Great insight, some interesting numbers there. I can't believe it was 120,000B, that's absolute peanuts!! You've renovated your bar to a great standard. Looks fantastic.
I am very grateful to you and other people who are willing to risk their Capitol. I will spend my money with folks like you. Thank you for your ambition. I love the place (Jomtien), and will be back. Thank you Mr. "Go Getter", I applaude you and those like you .... if there were not people like you, Jomtien would just be "sand". Thank you dear Sir.
Thanks mate! So kind of you to show us your bar and also tour us around nearby other bars. You have a great bar and looking forward to visiting you and be a customer next month.
Very informative video Greg and appreciate your open book attitude on the detailed costings. Your ongoing homework on the project supports the pride you take in the ownership and continued consumer satisfaction. Good luck and hope to ring your bell down track.
Setting up a bar in an area full of closed bars seems nonsensical to me. Obviously the area is not popular. Plus the customer needs something to look at, such as the sea, or a busy road. Not just another bar across a quiet soi. Do a moonlight flit and put your bar stuff in secret storage. Let the tilack have the empty bar and bills. Go home and return when the screaming has died down.
Hey Greg, hope all is well....Great video.......Never seen anyone give their real numbers. Good info for those looking to open a bar. All the best and tell Ying Hi.......Tom
Good video - always believe a bar is a lot more work than most people envisage. I'm a QS and an ameteur in Thailand, but even I can see how the costs soon add up and I always take my hat off to guys who open a bar.
Small world. We were at the Fifth Jomtien last week and walked by your bar to the bbq place in the back. Randomly popped up on my feed. Good luck to you!
Interesting video mate , good to see other Aussies around , i been there since 2006 , I’ve seen a lot since then , boom times when you couldn’t find a bar space under a mil baht for a toilet sized room , to ghost town through covid . Wish you the best of luck , No people 120k per year leasing the bar , to own it would be around 20 mill or more they wouldn’t even sell the land , and a westerner cant own land without a Thai partner having a greater share in the land or business .
Thanks for sharing, interest topic for many. Good luck with it, I will pop in some time soon. Rompho looks like a tough gig when I walk through there with the missus to the BBQ. Very quiet area. It doesn't help when the landowners set such a high price for the empty units but I understand from their POV it is better to get a load of money up front than a few months rent when the keys are likely to be tossed back to them. That being said, bars with good hosts that are properly run can build up a following and overcome not being in a prime spot. The problem you have then is how you handle people wanting to buy you drinks all day :)
Good video. I remember when all the bars were taken. The land changed hands then covid happened so less than half the bars were left. Looks like it's starting to pick up now there. See a few new good looking bars now.
You have to pay also 1000 US$ per month to the police and I don't know how much to the mafia as well. The owner of the Walking Street bar told me he had paid for 8 different mafia organizations but his friend didn't pay anything because he paid every month to the Thai army colonel 1200 US$ and his soldier sit down every night in front of the bar with other security guys and no mafia or police never came in at all.
😂😂I’ve owned 3 bars in Thailand, if you’ve been paying $1000+ per month then they saw you coming. You’ve been mugged off. $50 max per month I ever paid
@@KingXRP007 This was a go-go bar on the Walking Street Pattaya and not a beer bar in Surin or Udon Thani at all and I hardly believe an owner of the go-go bar would pay 50 $ to corrupt Thai Police only. 🙃
thanks for sharing. so i'm guessing you have additional monthly costs on top of your rent ie electric, water, staff wages, and any other incidentals and thats before you sell your first beer, so best of luck and hope you can make a go of things and start recouping some of your outlay, cheers
Hi Dean I pay security and the police I also have cameras and an alarm. I scroll the cameras all the time, I've never seen anyone near the bar when it's closed.
