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Archive for the 'Business' Category

Mar 19 2008

Hooters

Published by UltraYeah under Business

 Hooters

Hooters is an American restaurant best known for having female waiters and chicken wings. But honestly, who really goes for the wings? Most people go to Hooters, because its concept is based on female sex appeal.  

 

A great thing for this restaurant is that it scales its business: Not only do they have US operations, but they’re known internationally. Countries such as, Spain, Switzerland, Singapore, Korea and even China have Hooter restaurants. Their expasion isn’t a surprise, since they focus on female sex appeal and not food. If Hooters has gorgeous female staff, they can serve only water and bagels and they would still have customers. For them, it’s all about the quality of service.

 
Check out these Hooter girls in China; unfortunately, they aren’t as hawt as the Hooter girls in USA. Also,  I bet they get paid less than $300 a month, which is pretty sad.

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Mar 18 2008

Karaoke Business Part2

Published by UltraYeah under Business

I found some of the properties I was interested in leasing; the prices are far greater than I imagined. The one above is around 4200sq feet and rents for 50 dollars /sq feet annually; that’s around 20k a month IF you pay by a yearly rate. Get this, the lease doesn’t include maintenance, tax, or insurance; were talking about another 3k a month -at least- for those fees. But the great thing about this location is that thousands of people pass by daily: There are around 25,000+ people that live within an one mile radius. So if you can’t sell here, most likely you won’t sell anywhere.

I’m most likely not going to do start this business this year: I probably won’t get enough loans approved to pay for everything. My initial budget was around 400k, but with this change I’m budgeting closer to 700k. Another setback is that I’m not 21 years old, which means I can’t get a liquor permit. That’s very detrimental to my plan, because drinks bring in a lot of revenue; that’s why some clubs have no cover, they make their money off 4 dollar drinks–that they purchase for far less.
Oh well, I’m still going…

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Mar 12 2008

I’m Moving to Dubai

Published by NO under Business

So I decided I’m soon to be packing my bags for Dubai…wait…I have no money. Anyways, if I could I would. I was talking to my dad today and learned a lot about the people there.

 



 
Arabs are a strange people-in particular the wealthy ones. Apparently if they like you they will do anything for you…and when I say anything, I mean anything. Let me give you a couple examples:

 
He was telling me the story of my now deceased uncle. He lived one of the wildest lives, although not an honest life, it was nonetheless wild. He met one of the Saudi Princes, yeah, the oil guys, back in the day in London and became close friends with him. The prince left and after a couple months he decided he wanted my uncle’s company. So my uncle takes the next flight there and waits in a hotel…apparently you are not to call the prince once you are there, but to wait for him to remember you and ask for you. So after a few days he remembered he had asked for my uncle and called him. So they go out and party and just have a…

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