Opening a bar in Pattaya

[can't wait 2 get back 0]

Hello everybody I have just joined and have come back from a wonderful time in Pattaya.

I was wanting to know to more about opening a bar there, I was going to do it in Spain but I think I am better suited to SEA life style. I was speaking to several bar owners there and they were telling me contradicting things. About how much the bars cost. I am allowed to own company under Thai law? Oh the back handers to the police different prices. What is the truth. Oh I have about £40,000 what would that get me

 

Thank You

 

Can't wait 2 get back

[ashboy 22]

I Oh I have about £40,000 what would that get me

 

Thank You

 

Can't wait 2 get back

About 3 STs a week for the next 30 years.

 

At least you'll get something for your money.

[davethailand 91]

Hello everybody I have just joined and have come back from a wonderful time in Pattaya.

I was wanting to know to more about opening a bar there, I was going to do it in Spain but I think I am better suited to SEA life style. I was speaking to several bar owners there and they were telling me contradicting things. About how much the bars cost. I am allowed to own company under Thai law? Oh the back handers to the police different prices. What is the truth. Oh I have about £40,000 what would that get me

 

Thank You

 

Can't wait 2 get back

About how much the bars cost.

Depends on size, location, type etc etc

I am allowed to own company under Thai law?

Yes you can

back handers to the police different prices

Depends on your legality and type of bar. (what your bar does etc) not all bars pay.

Oh I have about £40,000 what would that get me

Not an awful lot in the way of an established bar in a main area.

[SunnyValentine 173]

Well, 40000 PST is definitely enough for the investment. But I suggest you first live here in Pattaya for at least half a Year, and only then decide if you want to do it.

Talk to some barowners, try to also get some independent information from other sources, and then make up your mind.

 

 

Sunny

[can't wait 2 get back 0]

Thankyou for all your replys I see I will need to do more research.

 

Ashboy:- You forgot to take into account the Viagra I would need

[lv2play 0]

Oh I have about £40,000 what would that get me

 

A stylish bankruptcy ??????

 

Know what you wish

[DelArco 0]

A stylish bankruptcy ??????

 

Know what you wish    

There are, there have been and there will be succesfull bar owners in thailand.

There are, there have been and there will be unsuccefull bar owners in thailand.

I understand this. And everybody should understand this.

 

What I do not understand, is the overwhelming resistance and bad idea frontier.

Someone always succeeses. Someone always loses for someone's elses' profit.

Hard? Life is!

 

Anyway, it will be you - the targer group, who're using the services of the services provided for you. If no farang business succeesses, tell me what kind of thailand will it be?

 

It does not need a masters degree to figure out the index of demand and supply to make some counting up, where ever you are. Surely it needs also more than one can count...

 

Don't know too much about space cakeing trade, but, what the hell. I don't wanna.

 

Didn't want to offend anyone. Only make a point.

 

Free your minds...or just use them, please.

[lv2play 0]

QUOTE (lv2play @ Nov 4 2005, 08:00 PM)

 

A stylish bankruptcy ??????

 

Know what you wish     

 

 

There are, there have been and there will be succesfull bar owners in thailand.

There are, there have been and there will be unsuccefull bar owners in thailand.

I understand this. And everybody should understand this.

 

What I do not understand, is the overwhelming resistance and bad idea frontier.

Someone always succeeses. Someone always loses for someone's elses' profit.

Hard? Life is!

 

Anyway, it will be you - the targer group, who're using the services of the services provided for you. If no farang business succeesses, tell me what kind of thailand will it be?

 

It does not need a masters degree to figure out the index of demand and supply to make some counting up, where ever you are. Surely it needs also more than one can count...

 

Don't know too much about space cakeing trade, but, what the hell. I don't wanna.

 

Didn't want to offend anyone. Only make a point.

 

Free your minds...or just use them, please.

 

I would tell the same if he wanted te open a grocerystore beside 5 supermarkets,

Read Hammer and Tony,s posts on what,s it like to own a bar in pattaya.

There are more then a few thousand bars already,what,s so special?

Listen to all the barowners who are not on this forum.

Does ""can't wait 2 get back"" has any experience of owning a bar anyway?

