torturedsole Posted June 26, 2020 Share Posted June 26, 2020 6 minutes ago, SidJames said: It's a buyer's market & will be for a considerable amount of time Spot on. But what are you buying in this climate? I can only imagine it would be like visiting the supermarket to purchase a bag of pain. You can find pain in both the fresh and freezer sections. Take the bag of pain home and open it up, cook it and enjoy your pain. 2 Link to comment Share on other sites More sharing options...
SidJames Posted June 26, 2020 Share Posted June 26, 2020 1 hour ago, torturedsole said: Spot on. But what are you buying in this climate? I can only imagine it would be like visiting the supermarket to purchase a bag of pain. You can find pain in both the fresh and freezer sections. Take the bag of pain home and open it up, cook it and enjoy your pain. :) Some people like a bit of SM but also some retirees just want a project, there's always a market but good markets need that balance of quality customer & quality vendor with a decent product. The market is now skewed because of present conditions so very hard to value. 1 1 Link to comment Share on other sites More sharing options...
jacko45k Posted June 27, 2020 Share Posted June 27, 2020 (edited) 10 hours ago, Leaver said: A business may cease to operate out of a particular building, but that may not mean a business ceases to operate. They will not only be looking for a cheaper rent, but cheaper deposit and less (if any) key money. I think those initial needs for a new location are a deterance. Edited June 27, 2020 by jacko45k Link to comment Share on other sites More sharing options...
kingdong Posted June 27, 2020 Share Posted June 27, 2020 11 minutes ago, jacko45k said: They will not only be looking for a cheaper rent, but cheaper deposit and less (if any) key money. I think those initial needs for a new location are a deterance. looks like the landlords are going to price themselves out the market,happening in the uk with pub landlords expecting full rent for pubs that can,t sell beer.it seems a lot of people think this will be over in a couple of months,take a look at whats happening in the usa. 1 Link to comment Share on other sites More sharing options...
TaaSaparot Posted June 27, 2020 Share Posted June 27, 2020 12 hours ago, Leaver said: The facts are unknown at this stage. It's currently speculation, by all posters, except for a few reports of official permanent closures. That said, it it doesn't look good for a high percentage of bars and restaurants to remain open here. All will be revealed in the near future. So you keep saying. In the meantime, its best to stick to facts. Link to comment Share on other sites More sharing options...
Leaver Posted June 27, 2020 Author Share Posted June 27, 2020 10 hours ago, jacko45k said: They will not only be looking for a cheaper rent, but cheaper deposit and less (if any) key money. I think those initial needs for a new location are a deterance. Even with a good deal, it's still a big decision to make, because there are moving and fit out costs. Eg. signage. There's a risk of throwing money at a new premises when there may be no returns for 18 months, or longer. 1 Link to comment Share on other sites More sharing options...
Popular Post Leaver Posted June 27, 2020 Author Popular Post Share Posted June 27, 2020 5 hours ago, TaaSaparot said: So you keep saying. In the meantime, its best to stick to facts. Nothing wrong with discussing the tourism and hospitality industry here. I started this thread way before the virus. Businesses were under the threat of closing then, with many actually closing, and the virus has now made this thread more relevant, particularly for repeat tourists, because when they get back here, many of their favorite places will either be temporarily closed, permanently closed, or moved to a new location. 5 Link to comment Share on other sites More sharing options...
TaaSaparot Posted June 29, 2020 Share Posted June 29, 2020 The longstanding Atlantic Bar on Second Road are getting ready to re-open. 2 Link to comment Share on other sites More sharing options...
Leaver Posted June 29, 2020 Author Share Posted June 29, 2020 Looks like some heavy losses on this venture. https://www.bahtsold.com/view/well-known-popular-restaurant-business-close-to-lk-metro-for-sale-399101 Link to comment Share on other sites More sharing options...
TaaSaparot Posted June 29, 2020 Share Posted June 29, 2020 1 hour ago, Leaver said: Looks like some heavy losses on this venture. https://www.bahtsold.com/view/well-known-popular-restaurant-business-close-to-lk-metro-for-sale-399101 Considering what the owner has posted, that is a surprise. His next door neighbours will be happy though. Link to comment Share on other sites More sharing options...
redwood1 Posted June 29, 2020 Share Posted June 29, 2020 5 hours ago, Leaver said: Looks like some heavy losses on this venture. https://www.bahtsold.com/view/well-known-popular-restaurant-business-close-to-lk-metro-for-sale-399101 Electric: 28,000 Baht per month.........Ouch Link to comment Share on other sites More sharing options...
kingdong Posted June 29, 2020 Share Posted June 29, 2020 4 hours ago, redwood1 said: Electric: 28,000 Baht per month.........Ouch thats shocking. Link to comment Share on other sites More sharing options...
scubascuba3 Posted June 29, 2020 Share Posted June 29, 2020 "well known popular restaurant" is an exaggeration, no one has ever mentioned it and unlikely to have been popular as it opened during Covid 1 Link to comment Share on other sites More sharing options...
rott Posted July 2, 2020 Share Posted July 2, 2020 On 6/27/2020 at 3:14 AM, SidJames said: If I was in the game over here then I would see what the rents are like on empty places & then be asking my landlord to match these or even better them if I'd been a long term & reliable tenant. It's a buyer's market & will be for a considerable amount of time Thai landlords seem to prefer to have an empty property rather than lower the rent. The current situation may just change all that. Link to comment Share on other sites More sharing options...
