Is the closure of your favorite bar or restaurant imminent?

[Leaver]

51 minutes ago, treetops said:

Now closed again, although rumours of it re-opening in a few weeks already.

Closed in peak season.  Mmmm............................

[Leaver]

47 minutes ago, treetops said:

Now also mentioned in that thread the remaining section has also closed.

Didn't see your post before I replied to another member.

 

So, to confirm, closed? 

[treetops]

4 minutes ago, Leaver said:

Didn't see your post before I replied to another member.

 

So, to confirm, closed? 

So I've been told and I believe the original source was their own facebook page.

[Leaver]

9 minutes ago, treetops said:

So I've been told and I believe the original source was their own facebook page.

So, another proud Thai landlord has saved face, but lost money.  ????

[topt]

3 hours ago, Leaver said:

So, another proud Thai landlord has saved face, but lost money.  ????

I think you will find that it did not have a huge amount to do with a Thai landlord in this instance - the beer garden (shipping container) part.

[Leaver]

23 minutes ago, topt said:

I think you will find that it did not have a huge amount to do with a Thai landlord in this instance - the beer garden (shipping container) part.

Can only comment on what has been posted, either on TV, or their Facebook page, albeit, with a grain of salt, of course.

[talahtnut]

I'm not happy when a Go Go bar goes.

[jacko45k]

17 hours ago, treetops said:

Now closed again, although rumours of it re-opening in a few weeks already.

Quite a saga.....

[fhickson]

On 1/3/2020 at 3:30 PM, Leaver said:

So, another proud Thai landlord has saved face, but lost money.  ????

either that or another bar owner not paying their rent ????

[TaaSaparot]

On 1/3/2020 at 7:39 PM, talahtnut said:

I'm not happy when a Go Go bar goes.

Only got 73 of them at the moment!!

[Leaver]

18 hours ago, fhickson said:

either that or another bar owner not paying their rent ????

I think there will be a lot more cases of rent increases, and rent defaults, in the near future.

 

Edited January 5, 2020 by Leaver

[bkk6060]

Have not seen this posted.

Cruised Lengkee this morning and saw this at Retox site.

Have my opinion of the place will not be shedding a tear..

Edited January 6, 2020 by bkk6060

[Leaver]

11 minutes ago, bkk6060 said:

Have not seen this posted.

Cruised Lengkee this morning and saw this at Retox site.

Have my opinion of the place will not be shedding a tear..

I looked at the photo before reading you post.  I first thought it was that place on Soi 13, between Sandy Spring Hotel and AA Hotel, but then realized it's not.

That got me thinking, what was the name of that place on Soi 13?  I have eaten there before.

 

Off topic, because we are talking about bars and restaurants, but the larger massage place at the top of Soi 13 has closed down as well. 

[chrisandsu]

34 minutes ago, bkk6060 said:

Have not seen this posted.

Cruised Lengkee this morning and saw this at Retox site.

Have my opinion of the place will not be shedding a tear..

You sure that’s not Lebanon?  

[TaaSaparot]

This is crazy ...

 

[Leaver]

2 hours ago, TaaSaparot said:

This is crazy ...

 

 

Just goes to show, you can't even give a bar away here now. 

 

Let's see.

 

10,000,000 baht turnover a year / 365 days of the year = 27.400 baht turnover a day. (not allowing for Buddha Days and Election Days)

 

Given the staff, and customers, usually show up between 6pm opening and closing time is 2am, that's an 8 hour shift, and the busiest opening time.  Granted, they may be open during the day, and may pay tea money to stay open later.

 

27,400 baht turnover a day / 8 hours opening time a day = 3,424 baht turn over for every hour open between 6pm and 2am, 7 days a week, 4 weeks a month, 12 months of the year, and yes, including low season.

 

Let's use beer as the base product of the business, and say they charge the average of 80 baht a beer.

 

3,425 turnover per hour / 80 baht per beer = 43 beers must be sold an hour, for ever hour, of ever day, for every week, of every month, of the year.

 

43 beers an hour would require around 15 to 20 customers, constantly in the bar, between 6pm and 2pm, for every hour, of every day, for every week, of every money, for the year.

 

Sure, there's lady drinks, maybe the odd bar fine, but the above gives an indication of what you would be looking at, trying to reach 10,000,000 baht turnover a year.

 

My guess is, it's running at a loss, and the owner just wants out the the monthly bills, and who could blame him. 

 

If his expenses figures are true, they are 196,000 baht a month.  That 6,535 baht per day in expenses.

 

6,535 / 40 baht a beer (this is minus around 40 baht for the cost to the wholesaler for the beer itself)  = 164 beers must be sold a day just to cover expenses, before 1 baht of profit has been made.  

 

164 beers a day / 8 hour open a day = 21 beers an hour, for every hour, of every day, of every week, of every month, for the whole year, just to pay the expenses.  

 

Yes, PJ, it is crazy.     

