Taking over a Pattaya Girl Bar

As with all opportunities, the best of the Bangkok sex industry as a business person was in the days before it was mainstream

Now that Thai sex is a cliched as Starbucks coffee, rents and other cost inflation makes business much more risky and you need to know what you are doing

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Originally Posted by frisson

As with all opportunities, the best of the Bangkok sex industry as a business person was in the days before it was mainstream

Now that Thai sex is a cliched as Starbucks coffee, rents and other cost inflation makes business much more risky and you need to know what you are doing

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It’s very much a “hands on” industry.

You take a break and the cashflow drops.

Like driving a Ferrari, it’s great to drive but with no driver it crashes.

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Originally Posted by keebab

Alright gents. Roast me if you want but I'm genuinely curious on the feedback and discussions here.

Pattaya Bar and Lease up for sale. 3 year option at approx $22,500 per annum. T/O around $125,000 per annum with margins somewhere around 20-30%. Existing manager and staff in place. No access to detailed financials yet but will assume they're all over the place. Plenty of things to improve around the place. Will def be getting deeper into the details with the seller shortly.

My skills, digital marketing and SEO. The socials, and business listings are a shambles so that's an easy fix. Otherwise, it has the potential to be a hand's off operation.

Thoughts? Who's done this before?

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Don’t do it they will,chop you up and spit you out. And remember the police run the joint.

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Originally Posted by Vincent888

It’s very much a “hands on” industry.

You take a break and the cashflow drops.

Like driving a Ferrari, it’s great to drive but with no driver it crashes.

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Nice analogy bro

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Originally Posted by pound4pound

Don’t do it they will,chop you up and spit you out. And remember the police run the joint.

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As I said, the best business opportunities are those that aren't well known
Success breeds red tape and rent hikes and crooked cops infiltrating every aspect of your business. Go for it but start as a minor partner imho

Look what happened to King's Cross. Ultimately it's well known success killed it

Las Vegas succeeds because the US knows how to milk the cow, but even there rents are high and you need big pockets of money to make small amounts, underworld has it's footprint, and many business people are burnt at the stake, I bet

Quote:

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Originally Posted by frisson

As I said, the best business opportunities are those that aren't well known
Success breeds red tape and rent hikes and crooked cops infiltrating every aspect of your business. Go for it but start as a minor partner imho

Look what happened to King's Cross. Ultimately it's well known success killed it

Las Vegas succeeds because the US knows how to milk the cow, but even there rents are high and you need big pockets of money to make small amounts, underworld has it's footprint, and many business people are burnt at the stake, I bet

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May I have your opinion on adult business here?