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uptick in falang businesses for sale?

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I saw a listing on facebook for a pub for sale (Boar's Head, or something) on Samui for a really low price. Is this merely part and parcel of the trade, or are people dumping and cashing out?

Any thoughts?

Whatever the price I'm sure its a steal.

...............

  • Popular Post

I live a fair way away from the sleeze palaces of Chaweng, but there were and still are a lot of pubs in the villages near me.

However, they quickly exceed their 'sell buy date'. Then, low and behold, a new pub appears in the same place. Again, sometimes to disappear just as quickly.

One pub in the next village has changed hands 3 times in the last 1-2 years, and I have never seen a customer there.

The pub culture in samui has shrunk significantly in recent years. Good ones stay open - the rest struggle. A lot of visitors here in latter years are Asian or Eastern Europeans. They tend not to drink in pubs.

As to other businesses - I do not feel that people are cashing in any more than usual. Yes - many business owners would love to sell their busines for a huge profit - anyone want to buy a cleaning company?

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