 

 

Edited January 6, 2020 by Leaver

[bkk6060]

3 hours ago, TaaSaparot said:

This is crazy ...

 

Personally, I would not take over a business here if they paid me.  Have never met a business owner here who does not complain and is constantly stressed.  A lot of it has to do with the workers: "I wonder who is going to show up to work today".

[DrTuner]

3 hours ago, TaaSaparot said:

This is crazy ...

 

Some Chinese restaurant will pop up there. The demographic change is nearing completion with the last refuge of westeners being on the dark side, epicenter seems to be aroud the Talman-Khao Talo intersection. Remains to be seen if the surrounding villages will be taken over by the Chinese, too. 

[geisha]

My favorite bar was in the Agate in the complex of Jomtien walking street , as it’s called . The Fantasy bar, famous for the fabulous collection of old cognacs, whiskys and every alcohol under the sun. They did very good cocktails, had a decent crowd, lots of foreign couples , as this wasn’t a bar girl hangout. As a lady, I felt quite at ease there, chatting to the waitresses, many having been there for years. Air con inside, terrace out. Yes, a strange place to have a bar like this considering the neighboring ones maybe. The owner was getting on, fromNorway I think. Yes, I’ll miss them. I wonder what happened for them to close, anyone in the know? 

[Leaver]

3 hours ago, DrTuner said:

Some Chinese restaurant will pop up there. The demographic change is nearing completion with the last refuge of westeners being on the dark side, epicenter seems to be aroud the Talman-Khao Talo intersection. Remains to be seen if the surrounding villages will be taken over by the Chinese, too. 

There's already been a couple of notable closures on that Soi.  It used to be a popular Soi. 

 

Sad to see places that have been around for years close their doors. 

[DrTuner]

14 minutes ago, Leaver said:

There's already been a couple of notable closures on that Soi.  It used to be a popular Soi. 

 

Sad to see places that have been around for years close their doors. 

Sign of the times. I'd expect Sailor Bar on Soi 8 to be the next victim. 7&8 are doomed.

Edited January 6, 2020 by DrTuner

[Leaver]

7 minutes ago, DrTuner said:

7&8 are doomed.

It appears so, but why? 

 

There has to be something more to it than just a sign of the times.  Is it possible that rent on that Soi has been overvalued for some time, and now it's coming to head?

[TaaSaparot]

4 hours ago, DrTuner said:

Some Chinese restaurant will pop up there. The demographic change is nearing completion with the last refuge of westeners being on the dark side, epicenter seems to be aroud the Talman-Khao Talo intersection. Remains to be seen if the surrounding villages will be taken over by the Chinese, too. 

What nonsense!

[TaaSaparot]

43 minutes ago, DrTuner said:

Sign of the times. I'd expect Sailor Bar on Soi 8 to be the next victim. 7&8 are doomed.

For the last couple of decades, people have gone on about the death of Soi 7 & 8.

 

Sure 8 is quieter than in the past, but there is much bars on Soi 7 as there ever has been.

 

And the bars at the Beach Road end of both Sois, are some of the busiest bars in town.

 

I predict the Doom Merchants will still be going on about this in another 20 years.

Edited January 6, 2020 by TaaSaparot

[Leaver]

17 minutes ago, TaaSaparot said:

For the last couple of decades, people have gone on about the death of Soi 7 & 8.

 

Sure 8 is quieter than in the past, but there is much bars on Soi 7 as there ever has been.

 

And the bars at the Beach Road end of both Sois, are some of the busiest bars in town.

 

I predict the Doom Merchants will still be going on about this in another 20 years.

Did you miss the part about the bar being given away FOR FREE, and still no takers?

[DrTuner]

56 minutes ago, TaaSaparot said:

For the last couple of decades, people have gone on about the death of Soi 7 & 8.

Couple of decades ago the Chinese and Indian invasions did not exist. The game has changed.

[TaaSaparot]

35 minutes ago, DrTuner said:

Couple of decades ago the Chinese and Indian invasions did not exist. The game has changed.

I am talking about Soi 7 & 8 and what I see, and have seen.

 

Why you are going on about invasions and the like, I have no idea.

[TaaSaparot]

1 hour ago, Leaver said:

Did you miss the part about the bar being given away FOR FREE, and still no takers?

No, I posted it, if you did not notice.

 

But one bar does not maketh a Soi.

[jacko45k]

14 hours ago, TaaSaparot said:

I predict the Doom Merchants will still be going on about this in another 20 years

I would have gone a long with 3 or 4 years, but not twenty. Things are changing too much and a bit faster than that.

[TaaSaparot]

1 hour ago, jacko45k said:

I would have gone a long with 3 or 4 years, but not twenty. Things are changing too much and a bit faster than that.

Change? .... around Soi 7 & 8 ?

 

Sure, as with all other areas, a few closings and a few openings.

 

But change?

 

Edited January 7, 2020 by TaaSaparot