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For Sale/Rent Bar on Avenida Sexta (Cali)

This bar has been in buisness for like 5 years.The owner(North American) is asking 80 million pesos to sell the buisness.To rent the buisness would be 3.5 million pesos per month.

copy and paste link to view photos

http://www.picturetrail.com/gallery/view?p=999&gid=16824412&uid=5831975&members=1

By arthur brode on Jun 14, 2007, 20:38 in Buy, Sell & Rent.

arthur brode (☼Travelguide writer) says on Jun 14, 2007, 20:42:

for more info. contact arthurbrode at aol.com .

http://www.calirentals.net/

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Miguel_Clavo says on Jun 14, 2007, 20:53:

Damn! So that is where my donated Sombrero wound up!!! Just my opinion...

Miguel_Clavo =)....Colombia es pasión!

"I would rather die living life, than to live a dying life."

"I would rather die living life, than to live a dying life."........ Oh, and my PM is always ON. Great Bumper Sticker: "Home of the Free, Because of the Brave"

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arthur brode (☼Travelguide writer) says on Jun 14, 2007, 21:15:

jaja... .

http://www.calirentals.net/

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cayita says on Jun 15, 2007, 04:40:

Why is he selling?

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arthur brode (☼Travelguide writer) says on Jun 15, 2007, 06:18:

he is moving .

http://www.calirentals.net/

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Waterdawg says on Jun 15, 2007, 09:01:

Bogota ? You still flying in this month ?

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Tom says on Jun 15, 2007, 09:36:

if I'm not wrong thats the same Bar at the corner which a Gringo bought or rent a few month ago, right ?

hasta la vista

hasta la vista

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arthur brode (☼Travelguide writer) says on Jun 15, 2007, 10:12:

Waterdawg I was in and out of Bogota on the sixth.Couldnt take the cold any longer.I got my Visa renewed in record breaking time.Next time the beer is on me.

Tom,this Gringo has owned the Bar for about a year.Its located on the corner of 15th and Sexta(La Pesebrera)The previous owner was Colombian.

http://www.calirentals.net/

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cayita says on Jun 15, 2007, 10:29:

Only a gringo would pay a rent of 3.500.000 a month in cali for a place he could own in less than two years for the same money, 23 months and it is yours. How is that rent justified when the value of the place is only 80.000.000?

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robi666 (Trustee board) says on Jun 15, 2007, 10:35:

Cayita It is 700.000 for the place and the rest for "vacuna".

what we do in life... echoes in eternity.

"I am a citizen of the most beautiful nation on earth. A nation whose laws are harsh yet simple, a nation that never cheats, which is immense and without borders, where life is lived in the present."

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arthur brode (☼Travelguide writer) says on Jun 15, 2007, 10:40:

the 3.5 million per month is negotiable. Aministration 300,000/month
Utilities 400,000/month
Rent 1.2 million/month
1 million/month for the owner
and 200,000 pesos per month for me!!

http://www.calirentals.net/

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robi666 (Trustee board) says on Jun 15, 2007, 10:50:

So... If we are not wrong we are down to (300 + 400 + 1200) 1.900.000 per month! And it is just on the Internet, not even talking... WOW!
Arthur, do you experience frequent nightmares at night or you just smoke too much? ;-)

what we do in life... echoes in eternity.

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arthur brode (☼Travelguide writer) says on Jun 15, 2007, 11:02:

robi,i dont smoke or experience nightmares You forgot to add the 1 million pesos/month the owner requires for himself and my 200,000/month.So you are up to 3.1 million pesos per month.Like i said the 3.5 was NEGOTIABLE.And iam even willing to accept 100,000 pesos per month as my Realtor commission fee.So that would bring the rent down to 3 million pesos per month

http://www.calirentals.net/

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robi666 (Trustee board) says on Jun 15, 2007, 11:07:

Wait Arthur, so for 80millions he's selling only the business, not the bar itself, right? So we can understand...
Now it is more reasonable. The 3.5 rent is for the place, utilities and the business...
So: he's asking 80 million pesos to sell the buisness.To rent the business would be 1.1 million pesos per month.
what we do in life... echoes in eternity.

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arthur brode (☼Travelguide writer) says on Jun 15, 2007, 11:10:

Correct,robi he is selling only the buisness

http://www.calirentals.net/

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Waterdawg says on Jun 15, 2007, 14:19:

Send data ...lol Drop me a line and tell me what you had to give the govt. this time !

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Adribabe says on Jun 15, 2007, 16:16:

im reliably informed the business is not doing well. Dont go near it.

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calipro says on Jun 15, 2007, 17:44:

arthur brode I told my wife to go and take a look at the bar tonight. I already know she would never hang out any where on avenida sexta but if she managed the bar what do you think she would take home in a month.

