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Hostess bars make good money.
Posted: Mon Sep 15, 2014 2:13 am
by UKJ
I just read that popular hostess bars can make a net profit of $4k - 6k a month in high season, and $1k - 3k in low season. What are normal lease terms though?
What about bars with food? Anyone know what they could expect to make in a half decent location?
Re: Hostess bars make good money.
Posted: Mon Sep 15, 2014 4:22 am
by General Mackevili
I think the key here is "popular" bars.
I'm guessing most hostess bars lose money in low season.
Paging Jah Stu....
Re: Hostess bars make good money.
Posted: Mon Sep 15, 2014 4:33 am
by Garry.Crabtree
If they are so lucrative why hasn't someone opened up a new one up and called it " GASHPOINT" then?
Re: Hostess bars make good money.
Posted: Mon Sep 15, 2014 6:19 am
by Cowshed Cowboy
Last trip I was sat with a friend and his girlfriend having beers streetside at a well known lounge/hostess bar with the female owner of the establishment who is a friend of theirs. She was counting out a serious wedge of $100 bills from her bulging purse and said it was rent time and mentioned the figure involved, I was staggered. I'd been in there a few times and it was clear their attempt at revamping this extremely large and reasonably done up joint was failing miserably. She owns a couple of others I believe which are successful and I guess they must subsidise this one. I note that it was mentioned as one that was up for sale rather unsurprisingly.
It would be quite interesting to see a league table of all hostess bars revenues and net profits, and even the regular bars frequented by most of us. I wonder what would be considered the most successful bar in PP.
Hostess bars make good money.
Posted: Mon Sep 15, 2014 6:30 am
by jah steu
I would guess the most successful hostess bars in terms of profits would be Rose Bar and Airforce in 104, Oasis and 69 Bar in 136, and Golden Vine in 108.
I don't know about non-hostess bars but FCC, Pontoon and Slur Bar must make good money.
You can often tell by looking at the owner's car parked ostentatiously out the front - Range Rovers, Hummers, and top end Lexus.
Re: Hostess bars make good money.
Posted: Mon Sep 15, 2014 6:52 am
by General Mackevili
jah steu wrote:
You can often tell by looking at the owner's car parked ostentatiously out the front - Range Rovers, Hummers, and top end Lexus.
Re: Hostess bars make good money.
Posted: Mon Sep 15, 2014 7:05 am
by JBTrain
UKJ wrote:
What about bars with food? Anyone know what they could expect to make in a half decent location?
Ha!! you beat me...
Re: Hostess bars make good money.
Posted: Mon Sep 15, 2014 7:13 am
by General Mackevili
LoL! ! It was too fitting! ! !
Re: Hostess bars make good money.
Posted: Mon Sep 15, 2014 8:20 am
by chkwoot
They are so profitable, and the owners are so wealthy, that they can sell their bars just to help others get wealthy too! True altruism! Just look at Rory's; for a mere $150K, you too can become a high-rollin fat-cat! The Cambodian dream.
Re: Hostess bars make good money.
Posted: Mon Sep 15, 2014 8:25 am
by chkwoot
For those who don't know: the moto is the bar owner's, and the car is owned by the CEO of Ezecom.