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How credited is it to OWN a restaurant/bar?

And bartend at it. Credited way to meet girls?
.,,,......,.,..  06/24/12
fairly credited, but if you don't know the business you will...
A large black boot stamping the faces of shitlibs  06/24/12
Work your ass off just to add to the like 80% 5-year failure...
..,.,.,.,.,.,.,.,,,,,...,.,.,.  06/24/12
I never got that stat. So what? 98% of people didn't get a ...
,..,.,.,,,,...,  06/24/12
wut
A large black boot stamping the faces of shitlibs  06/24/12
but dude, you can't just... work for yourself, bro. *puf...
Highly Coordinated Teams Of Women  06/24/12
u can still make bank for 5 years and close it when it becom...
..,,.,..,,...,...,  06/24/12
That's the typical business cycle. Immediately start out by ...
.,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.  06/24/12
...
wishiwerntapostr  06/24/12
lol
cauear  06/24/12
Would you name it using a series of punctuation marks?
Jimmy Pop  06/24/12
PUMO actually sounds trendy AND cool bro
,..,.,.,,,,...,  06/24/12
Pumo would be a fucking great name.
wishiwerntapostr  06/24/12
not that cr I'd imagine, have to work an absurd amount if yo...
hank_scorpio  06/24/12
A classy bar would be nice. I'd hate to own an actual restau...
Leisurely Seizure  06/24/12
basically being sam malone would be great
hank_scorpio  06/24/12
Yeah, that would be nice.
Leisurely Seizure  06/25/12
Is a bar an easier business than a restaurant? The markups o...
michael yidd-killchrist  06/24/12
Greetings, 1. love the moniker 2. bar are pretty cool ...
.....;;;.;;.;;;;.......;;.;;..  06/24/12
it's super easy bro. i don't know why you aren't doing it ri...
JSTOR  06/24/12
Cause I've got bigger plans: http://www.xoxohth.com/threa...
michael yidd-killchrist  06/24/12
pretty credited, and you can bang the bartenders too
.....;;;.;;.;;;;.......;;.;;..  06/24/12
What kind of start up capital required for opening a bar is ...
,..,.,.,,,,...,  06/24/12
not too much. who cares? you make it back in the 1st year an...
JSTOR  06/24/12
I've got to imagine rent is fucking absurd
hank_scorpio  06/24/12
do it in a college town bro
.....;;;.;;.;;;;.......;;.;;..  06/24/12
Figure 100-200K for liquor license alone.
imnidiot  06/25/12
Greetings, TX liquor license is under $7K/yr.
Mance Gaydar  06/25/12
In fact, dooberstein shoud just own a restaurant. Biglaw mon...
JSTOR  06/24/12
Why don't more senior associates who wash out of Biglaw with...
,..,.,.,,,,...,  06/24/12
(michael clayton)
..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.  06/24/12
True.
wishiwerntapostr  06/24/12
lol, this is my situation. no way should you sink your life ...
cauear  06/24/12
bars are better investments than restaurants. also most plac...
A large black boot stamping the faces of shitlibs  06/25/12
well, you should work in a couple bars for a year before you...
cauear  06/25/12
completely agree bro
A large black boot stamping the faces of shitlibs  06/25/12
not at all. restaurants/bars are financial time bombs.
.,.,...,..,.,.,:,,:,.,,,:::,.;,.,:,.,.:.:.,:.::,.  06/24/12
honestly though, this is a much better idea outside of a dec...
hank_scorpio  06/24/12
i dunno man. i'm from a small town and the turnover on mom a...
.,.,...,..,.,.,:,,:,.,,,:::,.;,.,:,.,.:.:.,:.::,.  06/24/12
I'm talking just a bar, I'm from a smallish town, and up unt...
hank_scorpio  06/24/12
finding the right market is key. most places have a shitload...
A large black boot stamping the faces of shitlibs  06/25/12
Saw the same thing in the Poortown, USA where I grew up. Th...
,,,,,,,,.,.........,,,,,,,,,.,.,.  06/25/12
Now the guy's got Paulie as a partner. Any problems, he goes...
wishiwerntapostr  06/24/12
I'm probably the only person here who has actually owned bot...
A large black boot stamping the faces of shitlibs  06/24/12
you can't get good enough insurance to avoid drunk driving i...
hank_scorpio  06/25/12
insurance is an absolute must, but it's expensive as hell, a...
A large black boot stamping the faces of shitlibs  06/25/12
what if you have a mandatory i.d. checking policy, as i ...
.....;;;.;;.;;;;.......;;.;;..  06/25/12
yeah, the problem is that most of the time you want to serve...
A large black boot stamping the faces of shitlibs  06/25/12
Seems awful.
.,.,..,,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.  06/25/12
Greetings, (Furious pro-Rick's trolling)
Mance Gaydar  06/25/12


