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  1. #76
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    The old Shenanigans, renamed Robin Hood, was a good bar in a fine location but it died for several reasons: it was too big, it was too nice, the shopping mall in which it was sited died the moment Central Festival became a reality, the demographic of Brit prepared to pay reasonable prices in aircon splendour without whores fell out of bed and in order to frequent the place you had to climb stairs - anathema for any farang bar in Thailand.
    The best they could do with the Avenue is to demolish it and build another condo/hotel.

  2. #77
    hangin' around cyrille's Avatar
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    Quote Originally Posted by Fondles View Post
    @ 99b per breakfast would need to sell 86,000 to break even on the 250k USD purchase price assuming they are 100% profit that is.
    They won't of course only be selling breakfast, nor will the profit on it be anywhere near 100%

    But...umm...thanks anyway.

    I guess.

  3. #78
    Custard User stroller's Avatar
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    That flew straight over your head, eh simple.

  4. #79
    hangin' around cyrille's Avatar
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    It's an utterly pointless calculation.

    But hey, you're only here to annoy anyway.

    I get it.


  5. #80
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    Quote Originally Posted by cyrille View Post
    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.
    Quote Originally Posted by Butterfly View Post
    let me explain simply 100MB != 1GB RAM

  6. #81
    Custard User stroller's Avatar
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    ^
    agreed



    Quote Originally Posted by cyrille
    But hey, you're only here to annoy anyway.
    Hey, isn't that what they say about you?

  7. #82
    hangin' around cyrille's Avatar
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    Quote Originally Posted by Fondles View Post
    Quote Originally Posted by cyrille View Post
    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.
    Yeah, the f+b business in Pattaya is a tough game, no doubt about that. Loads of competition for a price sensitive market.

    True of Chiang Mai too...and if you do get to a point when you're starting to do well then the rent has a habit of going through the roof.

  8. #83
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    Quote Originally Posted by cyrille View Post
    and if you do get to a point when you're starting to do well then the rent has a habit of going through the roof.
    Which given the turnover of this particular venue those "rent adjustments" happens when the 3 year lease is due for renewal.

  9. #84
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    Quote Originally Posted by Fondles View Post
    @ 99b per breakfast would need to sell 86,000 to break even on the 250k USD purchase price assuming they are 100% profit that is.
    Your 86,000 number nearly hit a mark. This was something posted today on a Pattaya food group that I often look at by Simon;

    While your on Facebook try this. ... search Retox Breakfast
    The search results will give you an idea of the amount of "bahtbusters" we sell... here's a few facts and a fraction of reviewers photos
    98 baht Breakfasts now sold in 2 Retox locations
    Retox Lengkee and Retox Darkside
    Last week in just these 2 locations (in low season)
    We sold 1610 breakfasts. If we average that out and assume it's low season year round that's 87,000 breakfasts a year
    The most breakfasts we have sold in One day in Retox Lengkee. High season was 349 breakfasts

    Here's one myth i would like to dispel. Shite Ingredients? Absolutely fcking no way. We buy top quality ingredients from Prime Foods and swimpex. Best. Sausage , bacon , beans , bread from continental bakery. pg tips tea even.
    And Credit to all the staff. The 3 main staff have worked for us for 7 + years (how many breakfasts is that ?). They work extremely hard at it , every now and then yes they will get 1 wrong. Egg over cooked , undercooked ,beans too hot/cold , not enough, too many. Etc etc. Less than 1 % however
    It got me thinking ... forget the huge hotels breakfast buffets (that mainly are not actually English Breakfasts) Do we sell the most number of plated English Breakfasts in Thailand ?
    If not. Who Does ?


    And while we're talking breakfasts, here's one I have occasionally at a nice little place called The Sports Lounge which is quite close to home. Comes with tea/coffee/cappaccino/espresso but the price is up there, 99 baht . Just the right size for me on the way home from golf.
    Last edited by Headworx; 11-07-2017 at 01:38 PM.

  10. #85
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    Ohhh, so the RHT don't even sell 99b brekkies !!

    I'll bet both the Lengkee and Darkside joints are commanding a lot more than 8 million if they came onto the market.

    Unless one is purchasing a business freehold then one would be better standing at the oceans edge and tossing 1000b notes into it.

  11. #86
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    You're probably right. You better the land or don't bother because the more money you make the bigger target you represent

  12. #87
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    The Robin Hood is now off the market and is no longer for sale. The group have now purchased The Coins on Bukaow. I was in the RH on Friday morning for my breakfast about 11am and there was 5 customers including me. Without the 98 baht fry ups which the RH doesn't do they would be just another leaseholder of low season empty pubs.

