Hi chapps, I really hope some of you can help me out with any sort of info. I was due in LOS on holiday a couple of days ago but due to serious personal problems I had to cancel at the last minute.
Anyway, the result of this is that I'm really thinking of making a life changing decision and upping and leaving the UK to try my hand in Thailand.
I've always been quite self proficient and was saving some funds to start up or buy an existing cafe type business in the UK. I've raised about 40k.
My question is, what avenues would this amount of cash open up for me in the Patong area? I'm going to look into a small bar/cafe/restaurant.
I'm not naive and will thoroughly research this, but it would really help if anybody who is living and owning a business in Patong could give me some real life experiences.
What are the prices of decent cafe/bars etc to buy/lease and any hidden extras costs? Any legal problems you encountered? Ownership rights spring to mind. I know that there is no fortune to be made but is there scope to make a living out of it? What's the current market like for buying/leasing?
I know these questions have probably been covered before, but it always helps when answered on a personal level. Any help/opinions gratefully appreciated.