What does""can't wait 2 get back""know about pattaya,it looks like he,s ""farmfresh""out of his post,

It looks like every farang who wants to stay""long time"" wants to buy a bar.

There must be more ways to make money in Pattaya,a good idea is something ""everybody,s dying for"",nobody is looking for just another bar.

If i can give ""can't wait 2 get back"" some advice,then visit the wellknown barownwers ,make a plan,consider it over and over again and then,if everybody believe in it, go for it.

You don,t have much chances in life to piss away 40.000 pounds,better do it good.

Edited November 5, 2005 by lv2play

[Soi7 1]

Too bad there's not a site that could give a guy wanting to open a bar the avg success rate for new bars opening up here in Pattaya might change some minds

[DelArco 0]

I would tell the same if he wanted te open a grocerystore beside 5 supermarkets,

Read Hammer and Tony,s posts on what,s it like to own a bar in pattaya.

 

Why? Does it make anybody's chances better?

 

There are more then a few thousand bars already,what,s so special?

 

My point excactly. Some rise, some fall. All the time.

 

Listen to all the barowners who are not on this forum.

 

Been there. Done that.

 

Does ""can't wait 2 get back"" has any experience of owning a bar anyway?

 

Maybe he'll tell us.

 

What does""can't wait 2 get back""know about pattaya,it looks like he,s ""farmfresh""out of his post,

 

Maybe. So were few other people when starting business at LOS.

 

It looks like every farang who wants to stay""long time"" wants to buy a bar.

 

True. Or doing anything else to be able to stay at LOS.

 

There must be more ways to make money in Pattaya,a good idea is something ""everybody,s dying for"",nobody is looking for just another bar.

 

If you know the secret, why ain't you there yet?

 

If i can give ""can't wait 2 get back"" some advice,then visit the wellknown barownwers ,make a plan,consider it over and over again and then,if everybody believe in it, go for it.

You don,t have much chances in life to piss away 40.000 pounds,better do it good.

 

I know many ways to piss away 40,000£, outside LOS. No problem.

 

p.s. it would be easier to read, 's than ,s. etc. don't / don,t

 

p.s.s. I am drunk as a duck. Sorry for giving so offesive view.

[lv2play 0]

p.s.s. I am drunk as a duck. Sorry for giving so offesive view.

 

 

me too Del arco,it,s friday night,ready for the weekend,lol

but one thing i learned tonight,i trust myself more with 40.00 pounds then you,drunk or not !!!

[cybers1b 8]

when we decided to open an internet cafe in pathum thani, everybodyb told us that there are so many and it would never work. it worked fine and even though it does not make one rich (it was never intended to be the main source of income) it certainly could support one.

 

i would say that anybody can suceed, no matter what business. one could for sure open and run a succesful bar in pattaya even nowadays. it is nonsense that opening a bar must fail because there are so many already. the reason why a business fails is more that the person who opened the business did not make enough research or did not have the skills necessary (no, being drunk 29 out of 30 days does not qualify one to run a bar).

 

anyway. my opinion on this...

 

cheers

cyber

[can't wait 2 get back 0]

Thank you again for some of your answers

 

I do know how basicly a bar runs but in Spain. I have just come back from 1 month in Pattaya and think this is the place for me.

But as some of you have pointed out that I do not know much about the Pattaya bar scene and what would 1 more make. I was going to make in a British bar with English and Scottish beers as I never found any when I was there, Scottish anyway.

But I could go and stay there and blow the money and do what in my spare time and I don't think that my money would last me out I am only 37yrs old then come home to what

 

Ah well I still have time to think.

 

Cheers

[Soi7 1]

I do know how basicly a bar runs but in Spain. I have just come back from 1 month in Pattaya and think this is the place for me

 

Every guy that comes here think it is the place for them well most I guess It is a hard habit to kick for sure

[wacmedia 277]

I  would say that anybody can suceed, no matter what business. one could for sure open and run a succesful bar in pattaya even nowadays

 

Hi

 

I agree, a chap I knew opened a restaurant in a dodgy street. It was very successful and now more restaurants have come to the street because he is always full. It hasn't hurt his business as the nature of the street has changed and it is now a street of restaurants and is a destination for people who want a nice meal.

