Hello boys and girls! I want to share with you what I learn by opening a coffee shop in Thailand. How much was it? And is it worth it? If you have any questions leave it in a comments below :)
Nice job! you guys are a great couple. My GF and I are toying with the idea of opening a cocktail bar in evening / Brunch in the day place in Thailand so this video has been really helpful! I'm a chef but have been doing market research for the past 17 years, kind of bored with that and keen to get back into F&B and make something from scratch. Thailand seems great vs. Singapore where I am now, as set up costs will be much much lower so if it does fail, we can just go back to our old jobs but at least we will have learned a lot and had fun!
I highly recommend doing that. If in thailand look for 3 main things- must have space for parking, must have atleast 20-40 seats, and cant just sell coffee - need food or drinks - because this way you can maintain income levels high. Good luck.
@@mascotgin thanks! Am thinking of serving tourists so will be more like Patong area so parking might not be necessary but the other 2 highly relevant! Was thinking 20 seats but might be a bit low. Be great to connect
maybe you should try to do something different, like bring something for free like a small biscuit,and be creative with presentation of your product. also give a better speed connection,something that for you is not too expensive but give some add to the customers.
Greetings,how are you able to work legally in Thailand ? It is my understanding that you need to open a company and hire a minimum of 4 Thai workers full time in order to obtain a work visa .Thank you for sharing .🙏
Hey J, a bit too late:D. Just opened the second cafe. ;D. At the moment, we are doing good without partners , but once we start working on 3rd will give you a shout :D
you calculated how much coffee you and your wife drank a day (7 cups) to breakeven. I would like to know how much can you drink and make a nice profit to live comfortably ?
To be fair, comfortable living - it all depends on a person. People have different life styles. So its hard to say. Me and my wife spend quite allot. But i say anything between 30k/bath -100k/bath.
You are suppose to have a work permit which you can probably not get for this kind of work not to mention the paperwork and expenses. It would be impossible in your business. Hopefully a blind eye is turned for you but obviously your competitors can use this against you.
@@vvdv3444 But it's in his wife's name and from the research I have done, it seems legal for a foreigner to open such a business in Thailand. Obviously would need to have the relevant permits to work etc.
@@russell3038 It is not legal unless you are an american and employ 4 people and get a work permit otherwise your wife owns it all and you are not allowed to really work in it.
hey brotha thanks for the great content. I’m actually planning on going for a little cafe myself in Thailand - anyway I can message you privately to connect with you sometime? cheers glad to hear your cafes doing well saw your other video!