It might be lucrative depending on the location and what you offer. Though most people prefer night bars, but setting up a bar at commercial areas where both adults and students can come in for a drink or something chilled to relax from the hot sun for a little break might work out.
I don't think so, because most peoples are busy during day time so they don't visit any bar during day time, that is why most bars open at night, plus most peoples don't like to drink day time.
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