Reply to what are your thoughts on this buisnes opportunity?

some of my close friends from highschool and myself have had quite an interesting conversation the other day, one owns a clothing line, another just bought a evening club that used to have a really bad name in my town, we changed the name and are doing renovations on it to make it more of a club than the crappy pub it used to be, and myself as a dj, what we were / planning on doing is, ill dj there ( at first just for drinks just because they need money for reno's but down the road id charge 100$ a evening or something. ) , the owner has the venue, and my other friend would sponsor the event with his clothing line. ( id only be djing there on saturdays and some fridays , mostly the packed evening s, theres 2 stages, one on a patio outside (its really cool and usually packed ) and a stage inside which needs lots of work )

what are your opinions on this idea?