Jumbo1968 Posted March 7 Share Posted March 7 3 minutes ago, scubascuba3 said: It's Thai logic, what ever that is The fella who refurbished 4 bars in Soi 7 is English not Thai not unless a Thai is fronting him ? 1 Link to comment Share on other sites More sharing options...
Jumbo1968 Posted March 7 Share Posted March 7 2 hours ago, Olmate said: There are some good earning expat bars around, whatever season. I agree but the new Myth Night place and Treetown bars are not frequented by expats who live here, they only go where alcohol is reasonably priced. 1 Link to comment Share on other sites More sharing options...
scubascuba3 Posted March 7 Share Posted March 7 7 minutes ago, Jumbo1968 said: The fella who refurbished 4 bars in Soi 7 is English not Thai not unless a Thai is fronting him ? No idea about soi 7 bars but , bars and agogos that survive for ages and are never busy smack of money laundering. If you were making money for this per bar, makes sense to keep opening new ones Link to comment Share on other sites More sharing options...
Danderman123 Posted March 7 Author Share Posted March 7 (edited) 5 hours ago, scubascuba3 said: No idea about soi 7 bars but , bars and agogos that survive for ages and are never busy smack of money laundering. If you were making money for this per bar, makes sense to keep opening new ones There used to be talk of the many Indian restaurants being fronts for money laundering, but they closed during Covid. What some consider money losing ventures may actually generate profits. Except for weed shops, definitely not making a profit. Edited March 7 by Danderman123 Link to comment Share on other sites More sharing options...
jacko45k Posted March 7 Share Posted March 7 13 hours ago, Jumbo1968 said: I can’t see the logic of opening a bar complex at this time of year, ok they might have a good few days for Songkran but that’s only the Expat tourists who will be spending in the bars. The new Las Vegas Beer Bar Complex (next to Areca Lodge, on Soi Diana) is a few days away from opening. It is covered and will have AC (needed at this time of year)....huge signs there. 1 Link to comment Share on other sites More sharing options...
Jumbo1968 Posted March 8 Share Posted March 8 (edited) 3 hours ago, jacko45k said: The new Las Vegas Beer Bar Complex (next to Areca Lodge, on Soi Diana) is a few days away from opening. It is covered and will have AC (needed at this time of year)....huge signs there. I can’t imagine small bottles of beer for much less than 100 baht if air conditioned then, the expats who live here won’t be flocking to it irrespective of the decor either. Any bar business if they want to make a go of it has to price beers accordingly to attract expats if they want all year trade. One on the corner of Soi 19 Soi Bukhao happy hour 50 baht until 6pm, it was empty the other day so even cheap beer doesn’t attract the punters. Edited March 8 by Jumbo1968 Add 1 1 Link to comment Share on other sites More sharing options...
VBF Posted March 8 Share Posted March 8 23 hours ago, Jumbo1968 said: I agree but the new Myth Night place and Treetown bars are not frequented by expats who live here, they only go where alcohol is reasonably priced. As do some of we more clued up tourists 🤔 1 Link to comment Share on other sites More sharing options...
Jumbo1968 Posted March 8 Share Posted March 8 2 minutes ago, VBF said: As do some of we more clued up tourists 🤔 The first timers will go for the ‘bright’ lights initially and ones that watch on YouTube.Nick Dean was advertising his bars on signs on the baht buses, they appear to have been removed, I doubt it attracted any additional customers though. 1 Link to comment Share on other sites More sharing options...
Olmate Posted March 8 Share Posted March 8 Wombat/kiwi bar soi 9 in jomtiem adv on baht buses heaps and its doing very well it seems. 10 hours ago, Jumbo1968 said: The first timers will go for the ‘bright’ lights initially and ones that watch on YouTube.Nick Dean was advertising his bars on signs on the baht buses, they appear to have been removed, I doubt it attracted any additional customers though. Link to comment Share on other sites More sharing options...
saintdomingo Posted March 8 Share Posted March 8 On 3/7/2024 at 1:48 PM, scubascuba3 said: Last couple days Pattaya has emptied out, many tourists gone Thursday night I thought the place was heaving. Whether they're spending money or just mooching is a different matter. 1 Link to comment Share on other sites More sharing options...
llttf Posted March 11 Share Posted March 11 On 2/3/2024 at 9:28 AM, redwood1 said: Look at the half azz construction of tree town......The whole place could be bulldozed in one or 2 days......Except for the Beer Hub.. They are designed to be dismantled with an angle grinder in a day. Actual construction cost is very low, and most of the steel tubing can be used again. 1 Link to comment Share on other sites More sharing options...
Danderman123 Posted March 11 Author Share Posted March 11 Escape gogo in Treetown has closed. 1 1 Link to comment Share on other sites More sharing options...
BenStark Posted March 11 Share Posted March 11 20 minutes ago, Danderman123 said: Escape gogo in Treetown has closed. For sale for only 18 million and some change https://www.bahtsold.com/view/large-nightclub-and-bar-for-sale-in-treetown-pattaya-517379?fbclid=IwAR2IRvOW81_-xWOCeUgyGZ2__4aPZ_JscTGM-ZyTWN8upwkChLBVDOd3R_M 1 Link to comment Share on other sites More sharing options...
BenStark Posted March 11 Share Posted March 11 Few more for sale in soi diamond https://www.bahtsold.com/view/flex-agogo-walking-street-soi-diamond-516213 https://www.bahtsold.com/view/heaven-agogo-and-galaxy-suites-hotel-walking-street-516151 Link to comment Share on other sites More sharing options...
