Tuesday, June 22, 2010

Restaurants & Bars in PJ & KL

I have recently noticed restaurants & bars to be mushrooming all over the place especially in the Klang Valley region up to the extent I would definitely pass at least one every 2-3 minutes of my driving around here. The irony of it all - most of these outlets are almost full if not overflowing with patrons, especially in high density areas. What the hell!!??
What is the story here??? Do people really have that much money to blow and kick off in this particular industry or is there a trick to this? I so wanted to know the secret and I definitely did not want to miss the ship... It seemed so intriguing and yet attractive...
After much study and nosing around, here goes...
Through my journalistic inquisitiveness, I had managed to compile the average age for the owners of most of the restaurants & bars around KL & PJ - between 30 and 45. Where the hell do this young people get the money you might ask?
Parents - some of them, heritage - some of them, savings - minority, investments - majority.
Aha, investments! Which particular one you might ask??? Good question but no worries as I think I have the answer to this... ;-b
Snoop Dog says one word - PROPERTY!!! Yes, believe it or not, that is the major contributor! Simple maths, buy apartment for 200k, sell it for 300k, profit about 80k after the miscellaneous deductions and all. Then take the 80k and find 2 other partners who can share up to equal investment for the business and wallah... Totals to 240k - more than enough to start up a decent restaurant & bar...
Next question, why restaurant & bar? Hmmm... I think it is pretty straightforward and simple. We eat and drink when we are doing good, we especially drink when we are doing bad - be it from an emotional or economic point of view! This has always been the case since the days of Camelot per say... As the poem goes:

For every wound, a balm.
For every sorrow, a cheer.
For every storm, a calm.
For every thirst, a beer.

So true, eh...?

I realised, human beings (incuding me) in general are willing to go broke over drinks. When I say drinks, I actually mean alcohol consumption, ya...? Don't confuse it with juices (being precise now) :-)
Why do we go so far as to torture our pockets for alcohol?
Though often not thought of as a drug, alcohol is one of the most abused drugs in the world. The rate at which alcohol is consumed is alarming. I am not being a hypocrite as I do consume alcohol myself, sometimes excessively, but this is so true. ;-p
I suppose it is also because alcohol in a manner is a depressant due to the case of what it does to the body. It does not make you depressed but it relaxes those who enjoy relaxation. Unfortunately, people abuse it when depressed to numb the pain of their daily problems and manifest the characteristics of an alcoholic. You do the maths, I shall not elaborate on this.
Lols!!! But, following the above, it is no wonder bars are mushrooming all over the place because it is pretty obvious most of us are still in with the trend... Boozing!
Well, I was thinking... If everyone joins this cruise of investing in bars and becomes millionaires, what next??? I doubt millionaires would be nothing but average earners in the near future. What say you?
When the mothers of current time start asking their children of their goals and they begin to dream of being a billionaires instead - through the food & beverage business? Hmmm... I wonder... Let's ponder over this...
Cheers, mates!!! I could not resist it! Lols!!!

2 comments:

  1. Very true on the part that we, human beings, will eat and drink, whether its good times or bad times. I also think that (and this is a pretty obvious thing) investments made in restaurants & bars is one way to make money out of sorrow and delight.

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  2. aha... well said my friend... :-) but, the world can be even more cruel than that. don't you think?

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