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having spent some time in the family owned bar business i can tell you that it isn't a job or a business - it is a life. unless you are blessed to find the one in a million manager who only accepts top notch staff who feel that the bar is a family, not just a job - you will be there all the time.
if you have employees like most places do, you will be there when it opens and still be there when it closes. |
Option 2, plus shut up and keep working for the rest of us.
Unless you can buy a block of flats outright, and put up with the hassles of stuff that breaks all the time and deadbeats who refuse to pay. |
Marry money and do all three. ;)
Rental property can drive you nuts trying to find people to do the repairs/maintenance, that are reliable and affordable. Doesn't England have odd liquor laws, like the hours you can open, and container sizes. Nevermind, they wouldn't be odd to you, would they. :smack: When the economy tanks, the very rich are still rich and the rich are still wealthy. High end houses will still sell. Quote:
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I'd have to go with the nightclub.. sure the risks are high and you have to deal with many many more variables/employees (I don't know if you have much experience in running a bar/resturaunt, but it can be quite a bit of a pain in the ass), however! people always want to drink, and if you set up something they can't get anywhere else... and keep it running consistantly, the profit margin is much much higher, and in theory if you wanted to sell it eventually the return can be quite a bit higher.
ps. good luck |
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