02-07-2008, 15:42
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Registered User [13218]
Senior Member
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Join Date: Apr 2006
Location: Phuket
Age: 41
Posts: 922
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Quote:
Originally Posted by Flhai
150K US can get you a share in a performing business in Phuket however it comes down to the partners. I know of a few successful joint venture bars with total investment of 5 to 15 million baht and they are in prime position. These have been from groups of friends buying in and that is why the partnerships have worked and workload is shared. All are location location location. With the reseeding tourist trade you must buy in a prime spot or have a very special niche to make money.
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