[el mechanico]

(02-28-2012 03:07 PM)patron Wrote:  

I am thinking about opening a bar in Santiago, DR. It is so easy to open a bar in the DR. No licenses or permits. A radio, refrig and some tables/chairs. There are no real bars for gringos in Santiago. I am thinking about renting a house in Los Jardines (good area) and turning it into a bar on the weekends.

Keep us updated. I was just thinking about going there today. It would be great to have a RooshV forum friendly bar in Santiago.

[reaper23]

(02-24-2012 05:21 PM)el mechanico Wrote:  

G, The problem here is every retard that moves down from the mid-west tries to open a restaurant but they never make good food. This guy opened one and spent 1+ mil on it down the road and hired some chef that killed it in two months. Make good food!!!Kinda like that chef Ramsey show.

This county(Pinellas) got 5 mil visitors last year. More per capita than any other county in the US.

really?

the sina qua non of tourist area food places is that they serve shitty food due to no need to encourage repeat business.

this can't be the only reason?

there have to be other factors as well. Most markets are semi efficient. The rents for these places have to reflect the business opportunities. Don't they?

Inefficiently priced goods in a supposedly efficient market place are where people make fortunes (see Warren Buffet)

[reaper23]

my mom and my ex's mom live in st pete. i'm down there a lot. i'm down with this idea and have the cash to invest.

I also understand mike's view that this is not necessarily a real 'investment' per se, in that it has other advantages.

however, If I am going to put $2k into something, I want to know that there is a legitimate chance this hobby could last more than a month or two or six.

Is anyone really willing to take a crack at a pro forma / basic basic basic biz plan?

I too always planned to be in the bar business one day. Right now I own a commercial building that has as a tenant the hottest place in the neighborhood, even featured in the NY Times. That lease expires in 9 years. Thats when I thought I'd get in. but this sounds appealing to me and I like the size of the investment.

So, who is going to put up the time/energy/sweat equity to actually put something on paper?

[el mechanico]

(02-29-2012 01:00 PM)reaper23 Wrote:  

(02-24-2012 05:21 PM)el mechanico Wrote:  

G, The problem here is every retard that moves down from the mid-west tries to open a restaurant but they never make good food. This guy opened one and spent 1+ mil on it down the road and hired some chef that killed it in two months. Make good food!!!Kinda like that chef Ramsey show.

This county(Pinellas) got 5 mil visitors last year. More per capita than any other county in the US.

really?

the sina qua non of tourist area food places is that they serve shitty food due to no need to encourage repeat business.

this can't be the only reason?

there have to be other factors as well. Most markets are semi efficient. The rents for these places have to reflect the business opportunities. Don't they?

Inefficiently priced goods in a supposedly efficient market place are where people make fortunes (see Warren Buffet)

I don't really understand the question but i'll add this....

Without the support of the locals these places can bleed in the off season. Sell the shit out of bad food in season then die in the summer.

Also add in the fact that there's alot of mid-westerners here with unrefined pallets. So some places do good just because the portion sizes are huge regardless of food quality. It's a dance.

[thegmanifesto]

(02-29-2012 01:16 PM)el mechanico Wrote:  

(02-29-2012 01:00 PM)reaper23 Wrote:  

(02-24-2012 05:21 PM)el mechanico Wrote:  

G, The problem here is every retard that moves down from the mid-west tries to open a restaurant but they never make good food. This guy opened one and spent 1+ mil on it down the road and hired some chef that killed it in two months. Make good food!!!Kinda like that chef Ramsey show.

This county(Pinellas) got 5 mil visitors last year. More per capita than any other county in the US.

really?

the sina qua non of tourist area food places is that they serve shitty food due to no need to encourage repeat business.

this can't be the only reason?

there have to be other factors as well. Most markets are semi efficient. The rents for these places have to reflect the business opportunities. Don't they?

Inefficiently priced goods in a supposedly efficient market place are where people make fortunes (see Warren Buffet)

I don't really understand the question but i'll add this....

Without the support of the locals these places can bleed in the off season. Sell the shit out of bad food in season then die in the summer.

Also add in the fact that there's alot of mid-westerners here with unrefined pallets. So some places do good just because the portion sizes are huge regardless of food quality. It's a dance.

So what is the formula?

[reaper23]

(02-29-2012 01:16 PM)el mechanico Wrote:  

I don't really understand the question but i'll add this....

just saying that businesses aren't sold for cheap for no reason

[el mechanico]

(02-29-2012 01:25 PM)thegmanifesto Wrote:  

(02-29-2012 01:16 PM)el mechanico Wrote:  

(02-29-2012 01:00 PM)reaper23 Wrote:  

(02-24-2012 05:21 PM)el mechanico Wrote:  

G, The problem here is every retard that moves down from the mid-west tries to open a restaurant but they never make good food. This guy opened one and spent 1+ mil on it down the road and hired some chef that killed it in two months. Make good food!!!Kinda like that chef Ramsey show.

This county(Pinellas) got 5 mil visitors last year. More per capita than any other county in the US.

really?

the sina qua non of tourist area food places is that they serve shitty food due to no need to encourage repeat business.

this can't be the only reason?

there have to be other factors as well. Most markets are semi efficient. The rents for these places have to reflect the business opportunities. Don't they?

