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Old 08-03-2011, 09:14 AM
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Re: Bangkok Field Report

Quote:
Originally Posted by 138mm View Post
Yup yup. my fren told me still have to pay rental. I think like wise too (when got take over biz and no need to pay rent one). He told me his GF took over the cafe as per existing condition. Does he need to do some minor renovation. that I didnt ask him. But I want to find out more from him since his going to visit his GF like 2-3 times a month. Gonna fish out more info.

My latest info from him when talked to him this evening.... the 1st day took in 40k bht. I did a quick math and that could well bring in 1.2mln bht a month. Wah.... so good? So I quickly asked him. how many staff. he told me currently is his GF runs it with 1 waitress and 2 chef. with a rental of 25k bht/mth. gonna fish out more like staff salary, cost of food/day and electrical & water bill.
Daily takings of 40K baht and taking over fee only 300K baht??? Quite impossible if you ask me as the ex-owner will be losing a lot of money in this transaction.
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