[galt67 2]

I have ONE simple question for ANY prospective bar owner:

 

What will make your bar UNIQUE???

 

Having a pool table, cheap beer, etc., do NOT differentiate it.

 

If you don't have a 'UNIQUE SELLING PROPOSITION', the long-term odds are against you.

[Soi7 1]

What will make your bar UNIQUE???

 

Having a pool table, cheap beer, etc., do NOT differentiate it.

 

That is very true there are so many bars in Pattaya you need a hook something to get them to come to your bar. something that will make them remember your bar and want to return

[Bachelor 0]

That is very true there are so many bars in Pattaya you need a hook something to get them to come to your bar. something that will make them remember your bar and want to return

Hiring Emma might work!

[cybers1b 8]

Hiring Emma might work!

might be to expensive now

 

cheers

cyber

[jtiger 9]

If you don't have a 'UNIQUE SELLING PROPOSITION', the long-term odds are against you.

When I think about the beer bars I patronize I can't think of anything unique about their physical structure. What brings me to actually sit down at a bar is spotting a cute or spunky BG who works there that I can chat with while I'm drinking.

 

So for people like me the secret to a successful bar is this: hire the best girls and train them to draw in the customers (which doesn't mean dragging them in but in more subtle ways).

[JohnnyK 28]

IMO, it only looks easy.

[Owen` 2]

Gentlemen,

 

I know nothing of running a bar.

 

I know something of money.

 

There is only one rule of investing money that is always true. High return means high risk.

 

If you want your 40,000 pounds you provide you 4,000 pounds of profit/income per year, that is a 10% return and that's a medium-to-slightly-high level risk situation in the world as it exists today.

 

It Does Not Matter What The Vehicle Is That Provides You That 4,000 Pounds. They are all just a way to earn 10%.

 

You need to look at yourself and ask what you need per year to live. If you're going to take the 4,000 pounds and maybe pay yourself a salary for running your bar, chances are that salary is going to -- by definition -- reduce the 4000 pounds of "profit".

 

Rephrasing . . . if you need more than 4,000 pounds per year to live (and everyone does most places), then your 40,000 isn't going to get you there without risking it, and "risk" means "probably losing it". If you are planning to use the 40,000 to buy a bar and pay yourself a salary for running it, then you're just buying a job.

 

I suspect you can get a job cheaper than that.

[cowboy 0]

A friend has been trying to buy a bar for some time almost a year. So far he has not come across any deal he feels is a good investment oportunity. The biggest problem is the landlords. He was ready to buy one when the landlord insisted that he sign a new lease even though the bar had just signed a three year lease. Landlord wanted to increase the rent by 50% and wanted 300,000 baht key money. The net effect would have been that he would have been working for the landlord with little chance of making a decent profit.

 

from talking to farangs that have run bars dealing with the landlords can be a big problem.

[Owen` 2]

A friend has been trying to buy a bar for some time almost a year. So far he has not come across any deal he feels is a good investment oportunity. The biggest problem is the landlords. He was ready to buy one when the landlord insisted that he sign a new lease even though the bar had just signed a three year lease. Landlord wanted to increase the rent by 50% and wanted 300,000 baht key money. The net effect would have been that he would have been working for the landlord with little chance of making a decent profit.

 

from talking to farangs that have run bars dealing with the landlords can be a big problem.

 

Well, hell, this is no different than anywhere else. This is the quiet little business strategy of many non-chain restaurants in the US.

 

You buy land, you put a restaurant on it, you sell food at the restaurant, you make a little bit of money selling the food. That little bit of money doesn't get you rich. The increase in value of the dirt under the restaurant is what gets you rich.

 

If you didn't own the dirt under the restaurant, you're not gonna get rich. Some shopping center may trot thru the door and "buy your restaurant" for big big profit, but when you have taken their money and left, they bulldoze the place and replace it with a parking lot for their shopping center.

 

The real estate places around Pattaya seem to think the place is growing. One would think it makes sense to own the dirt under the bar.

[Soi7 1]

The real estate places around Pattaya seem to think the place is growing. One would think it makes sense to own the dirt under the bar.

 

Sam Walton the founder of Wal-Mart would never open a store if he could not buy the land you can't get kicked off if you own it was his motto