Butterfly Rock Bar

Post by **Sydney Jed** » Fri Sep 25, 2009 1:28 pm

How do you become a millionaire by owning a bar in Thailand?Easy,start off as a multi millionaire!

Post by **Don** » Sun Sep 27, 2009 2:28 am

Yup.
How do you make a million in the restaurant biz here...???
Spend 3 million.
Would rather blow it in Hua Hin than Carmel....675,000 there...

Post by **halex** » Sat Oct 24, 2009 6:31 pm

I heared, that Victor passed away on cancer, about 3 weeks ago.

Post by **loverboy44** » Sun Oct 25, 2009 5:13 am

RIP Victor. My thoughts are with his family.
What about George?
I thought he was the GM of this place, entiteled by Peter Dunne?

Post by **Name Taken** » Sun Oct 25, 2009 1:54 pm

MURF wrote:Sweetarts
Ive been doing this game for 10 years here 16 hour days and all that.For the last year I have been answering the question to people who want to buy a bar with don't.
I have seen people come here with 60 grand lucky to get out with 10 after 6 months and that was in the good times.There is so many bars for sale now and they are for sale for mainly one reason-failure.
But if you really want a bar now is the time to buy so you get a highish season.
The only people not losing here are the landlords with every new owner they get higher rents and more keymoney.

I'm sorry but i have to ask. What kind of person has 60 grand! just laying around to spend on whatever?
The only people that i can think of that might have 60 grand just laying around are medical doctors and lawyers, but i can't imagine why a medical doctor or a lawyer would want to buy a beer bar and become a pimp. Big Drug Dealers would probably have 60 grand just laying around though.

Post by **Name Taken** » Sun Oct 25, 2009 2:02 pm

dtaai-maai wrote:Phew.

Be grateful, I nearly hit the 'quote' button by mistake...

You might have caused the forum software to crash.

LOL

Post by **bushman** » Mon Oct 26, 2009 4:12 am

I read the whole 5 pages and was hoping to find out DID HE BUY THE BAR????

BM

Super Joe · Post by **Super Joe** » Mon Oct 26, 2009 10:01 am

Name Taken wrote:
MURF wrote:I have seen people come here with 60 grand lucky to get out with 10 after 6 months and that was in the good times.There is so many bars for sale now and they are for sale for mainly one reason-failure.
I'm sorry but i have to ask. What kind of person has 60 grand just laying around to spend on whatever?

I'd have to ask what sort of person would pack in their career, uproot and emigrate the other side of the world with the plan of starting a business without that level of dough behind them??

Example: 1.2M Key money, 300k fit-out & stock, 540k 3 years rent, 800k vehicle, 100k 3 years accountant/visa/WP = 55 grand.

Some make it work so the about costs are covered, some unfortunately don't and have to sell it off cheap or worse hand the keys in.

SJ

PET · Post by **PET** » Mon Oct 26, 2009 6:17 pm

Absolutely SJ - get real Name Taken !!

Post by **Name Taken** » Tue Oct 27, 2009 2:49 pm

Super Joe wrote:
Name Taken wrote:
MURF wrote:I have seen people come here with 60 grand lucky to get out with 10 after 6 months and that was in the good times.There is so many bars for sale now and they are for sale for mainly one reason-failure.
I'm sorry but i have to ask. What kind of person has 60 grand just laying around to spend on whatever?
I'd have to ask what sort of person would pack in their career, uproot and emigrate the other side of the world with the plan of starting a business without that level of dough behind them??

Example: 1.2M Key money, 300k fit-out & stock, 540k 3 years rent, 800k vehicle, 100k 3 years accountant/visa/WP = 55 grand.

Some make it work so the about costs are covered, some unfortunately don't and have to sell it off cheap or worse hand the keys in.

SJ

Yeah, I agree with what you're saying SJ.

Post by **Name Taken** » Tue Oct 27, 2009 2:51 pm

PET wrote:Absolutely SJ - get real Name Taken !!

WTF?

Post by **Name Taken** » Tue Oct 27, 2009 3:17 pm

PET wrote:Absolutely SJ - get real Name Taken !!

What did i do to provoke you into telling me to 'get real'?

PET · Post by **PET** » Tue Oct 27, 2009 4:08 pm

[quote="Name Taken"

I'm sorry but i have to ask. What kind of person has 60 grand! just laying around to spend on whatever?
The only people that i can think of that might have 60 grand just laying around are medical doctors and lawyers, but i can't imagine why a medical doctor or a lawyer would want to buy a beer bar and become a pimp. Big Drug Dealers would probably have 60 grand just laying around though.[/quote]

I think you must have missed a ZERO if you think £60K is so much and the sole domain of lawyers and such like.

Post by **dtyolmn** » Thu Jan 07, 2010 10:41 pm

I'm going to have to check this out next week. Heard alot of good things about this place.

Post by **lomuamart** » Thu Jan 07, 2010 10:54 pm

dtyolmn wrote:I'm going to have to check this out next week. Heard alot of good things about this place.

Maybe you might need 100k these days - inflation and all that.
And I suppose that's GBP, not USD or THB