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  #9451  
Old 08-03-2011, 02:16 AM
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Re: Bangkok Field Report

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Originally Posted by 138mm View Post
My latest info from him when talked to him this evening.... the 1st day took in 40k bht. I did a quick math and that could well bring in 1.2mln bht a month. Wah.... so good? So I quickly asked him. how many staff. he told me currently is his GF runs it with 1 waitress and 2 chef. with a rental of 25k bht/mth. gonna fish out more like staff salary, cost of food/day and electrical & water bill.
Either u didn't get the right info or u/your friend is big hole.... Who will let go this cafe with just 300k THB and with a taking of 40k THB per day?? Assume the location is so good with lots of ppl. Each meal selling at 200THB and 100THB for drinks. U selling about 200 plates of meals or 400 glasses of drinks per day. BTW how will a waitress manages the cafe?

Assume the overhead per day is 3/4 of your revenue. Wow per month they earning near to 300k THB. The 1 who let go of this cafe must have striked lottery or kong kong let go a monthly income of 300k THB and sell it at 300k THB
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  #9452  
Old 08-03-2011, 09:14 AM
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Re: Bangkok Field Report

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Originally Posted by 138mm View Post
Yup yup. my fren told me still have to pay rental. I think like wise too (when got take over biz and no need to pay rent one). He told me his GF took over the cafe as per existing condition. Does he need to do some minor renovation. that I didnt ask him. But I want to find out more from him since his going to visit his GF like 2-3 times a month. Gonna fish out more info.

My latest info from him when talked to him this evening.... the 1st day took in 40k bht. I did a quick math and that could well bring in 1.2mln bht a month. Wah.... so good? So I quickly asked him. how many staff. he told me currently is his GF runs it with 1 waitress and 2 chef. with a rental of 25k bht/mth. gonna fish out more like staff salary, cost of food/day and electrical & water bill.
Daily takings of 40K baht and taking over fee only 300K baht??? Quite impossible if you ask me as the ex-owner will be losing a lot of money in this transaction.
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  #9453  
Old 08-03-2011, 11:12 AM
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Re: Bangkok Field Report

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Originally Posted by teebs_darklord View Post
Daily takings of 40K baht and taking over fee only 300K baht??? Quite impossible if you ask me as the ex-owner will be losing a lot of money in this transaction.
Thats why i was puzzle!

only 4,000 Bht actually. Cant blame my fren lah. heard wrongly he said.

SGD 167 at 23.9 rate is low for me. becos my fren school canteen can take in $1500/day. School canteen only can rack in $1500 and this public cafe only SGD 167? not good. I am looking at a good cafe should rack in $500+/-/day in Bangkok area.
What say you guys?
  #9454  
Old 08-03-2011, 11:19 AM
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Re: Bangkok Field Report

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Originally Posted by Bangkok Master View Post
Is it 4k or 40k baht takings a day? Is it a cafe or a agogo bar...1.2million baht per month...

Where got small cafe with a seating of 18-20 pax can have a turn over of 40k baht = SGD$1,692 per day, your maths abit off leh...

If really got 1.2 million turnover per month dunno how many souls in the forum would had became cafe owners long time back...
Hahaha. not my math off. I was thinking about last night in bed before i sleep. then this morning quickly call him to verify again. Asked him where got so good lobang for take over at 300K bht and daily take in is 40K bht. Then he call me back after he spoke with his GF. 4K BHT lah. wah lao!

4k bht is decent i guess. SGD 167-200 (let say can hit 200) x 30. take 180 x 30 is 5400SGD.

1 more info during my morning call to him. 24000bht rental for the cafe or SGD 1000.

My maths told me after minus other bills and staff salary. my best guess is 1500bht +/- a month. Which sound normal income to me for a Thai.
  #9455  
Old 08-03-2011, 11:31 AM
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Re: Bangkok Field Report

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Originally Posted by 138mm View Post

only 4,000 Bht actually. Cant blame my fren lah. heard wrongly he said.

SGD 167 at 23.9 rate is low for me. becos my fren school canteen can take in $1500/day. School canteen only can rack in $1500 and this public cafe only SGD 167? not good. I am looking at a good cafe should rack in $500+/-/day in Bangkok area.
What say you guys?
I think u r a dreamer or love to blow big the figures......initially 40000 now 4000. Suddenly now $1500 per day in school??? 1 month about $30000 Imagine u sell 1 plate of chicken rice for $2.5, u r selling 600 plates per day!!!!! or u selling $1 per cans of drinks, u r selling 1500 cans.

Better do your math right, think of real fact, dun dream if u want to do business.
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  #9456  
Old 08-03-2011, 11:39 AM
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Re: Bangkok Field Report

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Originally Posted by 138mm View Post
My maths told me after minus other bills and staff salary. my best guess is 1500bht +/- a month. Which sound normal income to me for a Thai.
I would advse ; if he is a good friend to you , to cut his losses and get out NOW. Both of you dont seem to know Thailand well at all and have obviously not done your homework. He's blinded by love coz is lost in his world but you would be the best person to help him. Even if it casues him to fight with you now , he will thank you later in life.

