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mattskii89

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Posts posted by mattskii89

  1. 22 minutes ago, luk AJ said:

    As with everything, success is reserved for the very best. Meaning; good management, good food, determined, original etc..looking at the profile of the OP, he has proven in the past he can get things done. The problem is you have to rely heavily on a good cook. Once the restaurant becomes successful, the extra salary or even profit sharing will be a demand. I have seen this before.
    The idea of a franchise as CharlieH suggested is a safer bet.
    While 20y ago expensive western restaurants were mainly visited by expats, today the majority of the customers are Thai. There is a clear shift so why not consider?
    I am afraid though that you might underestimate the workload.
    Good luck!


    Sent from my iPhone using Thaivisa Connect

    Well hopefully the cooking would get down to more of a science and multiple people could be proficiently trained. Nothing is made to order in an establishment like I’m talking about, it’s much akin to fast food, I doubt profit sharing would be in order, I don’t plan on paying bear minimum wages out the door ether.

    And I am not trying to become a franchise owner, buying myself a second or third job doesn’t sound super appealing for the long term, I can put some time into it now for a couple years at most. if it doesn’t make enough money to justify opening another one and hiring upper management staff it’s not worth my time, I have other things to do.   

     

    Kellerphuket, I imagine the failure rate is high because people try for one of places with made to order food. Taking a fast food esq equation that’s worked state side extremely well and adapting it to thialand has to be easier then making your own one off, at least I would hope 

     

    Riclag, I’m from the states, it’s an extremely developed food scene with a far far higher buy in, I have no want or need to spend 20 grand a month on rent and then pay my employs 15 an hour out the door with more competition then I know what to do with. I see a specific deficiency in a local market, I bet exploiting would be profitable before western franchises move in. The idea has been well crafted stateside, it just an issue of how well can I copy it.

     

    bkk6060, I plan on having guac, and there is a huge dam and for all types of food in Thailand, most world cities are scattered with a ton of different types of food.

     

    And destiny1990 I am not coming here to become a millionaire 

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  2. So I’ve noticed the local Bangkok market seems to be heavily in need of more Mexican places, it’s way to damn expensive and the quality seems to vary wildly. 

     

    So ive been kicking around the idea of seeing if I can get a chain style place together as a concept for now based around the likes of chipotle qudoba or something similar. The goal would be for kind of a healthier fast food probably in the target range of 250 bhat per burrito.

     

    Anyone have experience starting a restaurant in Thailand have some pointers? Perhaps could point me in the direction of a local consulting agency?

     

    I do not have experience in the restaurant business, if I go forward this would be my first foray.

     

    My experience back state side is mostly based around Martime industries, I own and operate a commercial fishing boat and am a minority share holder in both marine jet company and fish processing company, along with other personal investments so I’m not new to the business world, but this is just a fun idea and I need a project in Thailand, I’m getting stir crazy!

     

    legally I would probably just put everything in my girlfriend of 2 years name just to keep things simple, if it turned into a real money maker I would form a business in my name but that’s probably a fair way down the road if ever ????‍♂️

     

    Thanks

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