Poast new message in this thread



Reply

Date: June 24th, 2012 10:46 PM
Author: .,,,......,.,..

And bartend at it. Credited way to meet girls?

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20951921)



Reply

Date: June 24th, 2012 10:48 PM
Author: A large black boot stamping the faces of shitlibs

fairly credited, but if you don't know the business you will almost certainly fail.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20951933)



Reply

Date: June 24th, 2012 10:47 PM
Author: ..,.,.,.,.,.,.,.,,,,,...,.,.,.

Work your ass off just to add to the like 80% 5-year failure rate.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20951928)



Reply

Date: June 24th, 2012 10:49 PM
Author: ,..,.,.,,,,...,

I never got that stat. So what? 98% of people didn't get a 170 LSAT. The average XOer did.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20951941)



Reply

Date: June 24th, 2012 10:50 PM
Author: A large black boot stamping the faces of shitlibs

wut

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20951945)



Reply

Date: June 24th, 2012 11:08 PM
Author: Highly Coordinated Teams Of Women

but dude, you can't just... work for yourself, bro.

*puff puff*

that's like... too hard, man.

*puff*

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952095)



Reply

Date: June 24th, 2012 11:08 PM
Author: ..,,.,..,,...,...,

u can still make bank for 5 years and close it when it becomes unprofitable

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952102)



Reply

Date: June 24th, 2012 11:29 PM
Author: .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.

That's the typical business cycle. Immediately start out by making bank and put in years of hard work while watching your sky high profits dwindle to nothing.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952283)



Reply

Date: June 24th, 2012 11:30 PM
Author: wishiwerntapostr



(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952293)



Reply

Date: June 24th, 2012 11:57 PM
Author: cauear

lol

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952549)



Reply

Date: June 24th, 2012 10:50 PM
Author: Jimmy Pop

Would you name it using a series of punctuation marks?

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20951949)



Reply

Date: June 24th, 2012 10:57 PM
Author: ,..,.,.,,,,...,

PUMO actually sounds trendy AND cool bro

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952032)



Reply

Date: June 24th, 2012 11:30 PM
Author: wishiwerntapostr

Pumo would be a fucking great name.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952297)



Reply

Date: June 24th, 2012 10:58 PM
Author: hank_scorpio

not that cr I'd imagine, have to work an absurd amount if you added bartending to it, you'd be there until 5 in the morning going over reciepts and inventory and shit

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952034)



Reply

Date: June 24th, 2012 11:06 PM
Author: Leisurely Seizure

A classy bar would be nice. I'd hate to own an actual restaurant though.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952088)



Reply

Date: June 24th, 2012 11:08 PM
Author: hank_scorpio

basically being sam malone would be great

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952101)



Reply

Date: June 25th, 2012 12:00 AM
Author: Leisurely Seizure

Yeah, that would be nice.



(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952579)



Reply

Date: June 24th, 2012 11:11 PM
Author: michael yidd-killchrist

Is a bar an easier business than a restaurant? The markups on liquor are high, and I rarely see bars close down. OTOH I can think of a million things that would be a pain about it.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952133)



Reply

Date: June 24th, 2012 11:14 PM
Author: .....;;;.;;.;;;;.......;;.;;..