Hey Do you think ‘ all you can drink’ concept would work in pattaya? Wherein customers pay 300-500b or so for 1 hour and they can drink as much beer as they want? With very attractive girls on offer. I was planning to open such bar in treetown or soi 6 area. I’ve already appointed a lawyer for paperwork I’ll be coming pattaya this week for the same. Suggestions will be appreciated
@@Whatdoesitreallymatter makes alot of sense! I really thought that opening a roadside open bar with all you can drink would attract alot of expats and bar gooers, but then too much problem will be attracted with it
Hi mate I’ve been researching a lot of this for a while now… been a dream of mine just a small chill bar I’m from Australia. I’m flying there soon to have a look at them to better understand the rules too with how the work maybe you can help me I’m happy to work for free for a week or two. so I can learn and understand about somethings people don’t talk about like the 49% owner ship and other laws. If you could help that would be great maybe your could even recommend on to me 🙏🏽
Nice video Aussie. Ive been hearing that the only way to get a bar is to go in 50 /50 with a thai person or marry them? I dont fancy doing either of those things mate. Please tell me this is not true
Curious if these bars were open before covid ? Suprised owners let them fall apart. Good Farangs like you help stimulate the economy & give jobs back to the locals. Many people wouldnt take the risk opening a bar there now
Great video , do you see it as a sustainable venture in the quite season or is it a type of business where you have to make as much as you can in the high season and then survival mode in the quite - if you know what I mean . Keep up the videos
Hi Greg, low season is fine so far and sustainable. The bar is growing already and our Aussie pub food is becoming a bit of a hit. I'm working to a business plan and so far we are ahead of schedule. When we started we had the capacity to seat 24 people we've already had to increase that to 32, and are adding a further seating for 8 more In the next week. So far so good and more to come in the months to follow. All going to plan we should recoup my outlay and start making a decent profit within a year. Getting time to make videos is the difficult thing.
@@aussieinthailand1965good content this video my mate from uk not long bought bar in patts called m&m bar hope yous can make it out their,once a steady income comes in life must be good out there
This is a great vid .. very informative ... typically what kind of money wud a bar like yours make ? You would make money just from the food and drink ?
If you don't mind me asking how much profit do these bars make every month ? , with such a big outlay up front I don't know how you would get ahead in the bar game.
Early days yet, but we are on track and going to plan. I'll leave it at that for now. I won't be doing a video about that. All I will say is I should recoup my outlay and be running at a profit with 12 months.
He forgot the “hurt money” cost… the money it costs you when your Thai partner finally gets exposed for her real intentions… Yep that cost is the biggest one to pay opening a bar in Pattaya…. Number 1 rule, never ever share any business with anyone if you don’t have to… being risk adverse when it comes to the 3 L’s seems to be forgotten once checking through airport …. 🙏🤔😏
Some of these replies are so Cringe worthy, l can't believe many of the people making them have ever been to Pattaya and if they have it was many years ago . Good luck with the Bar.
Dont open one simple as that, this guy has lost his so called bar and a lot of money ,you won't own it,cant work in it,it will be your wifes or tgf,you will.lose money,,
Maybe retirement visa. If so you have to have quite a bit of cash in a thai bank. Or just come and go. 30 days then leave. Some do the cambodia border run to exit thailand. But it cost like $100 USD to enter cambodia.
I do like going in for a beer and a game of pool in Rhompo when I'm in Jomtien.. i tend to go to a bar that has a decent toilet as most dont.. Does your bar have a newish toilet ?
Every bar around has something fiddling , stealing and cheating! That's inclusive in what you pay for the bar! Don't ever say It doesn't happen in my bar ! It's endemic here in Thailand.
yes it does happen, But not everyone in thailand is a thief or prostitute, That's a pretty narrow minded view. But having said that if you walk around with your eyes closed you deserve what you get.
During my 20's which was the 90's I was bar hopping in Thailand. Like everyone then i was getting on the piss bar hopping and spending like no tomorrow. Sadly now the younger generation don't drink alcohol much and are so health conscious and don't spend nearly as much as mine did. I hope you make a buck but the younger generation are weak and pathetic.
Hopefully you're veryyyyy successful but loads of younger Guy's are renting bars and haven't a clue.fell in love ! Like some do with thought of OWNING MY OWN BAR, Friend's coming for a two weeky millionaires jobby now he's skint. Plus Bar has been taken . Don't get me wrong if it works it worx but seen many younger dreamers and more mature dreamer's over year's doing same used to come back especially to patts and Bar gone.finito.Good luck but call me Billy not silly.🙂🤯💵😭
I have a feeling there wil be a lot of smaller bars forced to close in the next few months, cant see it been possible for them to stay open with no customers
@@J.mac35 Where do you get this no customer thing from? We do get some quiet days now as it low season but we also still have some really good days, and especially now we have food.
