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Littlenige


Joined: 24/12/2006 Posts: 3594
Message Posted: 30/07/2007 09:54 | Join or Login to Reply | Message 1 of 34 in Discussion |
| English theme pub/bar for sale. Lapta area 10 year lease Seating for approximately 100 Good ex pat and tourist clientele Music license Pool table 3 draught beers Well kept garden area Reasonable monthly Rent Unique pub /bar with great potential for expansion Genuine enquiries Please contact Ben on +90 533 429 166 |
Clueless

Joined: 02/08/2007 Posts: 12
Message Posted: 02/08/2007 15:58 | Join or Login to Reply | Message 2 of 34 in Discussion |
| £100,000lease + £72,000rent + 40% to cover costs over 10 years = £240,000 / by 10 years = 24,000 / by 365 days = 66.00 X by 2.5YTL = 165YTL / by 4YTL for a beer = sell 41 beers a day Sounds like a good proposition to me! |
Littlenige


Joined: 24/12/2006 Posts: 3594
Message Posted: 03/08/2007 10:03 | Join or Login to Reply | Message 3 of 34 in Discussion |
| Well if you put it like that mandy it should go soon |
Clueless

Joined: 02/08/2007 Posts: 12
Message Posted: 03/08/2007 14:38 | Join or Login to Reply | Message 4 of 34 in Discussion |
| Littlenige Good Luck, if its the bar/restaurant that I think it is, it should sell very quickly, you still need to extend the car park to stop people parking on the main road and strolling up or worse still falling down. |
namus

Joined: 23/06/2007 Posts: 74
Message Posted: 03/08/2007 14:46 | Join or Login to Reply | Message 5 of 34 in Discussion |
| Is 4 YTL the profit on each beer? plus Upkeep maintenance improvement Wages supplies utilities insurance legal banking advertising 10% sundries etc etc Plus the reason for any business = profit. I should say cash as profit on paper is not very tangible. Anybody who claims they do not run a business for profit will go out of business and their goal will be fulfilled. I think you should count on more than 41 beers per day. More like 70 covers consuming a mixture of drinks and snacks to generate healthy profit on the lease/rent figures. Pub/bar is a tough business. Very profitable when handled correctly but can be quite the opposite. Notoriously difficult to obtain accurate trading figures due to the cash nature i.e. not everything declared. |
Clueless

Joined: 02/08/2007 Posts: 12
Message Posted: 03/08/2007 14:58 | Join or Login to Reply | Message 6 of 34 in Discussion |
| Ah! bless you Namus You see in my original figures there is 40% added to the initial take over price to um, cover costs 68,000.00 pounds over 10 years = 6,800.00 pounds a year My figures are also the break even costs and are not profit related, but obviously with the sale of beer comes the upselling, crisps, food, entrtainment ticket revenue, peanuts the list goes on. DECLARED |
namus

Joined: 23/06/2007 Posts: 74
Message Posted: 03/08/2007 15:29 | Join or Login to Reply | Message 7 of 34 in Discussion |
| Thank you Clueless, I like a good blessing. |
tonyhickey


Joined: 13/06/2007 Posts: 413
Message Posted: 04/08/2007 02:21 | Join or Login to Reply | Message 8 of 34 in Discussion |
| HARD WORK & HARD WORK HARD WORK & HARD WORK HARD WORK & HARD WORK HARD WORK & HARD WORK HARD WORK & HARD WORK HARD WORK & HARD WORK NO THANK YOU |
Middle Easter

Joined: 13/06/2007 Posts: 146
Message Posted: 06/08/2007 07:39 | Join or Login to Reply | Message 9 of 34 in Discussion |
| Clueless, Namus - you are both half right & half wrong Namus, although totally speculative, Clueless did include 40% for cost, as was pointed out. But you are quite right to question whether the 4 YTL was the profit on each beer, because its not. Clueless, whilst you state a highly estimated fixed costs, you then look to balance that figure to 'break even' through the sale of 41 beers a day. But the 4 YTL itself is made up of cost & profit, not just profit. Say cost (varibale cost) was 2YTL & profit 2YTL, 41 beers now equals 82 to 'break even', or maybe 90 (if you like a beer or 8 yourself), or maybe 120 if you actually want to make a profit.....so beware out there all you prospective bar owners, as tonyhickey says, it probably is harder work than you imagine |
essentepi1

Joined: 11/08/2007 Posts: 1
Message Posted: 11/08/2007 23:40 | Join or Login to Reply | Message 10 of 34 in Discussion |
| Has anyone have any bar or restaurant to sell? I am a buyer?!! Or do you want to go to partnership? in essenteppi area? email me. |
blackpoolrock

Joined: 28/08/2008 Posts: 24
Message Posted: 28/08/2008 20:27 | Join or Login to Reply | Message 11 of 34 in Discussion |
| Im also looking for a small bar/ cafe to buy. Anyone know of any going cheaply (under £50,000) ?? |
dalartokat

Joined: 14/04/2008 Posts: 734
Message Posted: 28/08/2008 20:40 | Join or Login to Reply | Message 12 of 34 in Discussion |
| So why has this bar gone up for sale? |
pilgrim


Joined: 11/05/2007 Posts: 1404
Message Posted: 28/08/2008 20:44 | Join or Login to Reply | Message 13 of 34 in Discussion |
| could be the 22dollar question |
brandy sour

Joined: 09/04/2008 Posts: 310
Message Posted: 28/08/2008 20:52 | Join or Login to Reply | Message 14 of 34 in Discussion |
| Not enough people going in to keep it a float ? |
cyprusishome

Joined: 31/03/2007 Posts: 2381
Message Posted: 28/08/2008 23:15 | Join or Login to Reply | Message 15 of 34 in Discussion |
| Does this mean that mine host did not actually sign over the place and B & L are still the legal owners??????? |
fire starter

