There is a thread on reddit from the guy that bought Maggie Mays GC on Chaiyapoon - he said no tea money.

I knew a massage shop owner in BKK. She paid 400 Baht per month.

But Key money is an important consideration- this is an amount paid upfront at the beginning of the lease. It cost him $100k

What would the law of unintended consequences say about poaching? 555

If everything works "just right", over time people will want to come and work for you and you will keep them much longer than the industry average.

This is one of the sweet spots in running a business.

Generally, other approaches I recommend (strongly).

* No screwing the girls
*Owners to pay for all of their drinks, for them and their friends
*No drugs (Kamagra, Viagra, Cialis etc excepted and expected)
*Even, no bringing TG/Wife to bar
*Start with 6 months of running costs in the bank - this is good practice for any business and in any circumstances let alone the possibility of a pandemic V2.0
*Partnerships have to have a boss too.Management needs to be able to get approval for things/resolve issues by talking to one person, not a committee.
*Start with a partnership agreement that has exit clauses built in - multi-people partnerships are hard to manage.
*Values often determine the success of partnerships as well as life stages eg, if I need money but you don't, we are likely to disagree. If you want to run a military type operation and I want to run a family-like operation, we will likely disagree. Getting these things in order before starting is critical.

Let's hope that the global economy will bounce-back quickly from the corona pandemic that the borders will reopen this year that everything will be back to normal very soon. In this case then good luck with your not getting fuked by the local mafia goals in 2020/2021.

If you really buy a bar, plz create a thread here. This could easily be one of the greatest 2+2 thread of all time.

If you really buy a bar, I want in

love it

No one ever agrees with anyone ITT but all of a sudden it becomes realistic for all those people to have a bar together :P

two night clubs have actually opened in LK Metro in the past 2-3 months. It was somewhat of a soft opening and constantly empty and the real opening party got canceled due to Corona.
Rise is above Champagne agogo and 69.1 is above Office agogo (which was recently renamed as "friends"). But yeah, it's a sign that none of you have heard of them...

Also: there are quite a few nightclubs outside of walking street. but most of them are not farang oriented. either they're for an asian clientele and/or thai only. i assume most of you living there know that, but anyway, i just wanted to mention it.

3rd point: don't open a night club (even without corona problems), especially not a farang focussed one. that **** is hard. just look at how much money JP republic invests (after rebuilding the whole thing for 1.5 years) and it's still constantly on the verge of being too empty (and i'm sure they're losing money overall). And that was during high season!

Bar: sure, it's possible to get a good running bars. not easy, but much easier than opening a night club. runway is a good example. but they did a really good job at getting visitors & buzz from PA by having a super popular thread there since buying the bar and rebuilding everything. they're also good at recruiting and have a solid line-up. the reality is that most places are money-pits and closing after 1 year or less.
But it's certainly possible to find a niche and/or being really good at the job.
One niche: Only employ big titted ladies and reflect that in the bar name ("milk bar" or similar). I'm surprised it hasn't happened yet. Queen is somewhat the pendant in the gogo area, but there's no beer bar that focusses on it.

have fun, i come by for a drink if any of you ever open anything!

Problem is its gona be pretty hard to hire a fleet of attractive(and not just fat) big tit bargirls, I think most guys accept they hire a bunch of long timers who know how the scene works, and hope to get lucky that one of them has a 19yr old relative from home that wants to check out Patts. Hooters get the job done well(and kinda that niche) but ofc not traditional bar we thinking about.

Opening a nightclub in LK when 90% of the punters are pensioners, could be profitable(if you bring the FL'ers they will come) but may god have mercy on your soul.

Hahah there's a gogo next to Sapphire on walking 15 (13?) that literally has the slogan on the front wall along the lines of "lots of beautiful ladies, and a few ugly ones..."

Re JP, always amazes me how you could walk into that place before midnight and there'd be 50 people in there... every single one of them an employee :') It does get pretty sick late at night though and I had a chat with Nick and he seemed pretty optimistic

Good post!

Didn't know about the nightclubs on LK and I was there in March. Doh. I still think a well run Nightclub that caters to the right market would do well but it would be very expensive and a huge risk so not for first timers.