@@aussieinthailand1965 hopefully mate not saying you do but looking at some of the other bars around tree town and those areas that are not busy every night how I would imagine they need to be with rent prices in those areas , I hope to hell im completely wrong and I wish every bar the best of luck
![[Full] 4 ต่อ 4 Celebrity EP.910 | 22 ก.ย. 67 | one31](http://i.ytimg.com/vi/4TR3MVpOiw8/mqdefault.jpg)
I am much happier being a bar customer, than a bar owner!
Great insight, some interesting numbers there. I can't believe it was 120,000B, that's absolute peanuts!! You've renovated your bar to a great standard. Looks fantastic.
I am very grateful to you and other people who are willing to risk their Capitol. I will spend my money with folks like you. Thank you for your ambition. I love the place (Jomtien), and will be back. Thank you Mr. "Go Getter", I applaude you and those like you .... if there were not people like you, Jomtien would just be "sand". Thank you dear Sir.
Thanks mate! So kind of you to show us your bar and also tour us around nearby other bars. You have a great bar and looking forward to visiting you and be a customer next month.
Your bar looks so very inviting compare to the rest, it was interesting to see them and the cost it would be to set up one cheers mate and thank you 👍
Very informative video Greg and appreciate your open book attitude on the detailed costings. Your ongoing homework on the project supports the pride you take in the ownership and continued consumer satisfaction. Good luck and hope to ring your bell down track.
Setting up a bar in an area full of closed bars seems nonsensical to me. Obviously the area is not popular.
Plus the customer needs something to look at, such as the sea, or a busy road.
Not just another bar across a quiet soi. Do a moonlight flit and put your bar stuff in secret storage. Let the tilack have the empty bar and bills. Go home and return when the screaming has died down.
Hey Greg, hope all is well....Great video.......Never seen anyone give their real numbers. Good info for those looking to open a bar. All the best and tell Ying Hi.......Tom
Thanks for that information Greg. Looking forward to having a few cold beers at parmy’s when we are there in October.
Can't see half of the bar breakdown as it pop's up the recommended videos
Good video - always believe a bar is a lot more work than most people envisage. I'm a QS and an ameteur in Thailand, but even I can see how the costs soon add up and I always take my hat off to guys who open a bar.
Great bar, icy cold beer and awesome food🎉
Small world. We were at the Fifth Jomtien last week and walked by your bar to the bbq place in the back. Randomly popped up on my feed. Good luck to you!
Interesting video mate , good to see other Aussies around , i been there since 2006 , I’ve seen a lot since then , boom times when you couldn’t find a bar space under a mil baht for a toilet sized room , to ghost town through covid . Wish you the best of luck , No people 120k per year leasing the bar , to own it would be around 20 mill or more they wouldn’t even sell the land , and a westerner cant own land without a Thai partner having a greater share in the land or business .
Fast forward 9 months and this guy is now ebegging. So much for buying a bar !
How’s he aloud to stay in Thai This looser has nt a pot to piss in
Love the bar you've got.. Will definitely pay a visit next time I'm over!
Thanks for sharing, interest topic for many. Good luck with it, I will pop in some time soon. Rompho looks like a tough gig when I walk through there with the missus to the BBQ. Very quiet area. It doesn't help when the landowners set such a high price for the empty units but I understand from their POV it is better to get a load of money up front than a few months rent when the keys are likely to be tossed back to them. That being said, bars with good hosts that are properly run can build up a following and overcome not being in a prime spot. The problem you have then is how you handle people wanting to buy you drinks all day :)
Good video. I remember when all the bars were taken. The land changed hands then covid happened so less than half the bars were left. Looks like it's starting to pick up now there. See a few new good looking bars now.
Sorry to say but if it’s a good investment why are they all empty?
Beautiful bar. I hope to buy a bar as nice as yours in the future.
