Any good bars for sale?

[Scumbag]

Anybody know of any good bars for sale?

 

Before anyone asks it is not me that is interested in buying one.

Edited August 16, 2007 by Scumbag

[Esco]

I reckon any bar is for sale is the price is right

[Mr Wiggy]

Try LK Metro there all throwing the towel in just about ?

[LaaMok]

dont do it scumbag!!

[davethailand]

How much have you got?

[thegrogmonster]

Have a look at this link

 

http://bahtsold.com/detail.php?id=23901

 

There is a beer bar for sale on Soi 4 for 15,000,000 baht. The ad says price is neg.

[BassGod]

If they were "good" why would someone sell it?

[***]

there is a lb bar for sale in walkingstreet

[Fondles]

not mine but i do know the owner,

its located at view talay apartments naklua road.

 

Restaurant /Bar in busy hotel: 2,000,000 + Baht annual turnover, 12,500 Baht rent, No key money: 500,000 Baht. 084 670 5691..

[Scumbag]

How much have you got?

Nowhere near enough for your place...

 

I think she has a place that she is interested in now.

[davethailand]

Have a look at this link

 

http://bahtsold.com/detail.php?id=23901

 

There is a beer bar for sale on Soi 4 for 15,000,000 baht. The ad says price is neg.

 

15,000,000 Is there a few too many zero's there?!

15 million would get you a well known gogo on WS. (more then one would sell for that in fact)

If they were "good" why would someone sell it?

$$$$$$$$$$$

thats why.

Nowhere near enough for your place...

 

I think she has a place that she is interested in now.

Good stuff, Too be honest i think some bars have their heads in the clouds regarding what they think they are worth.

Edited August 20, 2007 by davethailand

[whitespider - RIP]

As with any business the best thing is to look for "potential" i.e. not a bar that is maxed out already.

 

Likewise not a total non-entity location wise.

[Jake]

Good ? It's what you make of it, but I know one in Soi Yamato that would sell for 1,000,000 baht ( approx £15,000 )

 

Jake

[weescotsguy66]

Reading from previous posts this is the quickest way to lose money.

[Bush Pig]

My friend Gob has a bar in Soi 12 Nahklua.

He is asking 500,000 with 3 yr lease.

Thai customers and very popular.

PM me if you want his ph number.

He owns Cocconut motorbile hire in the same Soi.

[stringerbell]

Good stuff, Too be honest i think some bars have their heads in the clouds regarding what they think they are worth.

 

 

Arse I would say.

 

 

stringer

[Tossmeoff]

I can sell you a good bridge.

Toss

[davethailand]

Arse I would say.

stringer

What arse about then having their heads in the clouds?

Would you pay over 20 million for gogo?

[Peter B]

Anybody know of any good bars for sale?

 

Before anyone asks it is not me that is interested in buying one.

 

I am in a position to sell your friend a long term lease on the Brooklyn Bridge here in New York City.

 

Have him call me please.

[mulphy]

so what is a bar worth then ?

 

how do you calculate the price ?

 

i reckon its worth one years turn over , thats how i would judge it , and then weigh that up over the length of the lease and potential for growth.

 

or is there some other magic formula i dont know about?

 

i have a modest bar and make a healthy living . i earn a middle class uk wage in a 3rd world country.so it is a great wage for here.

 

many of the bigger bar owners here in pattaya are earning twice the average annual uk salary per month.so dont believe all the bar owners are losing money bullshit. if they were then we would have less bars instead of more and more opening every day.

Edited September 22, 2007 by mulphy

[mulphy]

so come on then guys , how do you calculate a bars worth.

 

i know how much i value the rockhouse at , because i have all the facts and figures , but i could only guess at any other bars worth.

 

but the vast majority of you severely underestimate the cost of the bars.

Edited September 22, 2007 by mulphy

[spicymartin]

Aren't they all for sale? Isn't everything for sale? Ace Cafe's up for grabs at the right price....... but what price? Ah, there's the rub!

[davethailand]

so what is a bar worth then ?

 

how do you calculate the price ?

 

i reckon its worth one years turn over , thats how i would judge it , and then weigh that up over the length of the lease and potential for growth.

 

or is there some other magic formula i dont know about?

 

i have a modest bar and make a healthy living . i earn a middle class uk wage in a 3rd world country.so it is a great wage for here.

 

many of the bigger bar owners here in pattaya are earning twice the average annual uk salary per month.so dont believe all the bar owners are losing money bullshit. if they were then we would have less bars instead of more and more opening every day.

If someone offered us am amount based on that i'd sell my shares pretty quickly.

[whitespider - RIP]

On the other hand some are being virtually given away.

 

You can now get a "beer bar" for zero key money, zero up front payment and under 10,000 baht a month.

 

I wonder why??

 

I think both sides of the arguement are true. "Good" bars are making good money but poorly managed ones, especially in poor locations are losing it hand over fist.

[vboy]

On the other hand some are being virtually given away.

 

You can now get a "beer bar" for zero key money, zero up front payment and under 10,000 baht a month.

 

I wonder why??

 

I think both sides of the arguement are true. "Good" bars are making good money but poorly managed ones, especially in poor locations are losing it hand over fist.

 

 

Sounds right to me.

 

Murphy - what's a middle-class wage in UK?