ML
    • Recent
    • Categories
    • Tags
    • Popular
    • Users
    • Groups
    • Register
    • Login

    Should AJ Open Crazy AJ's?

    Scheduled Pinned Locked Moved Water Closet
    210 Posts 21 Posters 84.4k Views
    Loading More Posts
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes
    Reply
    • Reply as topic
    Log in to reply
    This topic has been deleted. Only users with topic management privileges can see it.
    • scottalanmillerS
      scottalanmiller
      last edited by

      I think that I pay about 40 Cordoba for two Victorias (the good beer, not the cheap beer) at the corner. That would be under $.90.

      1 Reply Last reply Reply Quote 0
      • scottalanmillerS
        scottalanmiller @hubtechagain
        last edited by

        @hubtechagain said:

        .... and charge how much per session at a chromebox?

        No idea there, will try to pay attention as I walk around town to see if anyone lists a price.

        1 Reply Last reply Reply Quote 0
        • H
          hubtechagain
          last edited by

          HOW MUCH PER HOUR?

          1 Reply Last reply Reply Quote 0
          • H
            hubtechagain
            last edited by

            ok thanks. you answered a bunch of questions i didn't ask. so i was needing that taken care o.f

            1 Reply Last reply Reply Quote 0
            • scottalanmillerS
              scottalanmiller
              last edited by

              This site, which is outdated, says $.75 to $1.50 per hour.

              http://www.cheapestdestinationsblog.com/2012/07/27/travel-prices-in-nicaragua/

              1 Reply Last reply Reply Quote 0
              • DashrenderD
                Dashrender
                last edited by

                LOL - I was thinking the charge would be around $1/hr.

                DashrenderD 1 Reply Last reply Reply Quote 0
                • H
                  hubtechagain
                  last edited by

                  For sure would have to sell coffee, maybe have a cafe with food etc. cause the potential earning of say 10/hr if computers stay booked isn't quite worth it. 🙂 though you could make your 10 K back eventually

                  scottalanmillerS 2 Replies Last reply Reply Quote 0
                  • scottalanmillerS
                    scottalanmiller @hubtechagain
                    last edited by

                    @hubtechagain said:

                    For sure would have to sell coffee, maybe have a cafe with food etc. cause the potential earning of say 10/hr if computers stay booked isn't quite worth it. 🙂 though you could make your 10 K back eventually

                    Every one that I know sells beer and rum.

                    1 Reply Last reply Reply Quote 0
                    • DashrenderD
                      Dashrender @Dashrender
                      last edited by Dashrender

                      @Dashrender said:

                      LOL - I was thinking the charge would be around $1/hr.

                      Without taking taxes into account, you're looking at needing to earn at least $2500 a month or 625 hours sold per week, minimum. Assuming you're open from 8 AM until 8 PM, your max income is $1008/week This doesn't take into account hiring another employee to help you run the shop, and be there on weekends (or whatever days you want off).

                      scottalanmillerS 1 Reply Last reply Reply Quote 0
                      • scottalanmillerS
                        scottalanmiller @hubtechagain
                        last edited by

                        @hubtechagain said:

                        cause the potential earning of say 10/hr if computers stay booked isn't quite worth it. 🙂

                        $20K a year is not that far off from what he was earning in the US. Earning that much with his own business in Nicaragua would be epic. Instead of earning half the normal US wage, he'd be earning 10x the local normal wage. He would not be rich, but he'd be able to live just fine.

                        I know a guy who lives nearby who is living here with only $40K in savings and no job. He's retired on $40K! He has to be frugal, but he is okay. He eats at the same restaurant that I do.

                        He's be just fine on $20K here.

                        1 Reply Last reply Reply Quote 0
                        • scottalanmillerS
                          scottalanmiller @Dashrender
                          last edited by

                          @Dashrender said:

                          Without taking taxes into account, you're looking at needing to earn at least $2500 or 625 hours sold per week, minimum.

                          You mean per MONTH.