Inefficiently priced goods in a supposedly efficient market place are where people make fortunes (see Warren Buffet)

I don't really understand the question but i'll add this....

Without the support of the locals these places can bleed in the off season. Sell the shit out of bad food in season then die in the summer.

Also add in the fact that there's alot of mid-westerners here with unrefined pallets. So some places do good just because the portion sizes are huge regardless of food quality. It's a dance.

So what is the formula?

Depends on who you target. My original plan was to have no food and fuck girls in Bikinis. Profits aside.

There was a pizza chain in Central Cali called pelican pizza I'm not sure if it's still there. The pizza sucked but it was buy one get one free. They were busy.

This place is simple yet complex. What may work in Clearwater will not work in the next town of Dunedin. Why? More upscale with a Euro vibe. The food there is the best around. Some areas here are rednecked the fuck out. Cheap beer and shitty greasy food works. Two miles away Gourmet vegetarian Mexican food with Patron -Ritas.

I posted a pic of a pizza place on Craigslist. That place would work with a cheap but good simple menu with cheap drink specials. Bullet proof fast delivery would be a must for the lazy rednecks and all the people with no drivers licences around. Also factor in when disability checks are issued. The third of the month. That area thrives for a week and a half after that.

You just have to know. I've been here 18 years and my family 100 years which is a long time for Florida. We know. Mr. Deeppockets GM retired at 55 who comes to open a place does not.
[attachment=4997]
Dunedin Brewery
[attachment=4998]
Bobkatz a few miles away

[el mechanico]

(02-29-2012 01:13 PM)reaper23 Wrote:  

my mom and my ex's mom live in st pete. i'm down there a lot. i'm down with this idea and have the cash to invest.

I also understand mike's view that this is not necessarily a real 'investment' per se, in that it has other advantages.

however, If I am going to put $2k into something, I want to know that there is a legitimate chance this hobby could last more than a month or two or six.

Is anyone really willing to take a crack at a pro forma / basic basic basic biz plan?

I too always planned to be in the bar business one day. Right now I own a commercial building that has as a tenant the hottest place in the neighborhood, even featured in the NY Times. That lease expires in 9 years. Thats when I thought I'd get in. but this sounds appealing to me and I like the size of the investment.

So, who is going to put up the time/energy/sweat equity to actually put something on paper?

Well if we can gather enough interest I would put more effort into it. The deciding factors would be how many people and having funds on tap to pull the trigger. Good deals require fast actions.

I don't see a longevity problem. Lets say it loses 1k in August. That would mean 50 bucks each to keep the ball rolling @ 20 partners.

We all have real jobs so who cares.

BTW what do you do in ST Pete while you're here?

[Chad Daring]

Im being completely serious here, my lease is up in June, if this becomes feasible by then I WILL pack my shit and move down there and help this happen if there's real funding behind it and Emech lets me crash on his couch lol.

[thegmanifesto]

(02-29-2012 03:29 PM)Chad Daring Wrote:  

Im being completely serious here, my lease is up in June, if this becomes feasible by then I WILL pack my shit and move down there and help this happen if there's real funding behind it and Emech lets me crash on his couch lol.

Take the ball and run with it. It is the only way it's going down.

This project needs a general.

Then "pitch" members on shares.

[el mechanico]

Here's a link to the new club that opened down the road that I haven't visited yet. Take a look at the drink prices.
I may go there later..
http://www.lavishultralounge.com/

Edit: Maybe not. I went through the photo gallery.

[thegmanifesto]

(02-29-2012 05:06 PM)el mechanico Wrote:  

Here's a link to the new club that opened down the road that I haven't visited yet. Take a look at the drink prices.
I may go there later..
http://www.lavishultralounge.com/

Edit: Maybe not. I went through the photo gallery.

Ha.

Yeah, those pictures are terrible.

I didn't think a club could be so bad.

Here is one of a cat spitting Game though:

[Kickb]

Hey there's a guy in an affliction shirt.

[MikeCF]

(02-29-2012 03:29 PM)Chad Daring Wrote:  

Im being completely serious here, my lease is up in June, if this becomes feasible by then I WILL pack my shit and move down there and help this happen if there's real funding behind it and Emech lets me crash on his couch lol.

Don't be a pussy.

If you see an opportunity, you TAKE it.

In my adult life, I have had to talk the PG&E guy out of turning off the electricity.

Right now, I'm doing "OK."

Because I wasn't a pussy. I took major risks.

If you're waiting for the opportunity to be perfect, i.e., money is lined up, why would you even add value?

Far too many guys wait until the "time is right."

The time is NEVER right.

It's up to guys to MAKE things right.

Mark Zuckerberg dropped out of college.

Started a site that people said "was the next MySpace."

He's worth $25 billion.

Was the time right, or did he make it right?

[Hotwheels]

Mech-What are taxes like down there? Not only sales but income? Pretty reasonable/normal or are they on the high side?

I'm not asking only concerning the pussy bar but also for someone moving there that has a location independent business.