I heard the way to make a million in the bar business is to start with two. Then stop at one..lol
"How much does it cost to open a small bar in Thailand?" Nothing when you're partner is a foreigner.
You have to pay also 1000 US$ per month to the police and I don't know how much to the mafia as well. The owner of the Walking Street bar told me he had paid for 8 different mafia organizations but his friend didn't pay anything because he paid every month to the Thai army colonel 1200 US$ and his soldier sit down every night in front of the bar with other security guys and no mafia or police never came in at all.
I got a bridge to sell you mate
Is that a Joke ?
@@_Tony.Montana This is Thailand !!!!
😂😂I’ve owned 3 bars in Thailand, if you’ve been paying $1000+ per month then they saw you coming. You’ve been mugged off. $50 max per month I ever paid
@@KingXRP007 This was a go-go bar on the Walking Street Pattaya and not a beer bar in Surin or Udon Thani at all and I hardly believe an owner of the go-go bar would pay 50 $ to corrupt Thai Police only. 🙃
these places in jomtien that are vacant, should be walk in, no key money, just rent only
They are walk in but they hit you up for the existing contents of the bar. No key money just rent.
thanks for sharing. so i'm guessing you have additional monthly costs on top of your rent ie electric, water, staff wages, and any other incidentals and thats before you sell your first beer, so best of luck and hope you can make a go of things and start recouping some of your outlay, cheers
That opening is sick!
Interesting insight Greg....I admire your passion and tenacicity Im sure you will succeed!!!.....Have you had to worry about security etc?
Hi Dean I pay security and the police I also have cameras and an alarm. I scroll the cameras all the time, I've never seen anyone near the bar when it's closed.
@@aussieinthailand1965 Pay Police monthly?
Nice video mate, I would like to see the whole picture. You covered cost. How about how much can you expect to make with a small bar.
Hey
Do you think ‘ all you can drink’ concept would work in pattaya?
Wherein customers pay 300-500b or so for 1 hour and they can drink as much beer as they want? With very attractive girls on offer.
I was planning to open such bar in treetown or soi 6 area.
I’ve already appointed a lawyer for paperwork
I’ll be coming pattaya this week for the same.
Suggestions will be appreciated
Damn it I would pay my 300 baht and then drink like a soi dog for 1 hour my boy !!!
@@Whatdoesitreallymatter makes alot of sense! I really thought that opening a roadside open bar with all you can drink would attract alot of expats and bar gooers, but then too much problem will be attracted with it
Hi mate I’ve been researching a lot of this for a while now… been a dream of mine just a small chill bar I’m from Australia. I’m flying there soon to have a look at them to better understand the rules too with how the work maybe you can help me I’m happy to work for free for a week or two. so I can learn and understand about somethings people don’t talk about like the 49% owner ship and other laws. If you could help that would be great maybe your could even recommend on to me 🙏🏽
Great video mate. We'll be over in a couple of weeks, will pop in for a beer.
Enjoy bro keep rocking
Hello Greg, good informative video, will you have the Motogp on screen tomorrow afternoon, if so we will be there, I think its on about 5pm
Nice video Aussie.
Ive been hearing that the only way to get a bar is to go in 50 /50 with a thai person or marry them?
I dont fancy doing either of those things mate.
Please tell me this is not true
Like your bar 🍸 looks really nice 👌
Curious if these bars were open before covid ? Suprised owners let them fall apart. Good Farangs like you help stimulate the economy & give jobs back to the locals. Many people wouldnt take the risk opening a bar there now
Great video , do you see it as a sustainable venture in the quite season or is it a type of business where you have to make as much as you can in the high season and then survival mode in the quite - if you know what I mean . Keep up the videos
Hi Greg, low season is fine so far and sustainable. The bar is growing already and our Aussie pub food is becoming a bit of a hit. I'm working to a business plan and so far we are ahead of schedule. When we started we had the capacity to seat 24 people we've already had to increase that to 32, and are adding a further seating for 8 more In the next week. So far so good and more to come in the months to follow. All going to plan we should recoup my outlay and start making a decent profit within a year. Getting time to make videos is the difficult thing.
@@aussieinthailand1965 glad to here is working out and thanks for the reply. Enjoy living your dream .
