Buying A Small Guesthouse

[mrandre]

Hi, I want to buy a bar in thailand.. wondering where are the tourists going these days, where to get the best offers (website) and the big fall pits...

[Penkoprod]

Here we go again !!!!!!!!!!!!

5...........4............3...........2..........................................

.........

Penkoprod

[crewcut]

Your idea will be recieved with alot of cynicism by regular members but here goes...

Come to Thailand and find a resort or city yourself. Put the rent in your name and if doing so on a small scale all the licences and other stuff in a Thai's name. If your investing alot then you may want to re-think (everything)!!!

To run a succesful bar in Thailand you will need these ingredients:

1) Find an excellent location, location, location.

2) Have experience of running a bar or be a fast learner.

3) Trustworthy Thai staff.

4) A USP (unique selling point); be different.

5) Good food may come into it.

6) Don't spend a fortune on key money or a shop/bar fit.

7) Discipline, watch you don't drink away any profits!!

8) If done on a small scale and you are the USP, then you'll need some decent conversation.

9) Don't expect the business to provide anything but day to day living costs.

10) Be in for the long haul, most businesses/bars take at least 2 years to build up a following.

11) Oh, you'll be needing some customers too, thats the hard bit with so much competition most new bars fail.

Why not think of a different idea, like importing rice?

[blizzard]

cynicism, i wonder why.

he dont even know where the tourists go..........oh so funny.

there is a shortage of short time rooms in nana area, many times customers have to wait for their room. 3 or 4 deep sometimes.