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moving to San Pedro

Posted By: bernieA

moving to San Pedro - 08/26/13 10:34 AM

Hello everyone, I am a Canadian planning on moving to San Pedro this winter. I am looking to find a small bar that my wife and I can operate. Someplace that is not doing so well that the owners want out. Does anyone know of such a place? Does anyone know anything about the Royal Caribbean Sports Bar that is presently for sale? Thanks for your help, Bernie
Posted By: The Inventor Guy

Re: moving to San Pedro - 08/26/13 11:47 AM

What do you's do now?
Posted By: bernieA

Re: moving to San Pedro - 08/26/13 03:00 PM

I am basically retired. I owned and managed food and beverage establishments in Canada for over 30 years. I started out as a general contractor-built a restaurant and managed it for 10 years. I then built a golf course (25 years ago) with a restaurant and managed it for 20 years. I sold out, relaxed for a few years now I want to do something different-somewhere different.
Posted By: The Inventor Guy

Re: moving to San Pedro - 08/26/13 03:15 PM

Sounds like you are definitely well versed in the game. I was not so lucky. Lost my shirt on Vancouver Island. Competition is everywhere on this Island. But for something to do.....why not?
I'll help if I can. [email protected]
Posted By: Wizardofaahs

Re: moving to San Pedro - 08/26/13 05:55 PM

If you want to DO something different,somewhere different, probably should NOT consider buying a bar or restaurant in Belize.

To be marginally successful on the island you should research what is really Needed by the majority of people living on the the island (Note: Not Tourist Dependent/Related) and figure out how to provide that service.

Some bars on the island have traded hands at least a dozen times in a few years. If you buy an existing bar, you are bailing out an unsuccessful bar owner who made a bad decision and now he's passing it on to you.

Use the search feature and see how many have posted similar greetings....and see if they are even on this board any longer.
Posted By: Judyann H.

Re: moving to San Pedro - 08/27/13 08:19 PM

bernieA....An experienced San Pedro Real Estate agent once told me....When a business if for sale here it is because of one of two reasons; either the owner is broken or the business is broken....Simply do your homework, there are many successful businesses in this community where the owners are retiring or moving on.....I recommend contacting Travelman1....He knows the commercial real estate community quite well....And with your experience in the food & beverage industry you might find some real success here.....Good Luck!
Posted By: bernieA

Re: moving to San Pedro - 08/28/13 10:39 AM

Thanks Judyann, in my experience in and around the industry, I have found that if the business is broken it is usually because the owner is broken. A lot of people who fail in this business do so because they do not realize they need to humble themselves to service their hard to come by customers.
I tried to find Travelman1 and could not. Do you have a link?
Posted By: Inplub

Re: moving to San Pedro - 08/28/13 11:32 AM

We had a Thai Restaurant on the Island for over three year, we had to sell and move on for two main reasons. 1 Education for our three children and to take care of a over 80 years old mother. The people that bought the property ran the business into the ground.

We are planning on coming back to reopen, there are other reasons why people have to sell and not just the one's stated above.

Always find out how long the business has been in business and that will tell you what you need to know.

John and Thipaya.
Posted By: ScubaLdy

Re: moving to San Pedro - 08/28/13 02:15 PM

John - you are missed! Yes, you ran a good business and it would be nice to have you back. Everytime I look at my growing Lemon Grass I think of Thipaya.

What always surprised me is when someone buys a successful business then changes the name - menu - decor. All you are really buying is a name and some equipment; otherwise just open a new place.
Posted By: Judyann H.

Re: moving to San Pedro - 08/29/13 01:53 AM

Ooops sorry Bernie A....Try this link to his user info www.ambergriscaye.com/forum/ubbthreads.php/users/5452/TravelinMan1.html
Posted By: Inplub

Re: moving to San Pedro - 08/29/13 11:03 AM

Very wise words Harriette.
Posted By: Lan Sluder/Belize First

Re: moving to San Pedro - 08/29/13 12:02 PM

John and Thipaya, you folks did a great job with Thai food. Hope it works out for you to reopen on the island.
Posted By: Judyann H.

Re: moving to San Pedro - 08/29/13 02:15 PM

Inplub....My apologies if the statement I made offended you....We really enjoyed your old place and hope you return to recreate a little piece of Thailand here.....However, the idea of the statement was to imply; a change for the owners or a change for the business as motivating the sell. In your case it was a change for the owners.....Sometimes it's retirement, sometimes health....However, as a buyer I would be more interested in a business for sale that has an owner life change than a business that needs change.....We'll look forward to seeing you around again....In addition I hope this helps other readers and business opportunists looking our way.....We enjoy new neighbors....
Posted By: Inplub

Re: moving to San Pedro - 08/29/13 06:05 PM

Judyann I am sorry if you thought I was getting at you, I agree with you, people have to look very carefully at a business for sale . It is hard to find the real reasons why a place is for sale, most people tend to believe that it is loosing money.

While I was helping my father-in-law in Thailand I helped him in the morning putting the deck chairs out on the beach. After a while he stopped, I asked if he wanted me to put more out on my own. He looked at me and said "NO". I thought a while and asked why not, his answer was, " More chairs = more people, more people = more work". His last words were "I do not need more work".

It took some time until it sank in, and that was why we only had 6 tables, we did not want more work. I owe a great deal to my father-in-law for his words of wisdom. Some business need lots of customers others do not.

We lived well for a family of 5 and the most important fact was we enjoyed San Pedro and the people there. We were sad that we had to give up that way of life, but our children did and will all ways come first. Now they have grown up and received the best education we could give them, it is now time to come home.
Posted By: reaper

Re: moving to San Pedro - 08/29/13 09:58 PM

Your kids aren't all grown up now! Say it isn't so!

One of our favorite evenings ever was Kristine's birthday dinner we had at your place. So much food, so delicious! I didn't eat for a week:)

Now back on the subject. There are a lot of pirates in Belize, they all just don't have wooden ships and steel cannons anymore:)
Posted By: Judyann H.

Re: moving to San Pedro - 08/30/13 12:04 AM

Yes Reaper you're right about the pirates.....However many of them still drink Rum... smile
Posted By: Ernie B

Re: moving to San Pedro - 08/30/13 08:20 AM

Look under "Realestate Agents" smile
Posted By: Inplub

Re: moving to San Pedro - 08/30/13 11:31 AM

Inrek is now 19, 20 in Jan, he will be staying here and going to University, Angela will be 17 on 9-11 and Philip is 13 and thinks he is 23.

I believe Inrek was only 11 when he and Thipaya both did their first jump.

Now back to the subject. Or parrots on their shoulders. LOL
Posted By: ScubaLdy

Re: moving to San Pedro - 08/30/13 02:46 PM

John - when you come back put in at least two more tables. LOL
Posted By: Inplub

Re: moving to San Pedro - 08/30/13 04:24 PM

Harriette I think you may have missed the point of my Father-in-Law we do not need more work. I was thinking of taking 2 tables out. LOL

When I left the British Army in 1989, I went to London to attend a business course. The course was taught by Professors of Business Studies from Oxford and Cambridge.

The first question they asked us was “Who would like lots of customers” We all said we do.

The answer came back “No you do not, what you need to run a good business is a few good customers”.
Posted By: ScubaLdy

Re: moving to San Pedro - 08/30/13 07:01 PM

John - I totally agree - I was pulling your leg!
Posted By: Inplub

Re: moving to San Pedro - 08/30/13 09:19 PM

Good one Harriette.
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