Reply to: From Tat to Vino!

[fullyautomatix]

I hope mods will never ban you MF...

I agree, he should be made honorary life member of this forum with a 'no ban' rule imposed on his membership.

[fullyautomatix]

Only a total drunk would go and buy a wine shop in this climate. Mate of mine had a spanish wine import business for 20 years. Closed it last year because Tesco was selling wine at less than cost price.

[Lockhouse]

I spend £100 per month at a wine merchants who buy fine wine and store it on my behalf. I probably spend at least twce as much again at the supermarket buying plonk and beer.

[d000hg]

As someone already said, specialist booze is probably well suited for online. People who are buying specialist stuff are probably going to know what they're talking about as well. It's worth pointing out that supermarkets don't jut sell cheap plonk, a small one might but a proper supermarket has a wine section probably 3X as big as a typical wine shop. My tesco has a whole aisle for wine and about half an aisle for bottled ales (on top of the full aisle for lager and cheap bitter), plus probably a better selection of single malts than a wine shop would.

I am actually a member of a wine club but am not convinced it's any cheaper or better than Tesco.

As an aside, I'm pretty flabberghasted anyone can spend £25k a year on booze. In fact even £100/week is a lot to me, especially if we're talking a few years ago when prices were a fair bit lower. Unless we're talking champagne and £20 cocktails at trendy IB-fashionable (i.e awful) places.

[AtW]

Crkey! I agree with AtW.
Help

Of course you are - we don't want that kill switch activated now, do we?

[Zippy]

I don't think the shop front is really selling it to me. Couldn't you jazz it up a bit?

Crkey! I agree with AtW.
Help

[AtW]

I've only done one model so far but it doesnt look good.

So I've started on another one. This one is a ******* winner!!!

I hope mods will never ban you MF...

[MarillionFan]

So a simple P/L analysis based on your own figures that show that the venture is making a loss is not sufficient for you to make a decision?

Fancy buying some of these call options on SKA I have? Could be worth some thing one day.

I've only done one model so far but it doesnt look good.

So I've started on another one. This one is a ******* winner!!!

[HairyArsedBloke]

To be fair I'm actually deciding whether the existing business is viable to sustain their lease and would it be worth running an off licence if they didn't renew.

So a simple P/L analysis based on your own figures that show that the venture is making a loss is not sufficient for you to make a decision?

Fancy buying some of these call options on SKA I have? Could be worth some thing one day.

[shaunbhoy]

You know full well that my 90 year old gran knitted that jumper for me just before she was killed in that freak water skiing accident!

Anyway Val said he didn't like my slogan 'Richard Whiteley wore this nightly!'

[MarillionFan]

How about that other "Plan B" you were chatting about? The Val Doonican Jumper thing? That one you were sporting when we met up had a certain ambience it has to be said...........and Giles Brandreth......did he ever follow up on that order?

You know full well that my 90 year old gran knitted that jumper for me just before she was killed in that freak water skiing accident!

Anyway Val said he didn't like my slogan 'Richard Whiteley wore this nightly!'

[shaunbhoy]

Good advice. If I'd known it before I'd still be single, have no kids and not be going grey!

How about that other "Plan B" you were chatting about? The Val Doonican Jumper thing? That one you were sporting when we met up had a certain ambience it has to be said...........and Giles Brandreth......did he ever follow up on that order?

[Tingles]

I think it would be best to have a business which...

Doesn't need any stock.
Doesn't employ anyone.
Turnover around £70k odd (under VAT threashold) - 80% net profit - after two years.
Monthly residual income.
Customers pay in advance by standing order.
AND you can be in a contract at the same time!





T

[MarillionFan]

One last bit of advice MF - don't make the final decision after heavy drinking.

HTH

Good advice. If I'd known it before I'd still be single, have no kids and not be going grey!

[AtW]

One last bit of advice MF - don't make the final decision after heavy drinking.

HTH