Of course the cost of living in the Tampa area would easily offset higher taxes...

[thegmanifesto]

(02-29-2012 08:48 PM)MikeCF Wrote:  

Far too many guys wait until the "time is right."

The time is NEVER right.

It's up to guys to MAKE things right.

Take note young ones.

[reaper23]

(02-29-2012 03:13 PM)el mechanico Wrote:  

(02-29-2012 01:13 PM)reaper23 Wrote:  

my mom and my ex's mom live in st pete. i'm down there a lot. i'm down with this idea and have the cash to invest.

BTW what do you do in ST Pete while you're here?

whenever i'm there i'm with my kids so its usually just family time. never really been out except to ybor city and hated it. this would give me a good reason to go out.

i'd be there enough to make an investment and be able to check up on it / "Cash" in .

[el mechanico]

(02-29-2012 09:47 PM)Hotwheels Wrote:  

Mech-What are taxes like down there? Not only sales but income? Pretty reasonable/normal or are they on the high side?

I'm not asking only concerning the pussy bar but also for someone moving there that has a location independent business.

Of course the cost of living in the Tampa area would easily offset higher taxes...

We don't have state income tax if that's what you're asking. Sales tax is 7%

[AntiTrace]

Im in the position to fund a venture like this. I am currently working on starting another project but I could pull together a small investment and go in with somebody as long as the business plan was legit. I wouldn't be able to provide on-site help except for a few random trips down south. My job keeps me pretty locked down to New England and im about to hit Afghanistan for a year.

PM me if interested, the only thing I love more than some strange is a good business idea.

[AntiTrace]

just keep in mind something like 80% of new Bars/Restaurants fail. Not sure of actual stats, just rehashing something that rings a bell from business class years ago.

So a legit business plan, hard-work, and dedication is required. The goal isnt pussy, the goal is a fun job where you are your own boss and the fate of your empire depends on your actions. Pussy tends to follow that lifestyle regardless

[thegmanifesto]

El Mech -

It seems like you have a lot of takers on the funding angle.

[mikeymike]

id be in to invest but I know getting down there regularely isnt likely for me so if its just about funding other guys having fun and the goal isn't to turn it into something or potentially grow into more/expand etc and theres just a group of part time owners with nobody with experience running this thing then as much as I like ya guys i dont wanna be subsidizing your pussy with monthly reups cause no hot girls bought a drink in months lol itd be nice to know more, like who will be there for the day to day, doing the numbers etc

[thegmanifesto]

Alright for those of you keeping score at home:

This actually looks like a great potential opportunity for one of you guys with a little "get up and go".

Put the deal together.

Be the General.

Sell the shares.

Make it happen.

There are plenty of people on here "wishing" to have a great lifestyle.

Here is your opportunity. Staring you in the face.

It's your move.

[el mechanico]

(03-01-2012 12:50 PM)mikeymike Wrote:  

id be in to invest but I know getting down there regularely isnt likely for me so if its just about funding other guys having fun and the goal isn't to turn it into something or potentially grow into more/expand etc and theres just a group of part time owners with nobody with experience running this thing then as much as I like ya guys i dont wanna be subsidizing your pussy with monthly reups cause no hot girls bought a drink in months lol itd be nice to know more, like who will be there for the day to day, doing the numbers etc

@G It's coming slow but yes.

@Mike you never know. This is about the same idea that started hooters. In the same exact city as well.

My idea is basic. Beer bar with some free liquor in the back room. Troll the beaches with flyers. Get laid by salty tan drunk bikini sluts.

I can..Find the place, the permits, do the build-out with ease.

I need someone to organize the rest.

Oh and mike the members will be able to watch the cameras in real time.

Look at this guy..He worried about having fun for a few grand. He could stay in the bar, pull, make$$ in tips then jolt to Miami for a week come back and fly out. How much easier could it get?
http://www.rooshvforum.network/thread-10882.html

[mikeymike]

(03-01-2012 01:03 PM)el mechanico Wrote:  

(03-01-2012 12:50 PM)mikeymike Wrote:  

id be in to invest but I know getting down there regularely isnt likely for me so if its just about funding other guys having fun and the goal isn't to turn it into something or potentially grow into more/expand etc and theres just a group of part time owners with nobody with experience running this thing then as much as I like ya guys i dont wanna be subsidizing your pussy with monthly reups cause no hot girls bought a drink in months lol itd be nice to know more, like who will be there for the day to day, doing the numbers etc

@G It's coming slow but yes.

@Mike you never know. This is about the same idea that started hooters. In the same exact city as well.

My idea is basic. Beer bar with some free liquor in the back room. Troll the beaches with flyers. Get laid by salty tan drunk bikini sluts.

I can..Find the place, the permits, do the build-out with ease.

I need someone to organize the rest.

Oh and mike the members will be able to watch the cameras in real time.

sounds intriguing for sure, itd be cool as shit to be in another country for the opening of another beta bar one day...ive lost 2k betting college basketball on a given day so i dont mind taking this chance and having a stake in a bar to show for it or whatever that buy in ends up being if its not 2k. Look forward to gettin outta the hypothetical