Joined: 19/06/2008 Posts: 3401
Message Posted: 29/08/2008 00:17 | Join or Login to Reply | Message 16 of 34 in Discussion |
| by the time you pay the goverment tax you will be working for free. |
mickey rourke

Joined: 27/08/2008 Posts: 157
Message Posted: 29/08/2008 07:30 | Join or Login to Reply | Message 17 of 34 in Discussion |
| If you approach any of the Brit bar owners beleive me they will sell |
ripoffrock

Joined: 05/08/2008 Posts: 255
Message Posted: 29/08/2008 08:10 | Join or Login to Reply | Message 18 of 34 in Discussion |
| Can someone clarify which bar this is. Why all the cloak and dagger stuff. You make it sound like something from a Enid Blyton novel |
Lambousa Gordon

Joined: 03/11/2007 Posts: 1992
Message Posted: 29/08/2008 09:30 | Join or Login to Reply | Message 19 of 34 in Discussion |
| I think, if you look at the when messages 1 - 10 were posted (that is last year), that this thread originally related to the Stumble Inn. As you are probably aware, the Stumble has since changed hands. Blackpoolrock resurrected this thread (msg 11) a full year later with his enquiry looking for a bar/cafe to buy. |
cyprusishome

Joined: 31/03/2007 Posts: 2381
Message Posted: 29/08/2008 10:47 | Join or Login to Reply | Message 20 of 34 in Discussion |
| Oh bother!!!!!!! |
alsancakjack


Joined: 14/08/2008 Posts: 5762
Message Posted: 04/09/2008 23:10 | Join or Login to Reply | Message 22 of 34 in Discussion |
| What is your problem Nige, did you get permission to publish that e-mail address or are you yet again indulging in a passtime that you have complained of other people doing to you. Nothing like double standards my friend. AJ |
alsancakjack


Joined: 14/08/2008 Posts: 5762
Message Posted: 05/09/2008 00:01 | Join or Login to Reply | Message 23 of 34 in Discussion |
| Slip A man (woman?) after my own heart. AJ |
hector

Joined: 26/08/2008 Posts: 2352
Message Posted: 05/09/2008 00:06 | Join or Login to Reply | Message 25 of 34 in Discussion |
| Have to admit it doesn't seem the busiest bar on earth |
alsancakjack


Joined: 14/08/2008 Posts: 5762
Message Posted: 05/09/2008 00:17 | Join or Login to Reply | Message 26 of 34 in Discussion |
| Slip, not a good idea. Running a bar and providing an airport pick-up service probably will not work. Poor old Nige has already had one accident and he was stone cold sober at the time. ;-) AJ |
hector

Joined: 26/08/2008 Posts: 2352
Message Posted: 05/09/2008 00:21 | Join or Login to Reply | Message 27 of 34 in Discussion |
| And what's repeating yourself yourself a sign of? |
alsancakjack


Joined: 14/08/2008 Posts: 5762
Message Posted: 05/09/2008 00:31 | Join or Login to Reply | Message 28 of 34 in Discussion |
| I forgot to mention that Nige swerved to miss a dog and the dog was drunk. I think I have got that right. Sorry Nige you may be able to correct me on this one. AJ |
w26kay


Joined: 14/10/2007 Posts: 479
Message Posted: 05/09/2008 02:06 | Join or Login to Reply | Message 29 of 34 in Discussion |
| WOW Nige... thanks for the free advertising. x If ever you're in need of a good divorce lawyer ..... Fluent English/Turkish speaker. |
Chessman

Joined: 13/05/2008 Posts: 486
Message Posted: 05/09/2008 10:01 | Join or Login to Reply | Message 30 of 34 in Discussion |
| I cannot believe I am going to say this but I am in agreement with slipper 1's message 33! Perhaps my phraseology would be somewhat different but I share the sentiments. However, each to one's own. |
jakki


Joined: 23/10/2007 Posts: 865
Message Posted: 05/09/2008 10:43 | Join or Login to Reply | Message 31 of 34 in Discussion |
| <<< ditto >>> |
chick

Joined: 02/07/2008 Posts: 323
Message Posted: 05/09/2008 11:25 | Join or Login to Reply | Message 32 of 34 in Discussion |
| Slipper you are an idiot, but in saying that there is a lot of truth in what you rant. I agree Chessman. |
littlenige


Joined: 24/12/2006 Posts: 3594
Message Posted: 05/09/2008 13:12 | Join or Login to Reply | Message 33 of 34 in Discussion |
| Slipper. I reply with a little hesitation............ I do not know you and you have chosen as is your right to not disclose any details of yourself. 1) I was asked by the previous owners ben and liv to place the post r the bar being for sale. 2)why do people want to come to TRNC for and go to a english theme pub ? Answer because they miss a pub atmospher and there are not many if any cypriot bars as opposed to resteraunts. 3) you say ...what a foolish little man If you refer to me then you are entitled to your opinion. 4) you say ...a stupid english theme bar with football posters everywere,and big screen tv with a few big stinking fat pot bellied beer swilling football hooligans wearing dirty old football shirts bought in thailand off the sukhumvit road From this descripiton you have clearly not been in the place or viewed it on youtube, and fee happy insulting the customers that did go in, again you r choice. 5) The stumble was sold to a very nice man called mick . I hope this makes things a little clearer for you and I hope you have a really nice day. |
littlenige


Joined: 24/12/2006 Posts: 3594
Message Posted: 05/09/2008 13:24 | Join or Login to Reply | Message 34 of 34 in Discussion |
| humour is great as for spelling not a problem. Just glad I could clear things up . |
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