She already spends at least 3.1 million a month and the only thing she has to do is sit around watch novelas and scratch her pussy all day.

So if I give the 3.1 to you instead and she has to do a little work what do you think the net profit would be in a month?

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arthur brode (☼Travelguide writer) says on Jun 15, 2007, 20:49:

jaja calipro according to the owner during high season it does 6 million pesos per month.during low season 3 million/mo.

http://www.calirentals.net/

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arthur brode (☼Travelguide writer) says on Jun 15, 2007, 21:04:

some more pics of the bar http://www.picturetrail.com/gallery/view?p=999&gid=16824412&uid=5831975&members=1

http://www.calirentals.net/

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pedro (☼Travelguide writer) says on Jun 15, 2007, 21:50:

My post from a month ago about this place Pesebrera
Is Pesebrera the bar on the corner of Sexta and cll 15 with the cowgirl uniforms?

We had a rip off experience there on the weekend. We were drinking Club Colombia beer from the bottle. The first round of beers were fine. When we ordered the second, two of the bottles had beer that was obviously watered down. You could see it clearly from the colour, and we could taste the watery taste. I am guessing it was half beer and half water.

When we brought it to the waitress' attention, she muttered some lame excuse about "oh yeah, if the beer freezes sometimes it gets like that", and then replaced the two watered down bottles with the real thing.

Arthur, if you happen to know the manager, it might be useful if you brought that to his attention.

By pedro at Tue, 05/08/2007 - 22:49 | edit | reply

que nota!

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arthur brode (☼Travelguide writer) says on Jun 15, 2007, 21:57:

thanks pedro.i will let him know .

http://www.calirentals.net/

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Frank Rizzo says on Jun 15, 2007, 22:53:

I love that bulls head on the wall!!!!!

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arthur brode (☼Travelguide writer) says on Jun 16, 2007, 03:49:

ok,i have some inside info. the owner is willing to go down as low as 65 million pesos on the sale price of the Bar.Animate!

http://www.calirentals.net/

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aztec says on Jun 16, 2007, 06:19:

calipro, Can you tell us why not? "I already know she would never hang out any where on avenida sexta"

I remember my visit about 15 years ago. The street seemed to be the hot area for those active, young and beautiful adults.

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calipro says on Jun 16, 2007, 10:35:

My wife thinks the people that hang out in the clubs and on Avenida Sexta are low class.

Nobody with more than a few pesos in their pockets hangs out there anymore. I haven't gone to Ave. Sexta in years....well since two gringos that I know of got in a cab off of Sexta and got the ATM tour of the city.

You know where a friend of the cab driver show up with a gun and they take you to all the ATM's untill your money runs out. The tour only lasts one to two hours if you are lucky but they tell me it's very exciting.

Actually I think the main reason I never go there is because there is no reason to go. There are just so many much nicer places to hang out now.

I recommend this website if you don't know where to go:

http://www.entretenete.com/fotos.php?busqueda=cali

OR

http://cali.us1.2night.com/home.asp

Click on the pictures to see more photos of a particular place. The photos won't give you a good idea of what the atmosphere is like ,but they will give you a good idea of the type of cliental that frequents the establishment.

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spigrimace says on Jun 16, 2007, 10:51:

3 to 6 millones Is that sales or net profit?

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calipro says on Jun 16, 2007, 11:03:

spigrimace I sure hope it's net profit.

Nobody would pay 3.1 million just to break even, plus work for a month.

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spigrimace says on Jun 16, 2007, 11:13:

I ask because A lot of bars here in Medellin with around 10 tables only do like 6 or 7 millones a month in sales and they ask now about 30 millones for them.

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arthur brode (☼Travelguide writer) says on Jun 16, 2007, 17:08:

spigrimace the owner says thats the net profit

http://www.calirentals.net/

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aztec says on Jun 17, 2007, 09:58:

calipro, was the area that bad... ...when I was there? Perhaps I was just too naive and new to Colombia to recognize the situation.

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calipro says on Jun 17, 2007, 10:31:

Ten years ago it wasn't that bad... They have tried to clean it up but their are still quite a few street walkers on Avenida Sexta.

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arthur brode (☼Travelguide writer) says on Jun 17, 2007, 10:44:

the owner says that he can down to 2.5 million on the rent .

http://www.calirentals.net/

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griffbos says on Jun 17, 2007, 13:13:

Arthur I hate to say this but it is starting to sound like a fire sale , rent reduced from 3.5 mill to 2.5, sale price from 80 to 65.

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arthur brode (☼Travelguide writer) says on Jun 17, 2007, 13:56:

atleast its being reduced usually prices are raised when foreigners are involved.ask the owner of this bar.he paid 150 million for it!

http://www.calirentals.net/

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