@@aussieinthailand1965good content this video my mate from uk not long bought bar in patts called m&m bar hope yous can make it out their,once a steady income comes in life must be good out there
This is a great vid .. very informative ... typically what kind of money wud a bar like yours make ? You would make money just from the food and drink ?
Could you please say what is the process of buying a business ? I think it is hard for foreigners to buy properties or businesses independently.
it would an idea to have a bar, rooms upstairs, rental income would support, your costs & a place for you to stay
My friend, how do you make money with this bar if it is empty?🤔
Well he said the rent is 15,000 baht 😅 that's pretty low once you did all the high cost to get it started.
🙂 Cheers mate.
Pretty cool. Do you ever get hassled by the mafia , I mean cops krap? And, how does it do every month?
Hi Johnny, No we pay a small amount for the security by police and a security gaurd.About the equivalent tto $100 aud per month.
Yeah...Good One.
If you don't mind me asking how much profit do these bars make every month ? , with such a big outlay up front I don't know how you would get ahead in the bar game.
There is not a big outlay to start with, I wont be telling anyone how much i will or expect to make. But i will recoup my money in one year.
Top video mate
Package deals are available in Pattaya. I met a lady in Pattaya who offered to marry me, if I bought a bar in Burrian for her. I declined her offer.
Opening a bar in Thailand? Yeah Genius 😅
You should have showed the nightlife bar are always lit at night
Would love more information on buying a bar in Thailand
What's the name of your bar? Is it next to Piggy Bar? Good luck on your venture.
Palmy's Sports bar and cafe.Yes next to Piggy bar and thanks.
Stop saying you’re bar you never owned it you just got scammed
Inside information?
I've opened 2 bars in asia, and my advice would be to not bother 😂
Your bar look nice!x
Information regarding turnover/gross profit/nett profit?
Early days yet, but we are on track and going to plan. I'll leave it at that for now. I won't be doing a video about that. All I will say is I should recoup my outlay and be running at a profit with 12 months.
He forgot the “hurt money” cost… the money it costs you when your Thai partner finally gets exposed for her real intentions… Yep that cost is the biggest one to pay opening a bar in Pattaya…. Number 1 rule, never ever share any business with anyone if you don’t have to… being risk adverse when it comes to the 3 L’s seems to be forgotten once checking through airport …. 🙏🤔😏
is that area not going to be pulled down
How many customers can you get in your bar?
Some of these replies are so Cringe worthy, l can't believe many of the people making them have ever been to Pattaya and if they have it was many years ago .
Good luck with the Bar.
Thanks mate.
Dont open one simple as that, this guy has lost his so called bar and a lot of money ,you won't own it,cant work in it,it will be your wifes or tgf,you will.lose money,,
Spot on mate 😅
Wow, they look like bargains! How much money can a bar like those shown make? 🎉
Wery wery good… when I get rid of my stupid Aussie farang boyfriend who buy for me it be even betta!😂
Awesome bar mate. Food is fantastic
How many ladies do you have to entertain the customers 😂❤ !
he have zero only his missus there.
Hi John, It changes, we have girls come and go. We aren't really a girlie bar.
@@aussieinthailand1965 so you get a few freelancers drop in from Time to time !
If you want girls to hang around daily each one might cost you 3-5k and a commission on drinks they sell. But inflation. This might be higher now.
Still looks very quite mate
yes has it's quiet days, But we still have plenty of busy days to.
If I owned a bar I would serve free shrimp cocktail with ever bucket of beer
are bar owners on a business visa?
Maybe retirement visa. If so you have to have quite a bit of cash in a thai bank. Or just come and go. 30 days then leave. Some do the cambodia border run to exit thailand. But it cost like $100 USD to enter cambodia.
Don’t buy trouble with your money 🙏
I really don't get the negativity.
@@aussieinthailand1965 not buying trouble with your money & living a peace of mind uncomplicated lifestyle in Thailand is not negatively 😎
That lady wants 800 k Baht 😢🤔👎🏼Tell her she’s dreaming 😂😂
My preference is for Cambodian bars as they usually have draught beer
The girls 👭 are cold as fish and don't know how to make the customers happy I won't go back to cambodia pattaya here I cum😂 !
