £100K
4. IT (networking, internet etc) - estimate £150k
5. Card Room (tables, chips, etc) - estimate £150k
Total current estimate = £1.5m (needs to be negotiated down and is well over my original costing, but is in line with similar ventures of this scale).
On the upside we have had enquires from various parties regarding holding tournamants at the club, a company in London asking about using the TV room, and many many applications for membership. There is a definate buzz about the place opening and 99% of people are being supportive, even the Shrew seems to have cheered up recently. Nowab is enthusiatic as ever and Pete is pleased that he is getting more involved with the team. Nightfly seems to be recovering well although we're locked in an argument over freezout V rebuys. The professional poker player "Club Poker Host" is really fired up aswell (I should be able to announce the name later on this week, although I'd be surprised if most of you have not guessed his identity after a recent announcement). Most of the "project team" recruitment is now done, and I do hope that I can establish a mutually beneficial way forward between DTD & Blondepoker over the coming months. Blondepoker have been very good to me allowing me to PR my club for free on their site.
A common question that I am asked is "why are you so sure you will get the gaming licence, how can you commit to all of this without one?". Well, I have to get one, cause I'm financially committed, but I am taking a calcuated risk to avoid slowing the process down. Of course, it will be a huge kick in the teeth if we get turned down, but I do have a plan B just in case.
Stilll can't decided on a logo for DTD though, I've been through hundreds of examples a a few grand on designers, but nothing grabs me yet. I want something that looks good on a web site, signage and clothing. Maybe I shoudn't be so fussy at my age, I remember when I first did sf groups logo, I changed it 6 times in the first year.
Thanks for all the PM's offering help, I'm just trying to teach myselff Microsoft Project (Rod!).