Greetings,

1. love the moniker

2. bar are pretty cool to own, just get good insurance coverage. and dram shop laws are very owner friendly. get a closed circuit camera system if you really want to cya. sit back enjoy, get wasted everyday while you bartend, and bang a bunch of chicks in your back office

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952162)



Reply

Date: June 24th, 2012 11:14 PM
Author: JSTOR

it's super easy bro. i don't know why you aren't doing it right this fuckin minute.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952170)



Reply

Date: June 24th, 2012 11:16 PM
Author: michael yidd-killchrist

Cause I've got bigger plans:

http://www.xoxohth.com/thread.php?thread_id=1978786&mc=2&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952190)



Reply

Date: June 24th, 2012 11:11 PM
Author: .....;;;.;;.;;;;.......;;.;;..

pretty credited, and you can bang the bartenders too

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952138)



Reply

Date: June 24th, 2012 11:14 PM
Author: ,..,.,.,,,,...,

What kind of start up capital required for opening a bar is a decent area Ina primary city?

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952163)



Reply

Date: June 24th, 2012 11:15 PM
Author: JSTOR

not too much. who cares? you make it back in the 1st year anyway

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952176)



Reply

Date: June 24th, 2012 11:15 PM
Author: hank_scorpio

I've got to imagine rent is fucking absurd

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952177)



Reply

Date: June 24th, 2012 11:54 PM
Author: .....;;;.;;.;;;;.......;;.;;..

do it in a college town bro

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952529)



Reply

Date: June 25th, 2012 4:49 PM
Author: imnidiot

Figure 100-200K for liquor license alone.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20955608)



Reply

Date: June 25th, 2012 5:03 PM
Author: Mance Gaydar (no limit Greetings)

Greetings,

TX liquor license is under $7K/yr.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20955709)



Reply

Date: June 24th, 2012 11:16 PM
Author: JSTOR

In fact, dooberstein shoud just own a restaurant. Biglaw money, w/o ever having to outline for torts.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952187)



Reply

Date: June 24th, 2012 11:23 PM
Author: ,..,.,.,,,,...,

Why don't more senior associates who wash out of Biglaw with 300-400k in savings just do this? Seriously. This sound highly credited if your 33 and didn't make partner.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952237)



Reply

Date: June 24th, 2012 11:31 PM
Author: ..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.

(michael clayton)

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952305)



Reply

Date: June 24th, 2012 11:32 PM
Author: wishiwerntapostr

True.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952310)



Reply

Date: June 24th, 2012 11:59 PM
Author: cauear

lol, this is my situation. no way should you sink your life savings into a biz that almost always fails and which you know nothing about. odds are you'll be 5 years older, totally broke, with a ruined resume.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952571)



Reply

Date: June 25th, 2012 12:02 AM
Author: A large black boot stamping the faces of shitlibs

bars are better investments than restaurants. also most places fail because the owners are morons.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952599)



Reply

Date: June 25th, 2012 12:05 AM
Author: cauear

well, you should work in a couple bars for a year before you give it a shot.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952625)



Reply

Date: June 25th, 2012 12:06 AM
Author: A large black boot stamping the faces of shitlibs

completely agree bro

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952628)



Reply

Date: June 24th, 2012 11:24 PM
Author: .,.,...,..,.,.,:,,:,.,,,:::,.;,.,:,.,.:.:.,:.::,.

not at all. restaurants/bars are financial time bombs.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952245)



Reply

Date: June 24th, 2012 11:25 PM
Author: hank_scorpio

honestly though, this is a much better idea outside of a decent city, go to some growing small town and set up shop and you can have a lot more stability if you don't fuck up the entry

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952257)



Reply

Date: June 24th, 2012 11:34 PM
Author: .,.,...,..,.,.,:,,:,.,,,:::,.;,.,:,.,.:.:.,:.::,.

i dunno man. i'm from a small town and the turnover on mom and pop stuff is incredibly high. there are a handful of restaurants that have been around for 50+ years and about 10x as many that have failed within 5 years. it's not a good business to be in. you're better off franchising a taco hell or some shithole like this.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952336)



