How to start a Restaurant/Bar in Taiwan

A resource forum for those interested in buying, selling, or developing a business; for questions about retirement plans; investing and basically any aspect of acquiring, keeping and increasing one's personal stash of filthy lucre.

Moderator: Charlie Phillips

Re: How to start a Restaurant/Bar in Taiwan

Postby ichbinjenny » 30 Apr 2012, 15:51

stare wrote:Agreed West district is the most difficult to open up in. Having said that, it is the place that everyone wants to be. All the new residences are there and it's ridiculous to think that people will travel across town to go out for a drink.

Sports bars in Taichung, in my opinion, are few and far between. The only one I can think of is The Londoner. As for Taiwanese owned I can't think of any. There used to be FUBAR but we all know what happened to them.

I do think it is possible and can be done but the location is the most important part. There is the location where FM is located. They have been shut for quite some time now, I think it's been about 8 months. From what I understand they are trying to get themselves a new license that will allow them to operate as a bar and restaurant. If you pass by FM and take a peek in the window you'll see that everything is there chairs, tables and even all the alcohol is on the shelves. I would love to have an opportunity to open a place there. It seems like the last place in the West District that could potentially allow a bar to open.


That is not even the West District; that is XiTuen bordering on NanTuen.
ichbinjenny
Chinese Class Dropout (Zhōngwén kè zhōngchuòshēng)
Chinese Class Dropout (Zhōngwén kè zhōngchuòshēng)
 
Posts: 761
Joined: 03 Aug 2004, 11:31
29 Recommends(s)
7 Recognized(s)



Re: How to start a Restaurant/Bar in Taiwan

Postby Enigma » 02 May 2012, 03:40

I would first and foremost look at ability to do so. Resteraunts/pubs have nearly a 90% failure rate within 5 years. Are you sure you want to buck those odds?
Also, what credentials do you have here? A big consideration so I am sure you must have considered the issue.
Next, is it just you, or a you and a local partner? If a partner is involved, just kiss your a. goodbye.
I'll forget to mention menu, portions, shopping at 5 am, working until 4 am and paying off the local wogs whilst you get underway.
Man! A wet blanket, I am. Or a realist? You decide.
Enigma
Time to Marry a Local (gāi qǔ tái wān lǎo pó jià tái wān lǎo gōng liǎo)
Time to Marry a Local (gāi qǔ tái wān lǎo pó jià tái wān lǎo gōng liǎo)
 
Posts: 2281
Joined: 07 Dec 2004, 17:02
Location: South on 3, Tuchen exit, in pursuit!
15 Recommends(s)
10 Recognized(s)



How to start a Restaurant/Bar in Taiwan

Postby headhonchoII » 02 May 2012, 13:59

I wouldn't be into opening a full service restaurant or late night bar. I'm sure there are more simple operations that can potentially make money.
I can remember the fourth of July runnin' through the backwood bare.
And I can still hear my old hound dog barkin' chasin' down a hoodoo there
Chasin' down a hoodoo there.
headhonchoII
Maitreya Buddha (Mílèfó)
 
Posts: 12374
Joined: 26 Aug 2002, 10:40
Location: Taipei
1573 Recommends(s)
574 Recognized(s)



Re: How to start a Restaurant/Bar in Taiwan

Postby Puppet » 11 May 2012, 04:00

stare wrote:Agreed West district is the most difficult to open up in. Having said that, it is the place that everyone wants to be. All the new residences are there and it's ridiculous to think that people will travel across town to go out for a drink.

Sports bars in Taichung, in my opinion, are few and far between. The only one I can think of is The Londoner. As for Taiwanese owned I can't think of any. There used to be FUBAR but we all know what happened to them.

I do think it is possible and can be done but the location is the most important part. There is the location where FM is located. They have been shut for quite some time now, I think it's been about 8 months. From what I understand they are trying to get themselves a new license that will allow them to operate as a bar and restaurant. If you pass by FM and take a peek in the window you'll see that everything is there chairs, tables and even all the alcohol is on the shelves. I would love to have an opportunity to open a place there. It seems like the last place in the West District that could potentially allow a bar to open.


But you can't legally open a bar in the West District in Taichung.
Forumosan avatar
Puppet
Street Dog Chaser (zhuīgǎn liúlàng gǒu)
Street Dog Chaser (zhuīgǎn liúlàng gǒu)
 
Posts: 1254
Joined: 06 Nov 2006, 18:14
Location: Changhua
60 Recommends(s)
31 Recognized(s)



Re: How to start a Restaurant/Bar in Taiwan

Postby Puppet » 11 May 2012, 04:28

headhonchoII wrote:I wouldn't be into opening a full service restaurant or late night bar. I'm sure there are more simple operations that can potentially make money.