FYI , normal Bangkok office girl pay is already more than 1500B p/m
  #9457  
Old 08-03-2011, 11:46 AM
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Re: Bangkok Field Report

where is the faking field report?
want talk kopi or open shop, pls refrain from wasting everybahdee time HERE ..esp u 138mm..
dont waste our faking time
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  #9458  
Old 08-03-2011, 12:44 PM
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Re: Bangkok Field Report

Quote:
Originally Posted by 138mm View Post
Hahaha. not my math off. I was thinking about last night in bed before i sleep. then this morning quickly call him to verify again. Asked him where got so good lobang for take over at 300K bht and daily take in is 40K bht. Then he call me back after he spoke with his GF. 4K BHT lah. wah lao!

4k bht is decent i guess. SGD 167-200 (let say can hit 200) x 30. take 180 x 30 is 5400SGD.

1 more info during my morning call to him. 24000bht rental for the cafe or SGD 1000.

My maths told me after minus other bills and staff salary. my best guess is 1500bht +/- a month. Which sound normal income to me for a Thai.
You must be joking...

4K baht/day = 120K baht/mth. As a rough guide, net profit for these type of places is around 20% of turnover. So you are probably looking at around 20K baht/mth profit. I'm not even sure how you get the figure of 1.5K baht/mth profit. And I'm not even sure how you can think that 1.5K baht is the average salary of an office worker in BKK.
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  #9459  
Old 08-03-2011, 02:04 PM
ahtecklim ahtecklim is offline
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Re: Bangkok Field Report

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Originally Posted by teebs_darklord View Post
You must be joking...

And I'm not even sure how you can think that 1.5K baht is the average salary of an office worker in BKK.
Maybe he thinks all thais work in issan farms
  #9460  
Old 08-03-2011, 03:15 PM
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Re: Bangkok Field Report

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Originally Posted by teebs_darklord View Post
You must be joking...
Quote:
Originally Posted by ahtecklim View Post
Maybe he thinks all thais work in issan farms
Think it will be good to ignore him. He is either dreaming or still schooling, naive n not step into the real world. Keeps on giving rubbish.
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  #9461  
Old 08-03-2011, 03:56 PM
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Re: Bangkok Field Report

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Originally Posted by naemlo View Post
I think u r a dreamer or love to blow big the figures......initially 40000 now 4000. Suddenly now $1500 per day in school??? 1 month about $30000 Imagine u sell 1 plate of chicken rice for $2.5, u r selling 600 plates per day!!!!! or u selling $1 per cans of drinks, u r selling 1500 cans.

Better do your math right, think of real fact, dun dream if u want to do business.
.

Let me get u a clear picture. He told me 40K bht/day and I was puzzle and get an answer from him is actually 4k bht/day. (maybe he heard wrongly)

My fren made $1500SGD/day selling drinks only in school in Singapore. Drinks stall sell hot/cold drinks, fruit juice, tibits, cut fruits. I personally was there once and helped him and his wife to count the day collection from the sale of their drink stall.
  #9462  
Old 08-03-2011, 04:00 PM
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Re: Bangkok Field Report

Quote:
Originally Posted by naemlo View Post
...either dreaming or still schooling, naive n not step into the real world.
Quote:
Originally Posted by ahtecklim
Maybe he thinks all thais work in issan farms
Quote:
Originally Posted by teebs_darklord
how you can think that 1.5K baht is the average salary of an office worker in BKK.
Guys, cut some slack for the poor bloke. 138mm, be careful of throwing good money after bad. Do your sums right, vital to arrive at your break-even point right. All that glitters is not gold
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  #9463  
Old 08-03-2011, 04:01 PM
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Re: Bangkok Field Report

Quote:
Originally Posted by 138mm View Post
Hahaha. not my math off. I was thinking about last night in bed before i sleep. then this morning quickly call him to verify again. Asked him where got so good lobang for take over at 300K bht and daily take in is 40K bht. Then he call me back after he spoke with his GF. 4K BHT lah. wah lao!

4k bht is decent i guess. SGD 167-200 (let say can hit 200) x 30. take 180 x 30 is 5400SGD.

1 more info during my morning call to him. 24000bht rental for the cafe or SGD 1000.

My maths told me after minus other bills and staff salary. my best guess is 1500bht +/- a month. Which sound normal income to me for a Thai.
My sincere apology. Failed my math man. Is not 1500bht+/- a month.

It should be 15000 Bht +/- a month. a decent worker salary in Bangkok?
  #9464  
Old 08-03-2011, 06:22 PM
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Talking Re: Bangkok Field Report

Quote:
Originally Posted by 138mm View Post
My sincere apology. Failed my math man. Is not 1500bht+/- a month.

It should be 15000 Bht +/- a month. a decent worker salary in Bangkok?
Take bro YYY advise seriously and best of luck, brother!

I fail miserably many many times in LOS, not in business but in relationship from the LOS, business ~ no comment. I have not come this far to trust a Thai girl that much to open a business with her.

Normally before it starts to get warm, I got burned already!
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  #9465  
Old 08-03-2011, 06:36 PM
138mm 138mm is offline
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Re: Bangkok Field Report

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Originally Posted by Playman2 View Post
Take bro YYY advise seriously and best of luck, brother!

I fail miserably many many times in LOS, not in business but in relationship from the LOS, business ~ no comment. I have not come this far to trust a Thai girl that much to open a business with her.

Normally before it starts to get warm, I got burned already!
Cheers mate and thanks.

I am looking into Bangkok for some biz opportunity. I am considering some advise from some fellows here.

I wish you have learn from your failed relationship in Thailand. I maybe getting a Thai GF as my local fren just intro me a decent thai lady with good background. Wish me luck ya.
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