I agree with the Milk Bar niche because there is a natural demand. There are a lot of 40kg girls on TF, most with bolt ons and most charging 1500 ST and don't work in bars - recruitment would be really difficult unless you jointly opened a boob job clinic at the same time :-)

So many operators go for the big paying customers but I think this is a real mistake - it is why there are so many empty Agogos. Finding a niche where there are customers with money who are attracted to what you offer is the key. In a niche, you are catering to exactly their needs and that is what makes the wallet open.

Getting the Bar that closed across from Runway would be worth looking into because they are good guys that you could work with - the more well run bars in the same area the better for business for all and they understand that concept. They looked for a bar on the 6 for a long time but couldn't find anything where they could make the numbers work. Soi Honey also gets more traffic generally than Chaiyapoon.

Agree that running threads here, PA and Reddit are good organic sources of punters - if you tell your story transparently, you offer a lot of value to the reader. Include your triumphs as well as your failures, warts and all and you will engender some reciprocity.Especially if you offer some good photography 555

my niche:
condom use on premises strictly prohibited

also maggie mays guy is my new bff, only other youngish guy ive seen here in pattaya that bangs milfs and anal bb's ladyboys. hs saying in our group chat hes going to name a bar he just bought on lk the cum dungeon.

those new lk clubs never even got the chance to get going i wonder if they will even be around post corona

Befriend him while you can because he ...

because he... ?

Solly...because he...

anal bb's ladyboys.

He might not be with us Long Time 555

I thought as long as you wear a mask it's all good?

If anyone ITT isn't going to be with us long, it's coinflipper :')

I see Visas got automatically extended until July 30th, not bad for a country that hates us and wants us gone.

With booze ban, nothing open, 0 lady drinks bought, no visa costs, all meals home cooked, this will without a doubt be the cheapest month Ive ever had living in Thai.

Mentioned it about 10 days ago and seems to be going that way, Thai official report shows 425 active cases, and dropping pretty steadily(with only 15 cases reported today and avg recoveries at 100/day) With 1 month extra lockdown for 'red zones' (includes BKK/Phuket) almost a lock according to Thais ive spoken with. With queues for food handouts growing daily and risks of unrest. How long before the Thai govt starts to look foolish? Worth noting this is a country thats had a pretty consistent avg of 60 road deaths/day for decades, with close to nothing been done.

So essentially my question is, at what point do you think it would be too hasty an opening? and when would you say they are being over cautious? For the moment we will forget about borders, tourist requirements to open certain businesses, etc, and just talk about cutting curfew and reopening businesses.

Don’t worry about coinflipper, you go around driving your motorcycle is much more dangerous than bb a few pros on weekly basis

They were all ready to lift the restrictions in Patts on 1 May, now they have retreated from that position. There will be announcements in the coming days.

Most countries will be implementing a staged plan. Open parks and beaches. Then open regular businesses and schools first. Check to make sure numbers don't rise. Then hairdressers, cafes and restaurants and shopping centres. Check to make sure numbers don't rise.
Then massage, bars and nightclubs etc. Check to make sure numbers don't rise. Then international travel.

Not exactly those businesses at those exact times but it demonstrates the staging concept.

It will be interesting to see if Thailand takes a similar approach.

First thing to reopen in Switzerland is hairdressers (no kidding), before parks, schools or whatever

Yeah as aces said, my landlord told me today they're likely going to move the lockdown back to June 1st now -______-

The prime minister today says that health is the no. 1 concern and he won't give in to requests to reopen everything. But how shortsighted it could be of him to not realise that keeping everything locked down causes serious mental health issues, with a massive uptick in suicides lately. Like if you're going to keep **** locked down at least feed the cunce ffs

fk i need a haircut so bad lol

i said that there's no chance of that happening. will be no tourists anyway until 2021.

Wanna bet?

This would be great.

Suzy Wong’s has posted 3 times in the past 4 days on Instagram(they hardly ever post) so it’s risen my hopes that something may Be announced, a date or anything

Read two stories today, one where a mother hung herself cause she couldn’t afford food for her two children. And another today where a woman was caught stealing 1000bht, as she said she had ran out of money and needed to feed her child. More dark and worrying things like this to come unfortunately.

Popcorn.gif

They are 2 sad stories,both happened to mother and child.hope that similar things will not happen again.