Yes. But realize it's a lot harder than it sounds. I'm putting together my business plan for a pub and there are so many things you don't think about.
--Taxes, Insurance, Licenses
--Do you hire employees? At what point? Full time or part time? If you hire them and business sucks, where will you get the $$ from? If you don't hire them and business is good, how will you handle the overflow? You might get a percentage of people that won't touch your shop unless a cute 19 year old skinny girl is serving drinks. You might also hire that person and customers harass her. Is that her job and she should suck it up? Or do you decide that's not what you want at the bar?
--Menu? And how much each item costs vs. price.
--What is different about your bar? This is key. All the bars in Taichung (when it had them) all had unique things about them.
--Marketing. Remember here, you may only be thinking of foreign audience, but then your bar will fail. No matter what, Taiwanese will be the main source of income. How do you reach that target?
--Cost of upgrading or creating the bar. Realize most bars that are closed in Taichung are not usable as bars now. A friend of mine just moved his bar and I asked about the price of the actual bar itself and the shelves behind it. His reply: About $250,000 NT. Now, he had it custom made exactly how he wants it, but if you're just looking to rent out a space and serve drinks on card tables, that place is going to suck.
--Initial inventory. What do you need and how much of it?
--How will you handle certain types of customers? Someone comes in with a group of people and orders a bottle of Jack Daniels. Do they pay as they go or do you run the risk of them leaving without paying?

A huge reason bars fail is largely because of the bright-eyed idea they bring. A person starts a bar thinking, "I wish I had a place like Cheers, where people hang out and drink all day and night." Then people look at markup on the product. Bars and pubs have huge markups on their product. Every time I consider a drink and look at my cost vs. my income on said drink, my lungs skip a beat. I have to remind myself that pouring or mixing drinks is such a small part of the bar business.

If you're serious about this, those are just the initial questions to start to plan out. Trust me, so many more questions will come up as you plan. What's more, the start up cost is staggering.

This post was recommended by Enigma (12 Jun 2012, 15:48)
Rating: 5.88%
Forumosan avatar
Puppet
Street Dog Chaser (zhuīgǎn liúlàng gǒu)
Street Dog Chaser (zhuīgǎn liúlàng gǒu)
 
Posts: 1254
Joined: 06 Nov 2006, 18:14
Location: Changhua
60 Recommends(s)
31 Recognized(s)



Re: How to start a Restaurant/Bar in Taiwan

Postby ceevee369 » 14 May 2012, 12:41

Enigma wrote:I would first and foremost look at ability to do so. -------- working until 4 am -----.



Sarge, I presume you have read the following Article regarding Taichung's extreme difficult approach on any bars / restaurants yes ?
Might help you to prepare better.

http://www.taipeitimes.com/News/feat/ar ... 2003528635
I’m a dog shaped ashtray
I’m a shrugging moustache wearing a speedo tuxedo
I’m a movie with no plot, written in the back seat of a piss powered taxi
I’m an imperial armpit, sweating Chianti
I’m a toilet with no seat, flushing tradition down
I'm socialist lingerie
I'm diplomatic techno
I'm gay pastry and racist cappuccino
I’m an army on holiday in a guillotine museum
I’m a painting made of hair, on a nudist beach, eating McDonald's
I’m a novel far too long
I’m a sentimental song
I’m a yellow tooth waltzing with wrap around shades on

Who am I?
I am Europe
Forumosan avatar
ceevee369
Lost Winning Lotto Ticket (zhòngjiǎng cǎiquàn nòngdiū le)
Lost Winning Lotto Ticket (zhòngjiǎng cǎiquàn nòngdiū le)
 
Posts: 2950
Joined: 27 Feb 2005, 16:27
Location: Linkou Heights
50 Recommends(s)
27 Recognized(s)



Re: How to start a Restaurant/Bar in Taiwan

Postby micheleru » 08 Jun 2012, 15:43

Check this out:
http://www.escapeartist.com/efan/taiwan.htm
maybe taizhongders know even more of what reported!
micheleru
Memorized My Password (gāng jìhǎo zìjǐ de mìmǎ)
 
Posts: 39
Joined: 08 Jul 2011, 16:05
Location: Dulan
1 Recognized(s)



Re: How to start a Restaurant/Bar in Taiwan

Postby Puppet » 15 Jun 2012, 12:14

micheleru wrote:Check this out:
http://www.escapeartist.com/efan/taiwan.htm
maybe taizhongders know even more of what reported!


Not familiar with them, but a great read.
Forumosan avatar
Puppet
Street Dog Chaser (zhuīgǎn liúlàng gǒu)
Street Dog Chaser (zhuīgǎn liúlàng gǒu)
 
Posts: 1254
Joined: 06 Nov 2006, 18:14
Location: Changhua
60 Recommends(s)
31 Recognized(s)



FRIENDLY REMINDER
   Please remember that Forumosa is not responsible for the content that appears on the other side of links that Forumosans post on our forums. As a discussion website, we encourage open and frank debate. We have learned that the most effective way to address questionable claims or accusations on Forumosa is by engaging in a sincere and constructive conversation. To make this website work, we must all feel safe in expressing our opinions, this also means backing up any claims with hard facts, including links to other websites.
   Please also remember that one should not believe everything one reads on the Internet, particularly from websites whose content cannot be easily verified or substantiated. Use your common sense and do not hesitate to ask for proof.
Previous




Proceed to Money



Who is online

Forumosans browsing this forum: No Forumosans and 6 visitors

The tragedy of life is not that it ends so soon, but that we wait so long to begin it -- UNKNOWN, sometimes attributed to W.M. Lewis