Originally Posted by
cyrille
It's an utterly pointless calculation.
But hey, you're only here to annoy anyway.
I get it.
So given 3 year leases and an investment of 8 million baht that's a shit load of turnover needed so as not blow the initial outlay, let alone make a profit.
The Avenue opened 10 years ago and Robin Hood Tavern is the 3rd (or is it 4th) business to take over this location.
Am curious as to why that is. It is either a shit overpriced location that is difficult to turn a profit in or those 3 year (renewable) lease are not really all that renewable.
If it was my 8 million I would spend it elsewhere.