Chit Chat
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10 Nov 09
15:32
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26 Jul 05
Please discuss
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Replies: 49
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Or not
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i can work for you
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What venture would you be thinking of opening? If
you can, indeed, open a venture. |
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Not if its an Ice Cream van IMO
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Depends on the venture.
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it could be a venture into the unknown
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Do you have any capital?
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Insert poor 'Paris' gag
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Yeah got capital.Where I live there is no pubs etc with a play area.We have found a bar/restaurant that is shut and are thinking of turning it into a carvery with a play area.Rent is £1250 a week
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Is it dog kennels? Never enough of them
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No money in it Baggers. Looked into it a couple of years ago.
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Provisional costings say 100 covers a day would cover the rent and 6 staffs wages.700 a week for a new venture would be tough but possibly achievable
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65k per annum
scarry |
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Aren't restaurants notoriously bad investments?
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Yup £65k It is huge though
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Possibly Orioles but there is always a market for decent quality cheapish food.Hmmm
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why was it shut in the first place ?
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a poseidon cod venture would be your best bet imo
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Squiggly fish it was an up market Grill/bar. £20 odd for a steak sort of place
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V risky in current economic climate, with people staying in.
Even with signs of an upturn, will customers be willing to REGULARLY eat out in your hostelry. Good luck but wouldn't be for me :) |
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you could make a small fortune but you'd have to start with a large fortune.
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For some reason, 'venture' is a pleasing word. I think it's the 'ture' bit. Sounds intriguing.
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What amazes me in so many pubs is how many staff they have, and the landlord and landlady often don't do much. I think for most pubs you need to put loads of hours in and do as much of the work as possible yourself.
Massive profit margin on food I think, would love to run a restaurant myself. |
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Thanks for the reply fellas.I was in a bar on Sunday night there was 3 of us in the whole place and 3 bar staff
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was in a pub at lunch time and basically empty
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Lots to think about.There's laots of families and Pensioners in our town and its a fairly wealthy place.Hmmm
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DONT DO IT-
You have been told by someone who is knowledgeable. The rich are not spending money now- they are trying to hold on to it. Take it from someone who is rich. I do not jest about matters of this nature. The UK is bankrupt. More money is being paid out to spongers and foreigners in benefits than is being received in taxes. The crepe will hit the fan soonere or later. Do not go down with the sinking ship that is Britain! Do not be mislead by the stock market. An incredibly wealthy financial commentator once told me not to mistake the FTSE index with the economy. YOU HAVE BEEN TOLD! |
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Slicer is right imo.
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why dont you use the money to stake 8Sid, maybe a shrewder investement
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FFS pubs clubs basr and restaurants are shutting quicker than a polish birds legs after the rich english man marry her, get a fkin grip mate dont open a pub
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thanks for the input fellas
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The professions are being badly hit. I know of chartered accountants who cannot get jobs and 2 solicitor aquaintances of mine have closed their practices this month and one of them is on the night shift in Morrisons- he beat 50 other white collar workers and others to this job.
The basic principles of business are maximum return from a minimum outlay with minimum risk. The mark up in a restaurant on alcohol is where the profits used to be, with little or nothing on the food. SO- look at the pubs- many closing down every day. What return will you get for the aggravation of employing staff- "sorry boss, I cant work tonight, my in growing toenail is playing up!" Rent, rates etc will be a burden. Is it worth it taking the risk? Why will you succeed where the previous owner failed. Are you so much better than him? Anyway, good luck with what you decide. |
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Slicer an eternal pessimist imo.
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canaryboy 10 Nov 16:56
was in a pub at lunch time and basically empty Were all the smokers outside ? |
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Very,very risky,try not to let your enthusiasm cloud you into believing it will be a worker. Seen this here in Tenerife, bars closing left right and center but there,s always some mug from the UK that will buy them cos It,ll be different for them......
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Only cos I KNOW!!!
I use my eyes to see what's going on- I don't believe politicians, newspapers or people with lesser intelligence and knowldge than me who think they know more than me. Remember, I am highly edumacated and of advanced years. I have seen it all before. But MPS with snouts in the trough and the greediest bankers ever known to man are some rather new, at least in the public domain. So- it's up to you what you believe! 5000 jobs to be cut at Lloyds bank. Those affected wont be spending too much money! |
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Anyway- logging off now- good luck to all!
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thanks slicer
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I think a lot of reason that pubs/restaurants/cafes etc go under is because they are run by mugs. It is not an exagerration to say that some of these people don't realise that if you spend a grand ten times it equals ten grand. Or that you only make a profit if you spend less than you earn.
If you do your sums and are willing to work hard then I reckon pubs etc are a reasonable option - you get to live in the pub as well remember. Might not make a mint at first, but should be able to make a small profit if you're thrifty |