Doc67 wrote: ↑Tue Jun 01, 2021 8:13 am

Pseudonomdeplume wrote: ↑Mon May 31, 2021 3:47 pm When I had a bar, I stopped bar tabs, to the dismay of those it affected, with comments like "that doesn't mean me, right". Tabs are an added and unnecessary burden. Pensioners were forever behind. It is amazing how much month is left at the end of the money.
So, because a "no" hurt the petals' feelings, I said you give me $100 in advance and Ill give you $110 in drinks. $50: $5, $20: $1. To which a few said WTTE "what if I don't come back?" By the time they said that they must have known I was setting them up for "at least we are of the same mind-set."
It's tricky though because there were exceptions and with all the competition giving tick, you don't wanna lose customers, and the idea was they do have to come back. Or do they? The excuses were insulting.

There are a few bars in PP with similar schemes, although more generous. I think Ostro on 136/5 were doing $100 advance for a $150 credit. But they are more expensive than most to start with so the discount is built in.

Do bar owners who try to sell their bar expect buyers to acquire all the bar tabs at full value, or is there an accepted norm of, say 50% of book value?