Yes and much cheaper than thai stuff .
200,000 baht if it all goes up the spout
Which part of thialand is this
Jomtien beach area. Just south of pattaya central
I do like going in for a beer and a game of pool in Rhompo when I'm in Jomtien.. i tend to go to a bar that has a decent toilet as most dont..
Does your bar have a newish toilet ?
Hi Liam, Clean toilets clean bar, New pool table.
Every bar around has something fiddling , stealing and cheating! That's inclusive in what you pay for the bar! Don't ever say It doesn't happen in my bar ! It's endemic here in Thailand.
yes it does happen, But not everyone in thailand is a thief or prostitute, That's a pretty narrow minded view. But having said that if you walk around with your eyes closed you deserve what you get.
@@aussieinthailand1965. It’s a cruel irony isn’t it .. 😏
See yu in October got a party at your place for a mates birthday
So you paid 5000.00 in your currency for for everything?
No About $30K Aud
Serious the open switchboard above the fryers seriously13:44😂
Double Frier??
@@senianns9522 dodgy as fxck this guy should know better
They have ordered the cover, But this is Thailand.
you only have to go back 4/5 years and Rompo was jumping
Bring the cat to your bar! Cat is lonely...customers will like
It will cost you more than you could ever have imagined.
During my 20's which was the 90's I was bar hopping in Thailand. Like everyone then i was getting on the piss bar hopping and spending like no tomorrow. Sadly now the younger generation don't drink alcohol much and are so health conscious and don't spend nearly as much as mine did. I hope you make a buck but the younger generation are weak and pathetic.
I guess your primary audience are from Australia. Your comparing the Baht to AUD only. Could you add the comparison to US dollar?
use a currency converter bro
Yes and yes i can do that in future videos.
Is this a Nation ?????????????
Hopefully you're veryyyyy successful but loads of younger Guy's are renting bars and haven't a clue.fell in love ! Like some do with thought of OWNING MY OWN BAR, Friend's coming for a two weeky millionaires jobby now he's skint. Plus Bar has been taken . Don't get me wrong if it works it worx but seen many younger dreamers and more mature dreamer's over year's doing same used to come back especially to patts and Bar gone.finito.Good luck but call me Billy not silly.🙂🤯💵😭
wouldn't waste my time to much competition and to much work
What about mafia? Criminals? All kinds of people coming for protection money or other excuses to take advantage of a foreigner bar owner?
All rather sad!😣😣😣 Covid stripped so many businesses worldwide!😳😳😳
None of it will matter unless you get customers, and from the look of it, it's gonna be a rough ride.
I have a feeling there wil be a lot of smaller bars forced to close in the next few months, cant see it been possible for them to stay open with no customers
@@J.mac35 Where do you get this no customer thing from? We do get some quiet days now as it low season but we also still have some really good days, and especially now we have food.
We get plenty of customers
@@aussieinthailand1965 hopefully mate not saying you do but looking at some of the other bars around tree town and those areas that are not busy every night how I would imagine they need to be with rent prices in those areas , I hope to hell im completely wrong and I wish every bar the best of luck
You need a cheapo mic buddy!
What do you mean ? Cheap microphone?
@@rorykeane7527 yeah just a cheap $100 microphone that links up your iPhone.
The best advise to anyone thinking of opening a bar… don’t
Looks like a hard spot to make money with not much foot traffic
Hi David, foot traffic varys, but we are the busiest bar at the back of Rompho by far. We are doing well.
A lot of black mold😮😅
so you paid 5000
Were are the Sonkran. Crowds lol
The songkran crowds are mainly on the beach road and around the beach. There are some right at the front of the market. Finished now
this look like a depressing place lol
How to become a Millionaire in Pattaya??
Start with 2 Million, LOL.
Love the positive comments.
@@aussieinthailand1965 Standard joke for Aussie's. LOL
Answer: FAR too much!!! 😂
The contents are garbage in all the places so why would anyone pay 200000-350000???
4:30 She looks like a scammer!
Il be in pattaya n bangkok August , il stop by for a beer or a dozen mate
Awesome Deano, see you then.
wouldn't want one for free