Danderman123 Posted March 11 Author Share Posted March 11 2 hours ago, BenStark said: For sale for only 18 million and some change https://www.bahtsold.com/view/large-nightclub-and-bar-for-sale-in-treetown-pattaya-517379?fbclid=IwAR2IRvOW81_-xWOCeUgyGZ2__4aPZ_JscTGM-ZyTWN8upwkChLBVDOd3R_M I believe that Escape simply closed, with no buyer, ie they simply ate the lease. 1 Link to comment Share on other sites More sharing options...
hereforgood Posted March 11 Share Posted March 11 On 3/8/2024 at 5:18 AM, jacko45k said: The new Las Vegas Beer Bar Complex (next to Areca Lodge, on Soi Diana) is a few days away from opening. It is covered and will have AC (needed at this time of year)....huge signs there. The partner in this venue has said 800000 BTUs in that place should be a huge electric bill. Link to comment Share on other sites More sharing options...
JimTripper Posted March 12 Share Posted March 12 (edited) On 2/3/2024 at 2:06 PM, redwood1 said: I think the Beer Hub is backed by very well off Indians with plenty of cash to invest..... I almost never see any people in there, but the beer is great. Edited March 12 by JimTripper 1 Link to comment Share on other sites More sharing options...
Jumbo1968 Posted March 12 Share Posted March 12 10 hours ago, Danderman123 said: I believe that Escape simply closed, with no buyer, ie they simply ate the lease. Wasn’t Buzzin Trevor backing that ? 1 Link to comment Share on other sites More sharing options...
Jumbo1968 Posted March 12 Share Posted March 12 2 hours ago, hereforgood said: The partner in this venue has said 800000 BTUs in that place should be a huge electric bill. Not surprised a huge shed like construction with a tin roof and open at the front, need to be rammed every night to pay the electricity bill alone. Link to comment Share on other sites More sharing options...
Danderman123 Posted March 12 Author Share Posted March 12 2 hours ago, Jumbo1968 said: Wasn’t Buzzin Trevor backing that ? I don't know the principals involved in the Treetown facility. Link to comment Share on other sites More sharing options...
Jumbo1968 Posted March 12 Share Posted March 12 1 hour ago, Danderman123 said: I don't know the principals involved in the Treetown facility. He had a bar on the ground floor, called Buzzin Bar, big plans were afoot, open air bar on the roof etc, they used to do pub crawls twice a week from there. The biggest problem like there was no footfall. I haven’t been down that way for a while, I doubt it will still be operating as he has place on Soi Pothole, Gentleman Club. Link to comment Share on other sites More sharing options...
Danderman123 Posted April 12 Author Share Posted April 12 Billabong Bar in LK Metro reportedly for sale, 39 million baht. 1 Link to comment Share on other sites More sharing options...
Jumbo1968 Posted April 12 Share Posted April 12 7 minutes ago, Danderman123 said: Billabong Bar in LK Metro reportedly for sale, 39 million baht. Take a lot of customers to warrant that price albeit it is usually busy, the last time I was in there one of the ladies approached me, quite a stunner really and said my p**** is open 24 hours a day, straight forward and to the point, I didn’t take her up on it though. 2 Link to comment Share on other sites More sharing options...
redwood1 Posted April 12 Share Posted April 12 26 minutes ago, Jumbo1968 said: Take a lot of customers to warrant that price albeit it is usually busy, the last time I was in there one of the ladies approached me, quite a stunner really and said my p**** is open 24 hours a day, straight forward and to the point, I didn’t take her up on it though. Lets say your profit was 45 baht a beer.... 39 million baht divided by 45 baht = 866,666 beers you need to sell to break even and this does not include overhead cost... 1 1 1 Link to comment Share on other sites More sharing options...
scubascuba3 Posted April 12 Share Posted April 12 7 hours ago, Danderman123 said: Billabong Bar in LK Metro reportedly for sale, 39 million baht. A few million likely the correct valuation Link to comment Share on other sites More sharing options...
Olmate Posted April 12 Share Posted April 12 7 hours ago, redwood1 said: Lets say your profit was 45 baht a beer.... 39 million baht divided by 45 baht = 866,666 beers you need to sell to break even and this does not include overhead cost... Sheez, think you need to look at some deeper aspects to the income side of the books, do try asking that dumnassed question of the selling agents!! 1 Link to comment Share on other sites More sharing options...
jacko45k Posted April 12 Share Posted April 12 (edited) 10 hours ago, Danderman123 said: Billabong Bar in LK Metro reportedly for sale, 39 million baht. The competition from nearby Las Vegas Beer Bar complex may knock the price down. Edited April 12 by jacko45k 1 Link to comment Share on other sites More sharing options...
redwood1 Posted April 13 Share Posted April 13 2 hours ago, Olmate said: Sheez, think you need to look at some deeper aspects to the income side of the books, do try asking that dumnassed question of the selling agents!! Please tell us all about it... 1 Link to comment Share on other sites More sharing options...
Pattaya57 Posted April 13 Share Posted April 13 1 hour ago, jacko45k said: The competition from nearby Las Vegas Beer Bar complex may knock the price down. Just saw this ad. Only 750k for a bar in Las Vegas 😀 https://donedeal.in.th/businesses/1043_lk-metro 1 Link to comment Share on other sites More sharing options...
Olmate Posted April 13 Share Posted April 13 2 hours ago, redwood1 said: Please tell us all about it... I could but then you might learn something for free.. Link to comment Share on other sites More sharing options...
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