Now its good to have dreams of "if I won the lottery" etc and this isn't a counter to what's happening in the "What their money isn't good enough?" thread, but more towards in my case a specific pipe dream by said dreamer.
Thursday night he held a one off event at a local, but wrong end of town, night club. It cost him
£100.00 for the club
£170.00 to hire a DJ to come all the way from Manchester, a DJ from a late bar he freqented when he was visiting his family in a near by village
£whatever the DJ equiptment cost as the DJ only used the club he worked at gear and didnt have his own.
all in all £350-400
He got the takings of the door and the club the bar, once he got his flyers (free from his uncle) he was handing em out and leaving em at various places like take aways and the local YMCA.
Come the night no cometh the people, I was the only one in around 10pm and it wasn't till gone 11 that we got our only real customers in after his mate who was working on the unused cloakroom left some at a nearby bar. They closed at 11 and the few that were left came here to continue drinking.
Me and his mate were pleased for him that someone paid to get in (aside from myself) but he no way near made a fraction of his money back £40 tops and although we can't say 100% what went wrong
the location being too far for a casual glance compared to town centre
the location itself doesn't advertise itself or future events, not even a website
the timing, a thursday night or so soon after christmas and new years
etc
The guy running it said he should try again and the DJ did express an interest in an easter thursday, but hey, hes getting paid even if no one shows up.
now this isnt the pipe dream, going again learning from mistakes or even knowing what really was the main detractor are things that can be fixed.
no.
Turns out the club is on the market for £120,000 leasehold (would explain the current management not advertising via the web) and he started a what if convo via IM
Fine and dandy if you accept the fact that you will never get the money together, he has credit card debt up to his eyeballs and iir I've posted that he's paying only a token quid a month and his mother now controlls his finances.
Even if he, myself and his friend could formulate a business plan and be equal share holders with a business loan it's not something that should be taken lightly, none of us would be able to give up our day jobs and would have to change our shifts to be off the weekend, that or go to our other jobs with little to no sleep (11am my current start time, I'd be screwed working at 6am, one of the reasons I've only been to 3 night clubs in 12 months is the fact that I probably did work 6am most weekends), it says the gross (I think gross is before deductions I always get them two mixed up) can be £180,000PA, it doesn't mean you would be financially in the clear within the first year.
As I said re the one night event, even with flyers etc, its just the wrong end of town and never really looks open when I pass some weekends, they closed for a time not so long before or after I moved down here due to not having a valid licence, which means one or all of us would have to take the courses needed or hire someone with them.
Expence after expence after expence
Couple in the attic would be more suited for this in a way, he has a valid door licence and she working in a pub knows more about that side of the bar than we do and is more suited to gaining the qualifications needed to sell booze.
£12k split between 10 equal share holders, £6k for 20, at a push I could do £6k for a 20th stake, no way could I get 10% and I don't know anyone who could get enough people interested and or qualified to run it.
Yet I'm sure for the next few weeks its going to crop up in conversations, but short of winning at least that ammount on the lottery (which I don't play) this is only going to be a pipe dream I will bore of very quickly.
Thursday night he held a one off event at a local, but wrong end of town, night club. It cost him
£100.00 for the club
£170.00 to hire a DJ to come all the way from Manchester, a DJ from a late bar he freqented when he was visiting his family in a near by village
£whatever the DJ equiptment cost as the DJ only used the club he worked at gear and didnt have his own.
all in all £350-400
He got the takings of the door and the club the bar, once he got his flyers (free from his uncle) he was handing em out and leaving em at various places like take aways and the local YMCA.
Come the night no cometh the people, I was the only one in around 10pm and it wasn't till gone 11 that we got our only real customers in after his mate who was working on the unused cloakroom left some at a nearby bar. They closed at 11 and the few that were left came here to continue drinking.
Me and his mate were pleased for him that someone paid to get in (aside from myself) but he no way near made a fraction of his money back £40 tops and although we can't say 100% what went wrong
the location being too far for a casual glance compared to town centre
the location itself doesn't advertise itself or future events, not even a website
the timing, a thursday night or so soon after christmas and new years
etc
The guy running it said he should try again and the DJ did express an interest in an easter thursday, but hey, hes getting paid even if no one shows up.
now this isnt the pipe dream, going again learning from mistakes or even knowing what really was the main detractor are things that can be fixed.
no.
Turns out the club is on the market for £120,000 leasehold (would explain the current management not advertising via the web) and he started a what if convo via IM
Fine and dandy if you accept the fact that you will never get the money together, he has credit card debt up to his eyeballs and iir I've posted that he's paying only a token quid a month and his mother now controlls his finances.
Even if he, myself and his friend could formulate a business plan and be equal share holders with a business loan it's not something that should be taken lightly, none of us would be able to give up our day jobs and would have to change our shifts to be off the weekend, that or go to our other jobs with little to no sleep (11am my current start time, I'd be screwed working at 6am, one of the reasons I've only been to 3 night clubs in 12 months is the fact that I probably did work 6am most weekends), it says the gross (I think gross is before deductions I always get them two mixed up) can be £180,000PA, it doesn't mean you would be financially in the clear within the first year.
As I said re the one night event, even with flyers etc, its just the wrong end of town and never really looks open when I pass some weekends, they closed for a time not so long before or after I moved down here due to not having a valid licence, which means one or all of us would have to take the courses needed or hire someone with them.
Expence after expence after expence
Couple in the attic would be more suited for this in a way, he has a valid door licence and she working in a pub knows more about that side of the bar than we do and is more suited to gaining the qualifications needed to sell booze.
£12k split between 10 equal share holders, £6k for 20, at a push I could do £6k for a 20th stake, no way could I get 10% and I don't know anyone who could get enough people interested and or qualified to run it.
Yet I'm sure for the next few weeks its going to crop up in conversations, but short of winning at least that ammount on the lottery (which I don't play) this is only going to be a pipe dream I will bore of very quickly.
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