Reply

Date: June 24th, 2012 11:58 PM
Author: hank_scorpio

I'm talking just a bar, I'm from a smallish town, and up until about 10 years ago there were no non shady bars, the few that have opened up have been in business for over a decade with no signs of slowing down, they're just literally all that's available

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952563)



Reply

Date: June 25th, 2012 12:00 AM
Author: A large black boot stamping the faces of shitlibs

finding the right market is key. most places have a shitload of competition

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952576)



Reply

Date: June 25th, 2012 2:36 AM
Author: ,,,,,,,,.,.........,,,,,,,,,.,.,.

Saw the same thing in the Poortown, USA where I grew up. There was a bar on the main street that was originally called something like Dave & Al's that would close down every two years or so and open up again as Dave & Jim's or Dave & Dan's. Dave owned the property and would convince some other guy he could run a bar after the previous guy failed. There were a few places that were around for decades, but a lot more that we're revolvIng doors of failed mom and pops. It's probably grown a lot harder with the proliferation of outdoor malls full of chain casual dining restaurants.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20953371)



Reply

Date: June 24th, 2012 11:33 PM
Author: wishiwerntapostr

Now the guy's got Paulie as a partner. Any problems, he goes to Paulie. Trouble with a bill, he can go to Paulie. Trouble with the cops, deliveries, Tommy, he can call Paulie. But now the guy's got to come up with Paulie's money every week. No matter what. Business bad? Fuck you, pay me. Oh, you had a fire? Fuck you, pay me. The place got hit by lightning, huh? Fuck you, pay me. Also, Paulie could do anything. Especially run up bills on the joint's credit. And why not? Nobody's gonna pay for it anyway. And as soon as the deliveries are made in the front door, you move the stuff out the back and sell it at a discount. You take a two hundred dollar case of booze and you sell it for a hundred. It doesn't matter. It's all profit. And then finally, when there's nothing left, when you can't borrow another buck from the bank or buy another case of booze, you bust the joint out. You light a match.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952324)



Reply

Date: June 24th, 2012 11:59 PM
Author: A large black boot stamping the faces of shitlibs

I'm probably the only person here who has actually owned both a bar and restaurant. Owning a restaurant is way more of a pain in the ass as far as daily bullshit and thin margins but bars have far more potential to ruin you because of drunk driving deaths, fights, theft, etc.

If you don't have experience working in a bar or restaurant you will not survive unless you're very lucky.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952573)



Reply

Date: June 25th, 2012 12:00 AM
Author: hank_scorpio

you can't get good enough insurance to avoid drunk driving issues?

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952577)



Reply

Date: June 25th, 2012 12:02 AM
Author: A large black boot stamping the faces of shitlibs

insurance is an absolute must, but it's expensive as hell, and lots of guys have still been ruined after they get sued for 10 million dollars or whatever.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952595)



Reply

Date: June 25th, 2012 12:46 AM
Author: .....;;;.;;.;;;;.......;;.;;..

what if you have a mandatory i.d. checking policy,

as i was typing "and you don't serve anyone who is visibly drunk" , i realized how that is a problem if you own a bar

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952898)



Reply

Date: June 25th, 2012 12:49 AM
Author: A large black boot stamping the faces of shitlibs

yeah, the problem is that most of the time you want to serve the visibly drunk because if you didn't a) people would get pissed off and not come back b) if you stop serving drunk people you don't have the cash to operate; the entire game is based on serving drunk people c) it's still a he said she said situation where they claim they were overserved and you say they weren't.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952932)



Reply

Date: June 25th, 2012 12:15 AM
Author: .,.,..,,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.

Seems awful.

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20952699)



Reply

Date: June 25th, 2012 4:57 PM
Author: Mance Gaydar (no limit Greetings)

Greetings,

(Furious pro-Rick's trolling)

(http://www.autoadmit.com/thread.php?thread_id=1978769&forum_id=2#20955672)