HashBrownHarry Posted July 2, 2020 Share Posted July 2, 2020 On 6/29/2020 at 1:04 PM, redwood1 said: Electric: 28,000 Baht per month.........Ouch I don't believe that figure can be correct. Link to comment Share on other sites More sharing options...
Leaver Posted July 3, 2020 Author Share Posted July 3, 2020 On 6/30/2020 at 4:51 AM, scubascuba3 said: "well known popular restaurant" is an exaggeration, no one has ever mentioned it and unlikely to have been popular as it opened during Covid Perhaps he should have said, "selling due to ill health." ???? Link to comment Share on other sites More sharing options...
scubascuba3 Posted July 3, 2020 Share Posted July 3, 2020 Some good news, Tantra agogo is opening, others will follow after the weekend most likely Link to comment Share on other sites More sharing options...
Leaver Posted July 3, 2020 Author Share Posted July 3, 2020 21 hours ago, HashBrownHarry said: I don't believe that figure can be correct. Large fridge and freezer in the kitchen. Large drink fridge/s in the restaurant. These are on 27/7. Running in a hot climate. Possible electric cooking, and water heater. Air conditioning would also be expensive to run during opening hours. Lighting not so expensive, but also on during opening hours. Opening hours 2pm to 11pm. Open an hour early for prep, and close an hour later for clean up. That's 11 hours a day, but fridges and freezers running constantly. You don't think it's possible? Link to comment Share on other sites More sharing options...
kingdong Posted July 3, 2020 Share Posted July 3, 2020 12 minutes ago, Leaver said: Perhaps he should have said, "selling due to ill health." ???? food poisoning? Link to comment Share on other sites More sharing options...
Leaver Posted July 3, 2020 Author Share Posted July 3, 2020 Can't see this one opening anytime soon. https://www.bahtsold.com/view/agogo-double-building-and-business-for-sale-lk-metro-pattaya-399099 Link to comment Share on other sites More sharing options...
TaaSaparot Posted July 3, 2020 Share Posted July 3, 2020 What was Mods & Rockers Bar on Soi 7 is now Black Angels Bar and opened on the 1st. Link to comment Share on other sites More sharing options...
Leaver Posted July 3, 2020 Author Share Posted July 3, 2020 35 minutes ago, TaaSaparot said: What was Mods & Rockers Bar on Soi 7 is now Black Angels Bar and opened on the 1st. Motorcycle Group? Link to comment Share on other sites More sharing options...
redwood1 Posted July 3, 2020 Share Posted July 3, 2020 Is Hooters Pattaya finished?.......No facebook updates....Strange Hooters Bangkok open... https://www.facebook.com/hooterspattaya/ Link to comment Share on other sites More sharing options...
Leaver Posted July 3, 2020 Author Share Posted July 3, 2020 10 minutes ago, redwood1 said: Is Hooters Pattaya finished?.......No facebook updates....Strange Hooters Bangkok open... https://www.facebook.com/hooterspattaya/ Like a computer, there is sleep, hibernate, and shut down. We will soon see which businesses end up doing what. Link to comment Share on other sites More sharing options...
Popular Post redwood1 Posted July 3, 2020 Popular Post Share Posted July 3, 2020 (edited) Well Hooters Pattaya was roasted by the expat community in Pattaya from the first day they opened and for years afterwards.......But Hooters just ignored all the zillions of negative expat posts and tried to stay focused on the tourist who were not familiar with their high prices and their plus plus pricing........And 200 baht Chang beers..... Now to be left with only expats as customers is like the nightmare from hell come true for Pattaya Hooters...... The movie can be titled........Revenge Of The Cheap Charlies...... lol Edited July 3, 2020 by redwood1 5 2 5 Link to comment Share on other sites More sharing options...
Leaver Posted July 3, 2020 Author Share Posted July 3, 2020 6 minutes ago, redwood1 said: Now to be left with only expats as customers is like the nightmare from hell come true for Pattaya Hooters...... Not just Hooters. 1 Link to comment Share on other sites More sharing options...
moontang Posted July 3, 2020 Share Posted July 3, 2020 The one at Soi Nana barely had a pulse, last night. I actually expected a more conciliatory attitude on Sukhumvit. but it is more of the same mercenary slow death, without winners. I did a 59 thb small tiger on Soi 7, and they sure do make the 711 girls look like Rhodes Scholars. Link to comment Share on other sites More sharing options...
TaaSaparot Posted July 3, 2020 Share Posted July 3, 2020 1 hour ago, Leaver said: Motorcycle Group? A Beer Bar. Link to comment Share on other sites More sharing options...
Leaver Posted July 3, 2020 Author Share Posted July 3, 2020 1 minute ago, TaaSaparot said: A Beer Bar. Owned by a motorcycle group? Link to comment Share on other sites More sharing options...
TaaSaparot Posted July 3, 2020 Share Posted July 3, 2020 2 minutes ago, Leaver said: Owned by a motorcycle group? What makes you think that? Link to comment Share on other sites More sharing options...
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