Jump to content
BANGKOK
Sign in to follow this  
alexxx

I Want To Open A Bar In Thailand And Move To Live Downthere!

Recommended Posts

to whom it may concern,

my name is alex and i am 22 years old. i am a romanian national living in denmark. i am about to graduate as an Electronics and Computer Engineering Engineer and am planning to open a business in thailand together with 3 of my other friends. we are all between 21 and 27 and on of them is a thai national living in denmark (went to university together, so i know him for 3 years now) and the other 2 are danish. my friends and i want to open a bar in thailand with the opening dat in about 1 yr and ½ or 2 yrs. not a gogo bar but a proper bar with drinks and animators (dancing girls) at best. we have an unique thing to bring to the business but i do not feel comfortable sharing this with the public since i am not sure of your confidentiality.

the reason for which i am writing is to ask for information regarding the steps that need to be followed to open a bar in thailand. the 4 of us want to invest about 7 000 000 BHT. the location of the bar is yet to be discussed but we are considering 4 variants: bangkok, pattaya, phuket and koh samui.

the money we want to invest we will get through a bank loan. it is obvious that a lot of details have to be covered, everything from residence and working visas to practical things such as running the business on an every day basis.

i need advice on what to put my focus on, advice if it is a good idea to invest money in this line of business and advice if this business can provide 4 ppl with a modest living but over the average (according to thai standards) in thailand.

we have no experience with opening a business but are eager to learn and are dedicated to the cause. except my thai friend only one of us has been to thailand twice while i have been there for only one month. it seems we are a bunch of dreamers foolishly jumping head first. we try to avoid getting burned and that is why we need as much information as possible before investing any money in this business!

i thank you for your time and hope you can aid me in my quest for opening a business in thailand.

alexxx

Share this post


Link to post
Share on other sites

i hate to destroy your dreams Alex but you and your friends -being foreigners- are neither allowed to open a bar nor to work in one.

oops! i overlooked your thai friend. he is of course allowed to establich any business.

Edited by Dr. Naam
  • Like 1

Share this post


Link to post
Share on other sites

hmmmm I feel a trainwreck thread coming along . .. . .

and the strange need to utter the word . .. Troll ? :o

I shall watch the entertainment unfold . . . :D

Share this post


Link to post
Share on other sites

Quote: "i hate to destroy your dreams Alex but you and your friends -being foreigners- are neither allowed to open a bar nor to work in one.

oops! i overlooked your thai friend. he is of course allowed to establich any business."

hmm. that sounds rather gloomy. is it a new law that forbids us? i was under the impression that as long as 51% of the business is under thai control a farang is allowed to have ownership in it!

thank you very much for your input

Edited by alexxx

Share this post


Link to post
Share on other sites
hmmmm I feel a trainwreck thread coming along . .. . .

and the strange need to utter the word . .. Troll ? :o

I shall watch the entertainment unfold . . . :D

is it so imposible to open up a successful bar in thailand? i think we have a good extra to bring into the business to make it different from all other bars. i do not wish to commit financial suicide or anything, but simply trying to exploit the POSIBILITY of opening a bar in thailand.

thank you for your reply nonetheless

Share this post


Link to post
Share on other sites
hmmmm I feel a trainwreck thread coming along . .. . .

and the strange need to utter the word . .. Troll ? :o

I shall watch the entertainment unfold . . . :D

is it so imposible to open up a successful bar in thailand? i think we have a good extra to bring into the business to make it different from all other bars. i do not wish to commit financial suicide or anything, but simply trying to exploit the POSIBILITY of opening a bar in thailand.

thank you for your reply nonetheless

yes you can open a bar and work with a work permit ,it will have to be in pattaya as samui ,phuket and bkk will cost a lot more than 700000b devide the profit if any 4 ways and the bar will be on the market within 3 months and you probably wont be freinds anymore .....

Share this post


Link to post
Share on other sites
we have an unique thing to bring to the business but i do not feel comfortable sharing this with the public since i am not sure of your confidentiality.

Let me guess.... Ice cubes ?

Troll or not Troll, I don't care. But really, Alex, you should peruse some websites, read stuff, and read more... I mean a lot of datas, ideas, discussions are out there... Already.

And they're all leading to the very basic fact that : your idea is insane.

Sorry.

Share this post


Link to post
Share on other sites

Business in Thailand.

Bring as much money as you can, give all of it to some Thai's. Borrow some more. Give that too.

Save yourself the heartache.

Share this post


Link to post
Share on other sites
....your idea is insane.

Beat me to it. Wouldn't touch it with a bargepole!! :o

Share this post


Link to post
Share on other sites

Which bank are you going to borrow 7 million baht from?

Sounds like a really bad idea to me, why not just take a year off and come and tour around.

Share this post


Link to post
Share on other sites
we have an unique thing to bring to the business but i do not feel comfortable sharing this with the public since i am not sure of your confidentiality.

Let me guess.... Ice cubes ?

Troll or not Troll, I don't care. But really, Alex, you should peruse some websites, read stuff, and read more... I mean a lot of datas, ideas, discussions are out there... Already.

And they're all leading to the very basic fact that : your idea is insane.

Sorry.

:D no not ice cubes, although that could work as well :o ! i am in the process of doing just that! i will not put one penny in this idea unless i have a solid plan to follow! be assured that i have my doubts and that is exactly why i'm trying to get some first hand experience from people who've been there and lived it or done it if you may. my idea may be insane and then again it may not. this is exactly what i want to figure out: can it survive or not! i do appologise for bothering you with the same questions that you heared maybe 1000 times by now.

alex

Share this post


Link to post
Share on other sites

if it is impossible to make money from owning a bar does that mean that the hundreds of bars currently opened for years in Thailand are operating at a loss?

don't embarrass yourself. just because bars have a low success rate does not mean that someone can not make a fortune.

Share this post


Link to post
Share on other sites
Business in Thailand.

Bring as much money as you can, give all of it to some Thai's. Borrow some more. Give that too.

Save yourself the heartache.

the only thing that motivates me is the fact that i want to live in thailand, not any woman or anything. but i understand what you mean. as a young student if i ###### this up i shoot myself in...well actually i kill myself.

Share this post


Link to post
Share on other sites
Which bank are you going to borrow 7 million baht from?

Sounds like a really bad idea to me, why not just take a year off and come and tour around.

well we would all borrow 1,7 mil each. and we would probably do it from dk. i do not want to tour arround becasue i want to live down there. i want to enjoy life with it's ups and downs (and that i am sure i will have plenty of) in thailand.

Share this post


Link to post
Share on other sites
if it is impossible to make money from owning a bar does that mean that the hundreds of bars currently opened for years in Thailand are operating at a loss?

don't embarrass yourself. just because bars have a low success rate does not mean that someone can not make a fortune.

precisely my point!! i truly believe that if you bring something new to the table one can make it and "live happily ever after". the problem is knowing exactly what you are doing. and at this point i am clueless. please share from your knowledge and help me figure out how to get from here to thailand. :o i need to be aware of the traps and illusions of thailand. i want to do it proper if you now what i mean.

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...