                          DashrenderD 1 Reply Last reply Reply Quote 0
                          • scottalanmillerS
                            scottalanmiller
                            last edited by

                            $2,500 a month. I doubt that you would need that much even with all expenses. Why do you feel so high?

                            DashrenderD 1 Reply Last reply Reply Quote 0
                            • DashrenderD
                              Dashrender @scottalanmiller
                              last edited by

                              @scottalanmiller said:

                              @Dashrender said:

                              Without taking taxes into account, you're looking at needing to earn at least $2500 or 625 hours sold per week, minimum.

                              You mean per MONTH.

                              my mistake.. yes per month.

                              DashrenderD 1 Reply Last reply Reply Quote 0
                              • DashrenderD
                                Dashrender @scottalanmiller
                                last edited by Dashrender

                                @scottalanmiller said:

                                $2,500 a month. I doubt that you would need that much even with all expenses. Why do you feel so high?

                                because you just did the math to show that the expenses for 4 months would be $10,000. so that would be $2500 a month.

                                scottalanmillerS 1 Reply Last reply Reply Quote 0
                                • scottalanmillerS
                                  scottalanmiller @Dashrender
                                  last edited by

                                  @Dashrender said:

                                  because you just did the math to show that the expenses for 4 months would be $10,000. so that would be $2500 a month.

                                  That was the cost of setting up the entire shop PLUS four months expenses 🙂

                                  DashrenderD 1 Reply Last reply Reply Quote 0
                                  • DashrenderD
                                    Dashrender @Dashrender
                                    last edited by

                                    @Dashrender said:

                                    @scottalanmiller said:

                                    @Dashrender said:

                                    Without taking taxes into account, you're looking at needing to earn at least $2500 or 625 hours sold per week, minimum.

                                    You mean per MONTH.

                                    my mistake.. yes per month.

                                    not really a mistake - the $2500 was per month, and the 625 was per week (assuming $1/hr charge)

                                    1 Reply Last reply Reply Quote 0
                                    • scottalanmillerS
                                      scottalanmiller
                                      last edited by

                                      I'm guessing that shop rental plus utilities is around $700 or less. Maybe a lot less, might be $400. Might even be less than that. I see restaurants operating with one person in them for the whole evening. Nice, big places bigger than AJ would need. But let's be safe with $700. Then another $400 for rent (likely a lot less, but again, safety.) That's $1,100 + food each month. So likely at $1,300/mo he'd be in pretty good shape. Anything more than that and he is paying back his "startup" costs to himself.

                                      1 Reply Last reply Reply Quote 0
                                      • DashrenderD
                                        Dashrender @scottalanmiller
                                        last edited by

                                        @scottalanmiller said:

                                        @Dashrender said:

                                        because you just did the math to show that the expenses for 4 months would be $10,000. so that would be $2500 a month.

                                        That was the cost of setting up the entire shop PLUS four months expenses 🙂

                                        awww.. yeah I guess you're right, but it would be less than the $550 shop rent $500 house rent, food, depreciation on the equipment/desks, etc.

                                        OK you might need more like $1200 at the bottom, $1500 would be better.

                                        That's down to 300-367 hours a week.

                                        1 Reply Last reply Reply Quote 0
                                        • scottalanmillerS
                                          scottalanmiller
                                          last edited by

                                          At $1,300/mo that's only $44/day. Doable. Still tough, but doable. With computer time, beer sales, etc. it adds up.

                                          DashrenderD 1 Reply Last reply Reply Quote 0
                                          • DashrenderD
                                            Dashrender @scottalanmiller
                                            last edited by

                                            @scottalanmiller said:

                                            At $1,300/mo that's only $44/day. Doable. Still tough, but doable. With computer time, beer sales, etc. it adds up.

                                            Beer sales requires more startup costs so you can buy the beer. and electricity to keep it cold.

                                            scottalanmillerS 1 Reply Last reply Reply Quote 0
                                            • 1
                                            • 2
                                            • 3
                                            • 4
                                            • 5
                                            • 6
                                            • 7
                                            • 8
                                            • 9
                                            • 10
                                            • 11
                                            • 6 / 11
                                            • First post
                                              Last post