http://blackbeardsadultresort.com/hi...hfs/index.html
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http://blackbeardsadultresort.com/hi...hfs/index.html
Checked the place out when I was in Costambar 9 years ago. I did not realize BB is only 13 years old. I thought it was around a lot longer than that... Changing times...changing business plans.
Wondering how this portends for my upcoming August 22rnd day stay? I'm guessing it will be listed for a long long time given the way DR real estate tends to sit. Any ideas??
Quote:
Originally Posted by minkyboodle
at 2.7 million USD I would think it will be for sale for along time.
Quote:
Originally Posted by Blackbeards
Yeah they did ! ! ! :king: :king: :king:
My God did I love this place ! ! ! It was that hot tub man . . . THE best parties of my life ! ! !
http://news.insearchofchicas.org/for...e7b6c2683b.jpg
http://news.insearchofchicas.org/for...fbc12adc8e.jpg
http://news.insearchofchicas.org/for...4f0bf1e26b.jpg
http://news.insearchofchicas.org/for...4f0ba90315.jpg
http://news.insearchofchicas.org/for...50210b7965.jpg
I loved BB back in the day
BB's-- where it all started for many of us. I would guess when it finally sells, it will become a different sort of establishment, but who knows. This should be good for FOD (if they're still around)
My very first day on my first trip to DR and first bikini contest.
After my 3rd, I had all but 2-3 chicas from this line up.
http://news.insearchofchicas.org/for...2&d=1340464129
at least two of them are still there.Quote:
Originally Posted by el toro
And you have been ruined for life ever since! :rofl: :rofl: :rofl:Quote:
Originally Posted by el toro
Got dat right Smooth! lol.Quote:
Originally Posted by Mr. Smooth
I did quick math so excuse if i am off by a few thousand. Standard hotel occupancy is 63%. So lets say that it is 63% for the year, If you charge $50/night, they had 22 rooms, you will only generate $252,945/year. If you charge $75/nt it will generate $379,417.5, and $100/nt would generate $505,890.
Just in renting the room it will take atleast 5yr+ years to break even (not considering upgrades, taxes, staff, maintenance, etc)
I havent stayed they. For those that have stayed there, outside of whores, and the room fees, at average what have you spend on food and drink there?
Would the average customer spend $100-$150 nt?
2.7mil sounds rough
I think that's the key right there. This isn't a "standard hotel". I've never stayed there, but from what I've read, a lot of times guys stop by and the hotel doesn't have any rooms for them to rent for a ST.Quote:
Originally Posted by BigLongBeach
I agree that $2.7m sounds rough, nobody starts off asking what they'll really take.
(And it's not like there are people out there that could use a place to uhhh.......wash up a little cash!:wink:)
I think they run at a lot higher than 75% occupancy. I've been there many times when there were no rooms available, period.Quote:
Originally Posted by BigLongBeach
I would think getting your return on your investment of 2.7 million in only 5 years would be pretty good, wouldn't it? That would mean somebody would earn 2.7 million in the next five years.
I'd take 500K a year income.
I'm guessing John just can't get over his health problems and wants to make his life a little easier.
I am just trying to make sense of the numbers. On the site the owner says that they make 1.25mil/yr usd. That means they make like 35k/month in revenue. That's a lot of cash. I am just looking from a business side.Quote:
Originally Posted by MrHappy
Let say i got perfect credit, 20% upfront at 5%, I would pay about 11/month on mortgage for 30 years. 15k/months for 15years or 22k/month for 10.
For 1.2mil in revenue per year unless your in the long haul you couldnt afford the mortgage.
I am just throwing numbers out there. Where is dquick? he is in the hotel business now.
I just googled that and it looks like even wynn got in trouble for that LOL. The thread interests me because I want learn a iittle more about the hotel business before I open up casa de BLB in havana LOLQuote:
Originally Posted by TNT72
How do you calculate the risk of buying an adult biz on the north coast where they have been locking up owners of adult places, especially foreigners?
if it has revenue of 1.25 revenue per year it is 100,000k a month, not 35k
nobody, and I mean nobody can take away from the success and business this operation has. it is one of the only places that can charge by the day only and not weekly or longer rentals...
myself, my only concern would be the security of the investment on the goodwill of the business. in the dr who can feel secure with the way the government operates and can step in and control or destroy anyone someone in power feels; who would have thought places like rumba, delatin, cmp, and long time operators as passions, and especially the king himself...armondo would have had the tables on them turned so far and so fast.
but regardless, if anyone had a dream come true it would be to own blackbeards
Good catch, i was doing 1.2/52 for weekly numbers and must have had the number 35 in my head cause i was doing using a mortgage calculator on google. SMH
Quote:
Originally Posted by donquixote