Gorgeous Bar sold!

When we all like to come out and play...
Bars, clubs and pubs oh my!
User avatar
Kuroneko
Expatriate
Posts: 3522
Joined: Thu May 15, 2014 11:18 am
Reputation: 654

Gorgeous Bar sold!

Post by Kuroneko » Sat Aug 20, 2016 4:01 pm

Gorgeous bar on street 5, between 130 and 118 street has been sold and the new owner is a Lynn.The new sign bearing her name will be up in the next 2 weeks. She is a nice lady and seems fairly switched on. She has made a few cosmetic changes to the outside, improved the feel of the place and made some staff changes. They open around 12pm and Angkor draft is 2000 Riel until 8pm and $1 thereafter. I think lady drinks are $3.
User avatar
jah steu
Expatriate
Posts: 353
Joined: Wed May 14, 2014 6:02 pm
Reputation: 133
Australia

Gorgeous Bar sold!

Post by jah steu » Sat Aug 20, 2016 5:10 pm

Let's say the rent is $800 a month. Draft beer costs $0.40 per 330ml mug. So when selling 50 cent draft beer the profit is $0.10 per mug. That's 8,000 draft beers a month, or around 250 a night to cover the rent. Salaries, electricity and all other costs still to be covered...
At Honeypot and Angry Birds bars we do about 60-80 mugs of draft a night.
Yes this is a very crude analysis and doesn't take into account any ladydrinks that the beer drinkers buy, but generally I've found that happy-hour beer drinkers just do that - drink cheap beer and buy very few ladydrinks.
But I genuinely wish Lynn good luck, street 5 is a difficult street for hostess bars. Domino bar closed, Peaches bar was sold, now Gorgeous bar is changing hands.


Sent from my iPhone using Tapatalk
Last edited by jah steu on Sat Aug 20, 2016 5:10 pm, edited 1 time in total.
Sent from embedded sub-cutaneous iPhone 9 using Tapatalk.
User avatar
bolueeleh
Expatriate
Posts: 4440
Joined: Fri Jan 29, 2016 12:39 am
Reputation: 813
Location: anywhere with cheap bonks

Re: Gorgeous Bar sold!

Post by bolueeleh » Sat Aug 20, 2016 5:17 pm

jah steu wrote:Let's say the rent is $800 a month. Draft beer costs $0.40 per 330ml mug. So when selling 50 cent draft beer the profit is $0.10 per mug. That's 8,000 draft beers a month, or around 250 a night to cover the rent. Salaries, electricity and all other costs still to be covered...
At Honeypot and Angry Birds bars we do about 60-80 mugs of draft a night.
Yes this is a very crude analysis and doesn't take into account any ladydrinks that the beer drinkers buy, but generally I've found that happy-hour beer drinkers just do that - drink cheap beer and buy very few ladydrinks.
But I genuinely wish Lynn good luck, street 5 is a difficult street for hostess bars. Domino bar closed, Peaches bar was sold, now Glamorous bar is changing hands.


Sent from my iPhone using Tapatalk
if u hv beautiful ladies im sure there will be more LD sold, thats why the biz model of hostess starts in the first place, but nowadays all i see r girls sitting n looking at their phones
Money is not the problem, the problem is no money
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: No registered users and 26 guests