Phuket Thailand - I Take it some bars can make decent money

GrandSlam · #1 23-07-2007, 06:24

Im sure you dont want to discuss the finances here nor will I ask for it, but ive always seen comments here of people saying if you start a bar youll go broke in a year etc

I guess MTB is a good example to show that running a bar can work out?

I know there are other factors but im sure its encouraging for those considering it

sishow · #2 23-07-2007, 06:36

Quote:

Originally Posted by GrandSlam

Im sure you dont want to discuss the finances here nor will I ask for it, but ive always seen comments here of people saying if you start a bar youll go broke in a year etc

I guess MTB is a good example to show that running a bar can work out?

I know there are other factors but im sure its encouraging for those considering it

There are other posts and threads on here telling you how and in what reasons that you can earn money from a bar. But unless YOU run it right it is a very difficult job! Just search for them or get lucky!

Now where was my bar manager interview!

GrandSlam · #3 23-07-2007, 06:52

Ah now I see you were referring to me on my introductions thread, apologies

I wasnt really asking how its done just commenting on how it seems that MTB has been very much a big success

Nicke · #4 23-07-2007, 07:08

Most people survive during the length of their contract, e.g. 3 years. The problem is to save money to cover for the keymoney they paid upfront, look like a lot of people fail and have to go back home whe the contract finish. And with keymoney going up all the time doesnt help either,

easyrider_au · #5 23-07-2007, 07:12

Quote:

Originally Posted by Nicke

Most people survive during the length of their contract, e.g. 3 years. The problem is to save money to cover for the keymoney they paid upfront, look like a lot of people fail and have to go back home whe the contract finish.

Nicke, many would have to give their liver a rest too.

K2 · #6 23-07-2007, 07:20

Running a bar(s) is primarily a lifestyle choice - if you enjoy the lifestyle and are not totally dependent upon the bar for your income then just maybe with some hard work it will turn out ok.

Nicke · #7 23-07-2007, 07:21

Thats true, health is another reason for giving up. One of my friends started his bar about same time as me, due to doctors recommendation he had to step down, he take 3 days off every week now.

Quote:

Originally Posted by easyrider_au

Nicke, many would have to give their liver a rest too.

zarf · #8 24-07-2007, 03:22

i know a bar owner who has had to move his family into a room adjoining the bar and he goes home to work in an airport as a baggage handler in the low season!

bassass · #9 24-07-2007, 04:45

Is the main $ made from the bar fines,or is the alcohol.Women and sex go better with a nice cold beer.

TanMan · #10 24-07-2007, 05:45

Quote:

Originally Posted by bassass

Is the main $ made from the bar fines,or is the alcohol.Women and sex go better with a nice cold beer.

I would say it is simple math. It depends on how much you drink really. The BF and what you would have drank had you stayed in the bar or she stayed there without you are a wash (in the LT or at least that is how it is supposed to be).