53 minutes ago, MalcolmB said:

No.

 

But spent many hours in them.

I spend many hours in a plane, doesn't mean I can fly one.

They all think they will make it big when in reality they will probably lose everything.

1 hour ago, FritsSikkink said:

The person who owns the land.

Yes, that's why they insist on those long term leases, 3 years or whatever. They know most bars will fail then they try getting the money from the bar sale to cover the lease. If the place is re-rented they just pocket the money and do a new lease.

4 minutes ago, JimTripper said:

Yes, that's why they insist on those long term leases, 3 years or whatever. They know most bars will fail then they try getting the money from the bar sale to cover the lease. If the place is re-rented they just pocket the money and do a new lease.

The landowner gets key money and a couple of months' rent. There are short leases 1 + 1, 3 + 3 and long leases max 30 years. When they can't pay the monthly lease, the owner takes it back and gets key money and a couple of months' rent again. Lots of leases can't be sold without the owner's permission.

18 hours ago, phetphet said:

IMHO.

I think it takes a certain type of person to run one of these small bars and make it a success.

They need to be the social type, who enjoys people, makes friends easily, has a laugh, and enjoys a drink themselves.

 

 

'Affable' is what I always thought......