  13. #88
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    Howdy all Newb here

    Member of secrets and Addicts for over 10 years
    New here

    I like the bar and the grub - then again am a aussie lol

  14. #89
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    Has that chain jumped on Nandos not being in Thailand?

    I saw an Indian place called Naando's that they must own. Doesnt look cheqp though

  15. #90
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    ^Yes Dill, they've set up camp in the old Bite Me Bistro location on 3rd Road (Bite Me is now operating out of the same premises again as of last week). The head chef was formerly at Country Favourites, which to me was the best Indian food in Pattaya by a long way. I haven't tried Nandos yet, but the reviews are all very good. It's not expensive, have a look at any if the Pattaya food groups on Facebook and their daily specials - which look excellent - are typically 300-400 Baht for 3 courses.

  16. #91
    Thailand Expat Dillinger's Avatar
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    They seemed expensive compared to the 99 baht breakfast

    To add...They do a great sunday carvery in that Retox

  17. #92
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    Some of the comments on here are hilarious ... respect all though fellas ����

  18. #93
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    I have eaten there a few times and enjoyed a 'Comedy Night' which sold out. Entrance fees, all seemed to be eating and enough staff to ensure quick refill kept the drink sales going. As a publican myself, i thought it was a slick operation.

  19. #94
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    Fuck in bullshite

    The second floor bar in avenue is fucking empty,
    Who ever has Bern running this location the last 10 years has lost alot.

    Every joint in pattis has a 90 bath brekkie, so what.
    Who on their right mind invest in this crap.
    Most places like theese are as a foreseable business as a relationship with a hooker.
    If Its a franchise, then you are all Linked in on business and admin, the design, the everything. These are not.
    I have been to two of these places, never again.
    This non consept is just a new Pattaya scam.

  20. #95
    Custard User stroller's Avatar
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    R U OK, mate?

  21. #96
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    Quote Originally Posted by capitane View Post
    Fuck in bullshite

    The second floor bar in avenue is fucking empty,
    Who ever has Bern running this location the last 10 years has lost alot.

    Every joint in pattis has a 90 bath brekkie, so what.
    Who on their right mind invest in this crap.
    Most places like theese are as a foreseable business as a relationship with a hooker.
    If Its a franchise, then you are all Linked in on business and admin, the design, the everything. These are not.
    I have been to two of these places, never again.
    This non consept is just a new Pattaya scam.
    So by that reckoning I take it I am a "scammer". Is that what you are saying ?

  22. #97
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    Quote Originally Posted by Dragonfly View Post
    Quote Originally Posted by Scottish Gary View Post
    In Patts we have Retox bars in Soi Lengkee, Soi Honey, the darkside and we also have the Robin Hood bar in the Avenue on second road which is part of the chain. I believe they are now looking at Cambodia.
    The mode of business is simple in the extreme. Fill the place with tv screens showing 24 hour sport and sell very cheap food ie 98b baht full English breakfasts.
    This chain has exploded over the last 2 years and they now have a monoply on Pattaya sports bars. I cant believe nobody has thought of this before.....sell em cheap and pack em in
    Before the customers were your loud drunken English chang vest holidaymakers but now the place is full of ex pats, Aussies, Dutch,German anyone really who likes sport and cheap grub.
    hum, sounds too good to be true, probably another British scam, create an impression of sucess to sell it back to some suckers couple of years later

    by the look of the Thai boxing "owner", definitely your typical petty British gangster
    Don't judge any book by its cover mate.

  23. #98
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    I have met Simon and Josh on a number of occasions and they seem very nice chaps.

    I give anyone that has a go in a very competitive market a lot of credit and also note a lot of similar eateries and bars are following their lead adopting similar ideas.

    I have heard a lot of positive stuff and a few bad reviews that only goes to show you cannot please everyone all the time.

    Good luck with it fellas!

  24. #99
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    It takes a lot of dedication to build a successful business, probably doubly so as a foreigner in Thailand. If its working, I'm sure its because the owners have worked very hard at making it success. The food industry ain't easy, that's for sure

  25. #100
    Thailand Expat terry57's Avatar
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    Quote Originally Posted by Simon Retox View Post

    So by that reckoning I take it I am a "scammer". Is that what you are saying ?

    Hang around for 5 minutes and you will be called much worse than that.

    The ultimate insult is being tarnished as a " Pom."

    Jesus Christ,

    That one always cuts me deep.

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