I heard weeks ago it had been sold and that the buyers agreed to cover a large tax liability. But then after I heard that I saw someone renew or re-post an online sales listing for the place.Garry Crabtree wrote:Someone told me the other day that its already been sold.
Is Sharky Bar for sale ?
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Now I'm hearing there are concerns that the current "owner" who is selling Sharky Bar cannot document/prove that he actually owns what he is purporting to sell.
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In a sale like this, what is there to actually "own"? There is the lease of the premises, and then the official incorporation documents, right? So those just need to be transferred over. I wonder if they were in Mike's name, and if so, what would the process then be to transfer them?
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^ Lease, stock, brand is about all there is to own, unless it's registered as a private ltd company (whatever the Cambodian equivalent is). Then a new owner could own that too.
There were a few shareholders in Sharky at different times. Surely they all took steps to safeguard their interests in the knowledge that this would happen one day.
There were a few shareholders in Sharky at different times. Surely they all took steps to safeguard their interests in the knowledge that this would happen one day.
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The same guy told me that our favourite Kosovan scam artist somehow got himself involved in it. If so, that would definitely complicate things.
My posts are just jokes, maybe they're rude, offensive, and politically incorrect. They're not my opinion, viewpoint, idea, or judgement, but they're just fucking jokes so lighten up.
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I went past the site of the new Raqia next to Pencil on 214 today. looks like all work stopped when he got arrested. Is the other one still open on 106?Alexandra wrote:The Raqia guy?
Bless
I wouldnt pay a dollar for Sharkys,its on its last legs.gavinmac wrote:Now I'm hearing there are concerns that the current "owner" who is selling Sharky Bar cannot document/prove that he actually owns what he is purporting to sell.
In it's present form, maybe. But the location is good and the open floor plan with balcony was pretty cool. Nice square bar. I'm assuming the layout hasn't change significantly. It's been a decade since I stepped foot in there. The rent is probably outrageous by now, though. I hope someone takes it over and makes a go of it.Canadaman wrote: I wouldnt pay a dollar for Sharkys,its on its last legs.
"The final straw actually involved my mortal enemy vladimir, who you may or may not know is an insufferable, overposting asshat."
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How is the location good? There's nothing of interest within 200 meters of Sharky Bar. The location is terrible.
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I don't know....gavinmac wrote:How is the location good? There's nothing of interest within 200 meters of Sharky Bar. The location is terrible.
there's the sub selling people
there's Will St a couple of blocks away
it's a mid way point between St 51 and Riverside, so a potential good stopping off point.
I read that it is open each day of Pchum Ben from 5pm by the way... should anyone want to try to keep it afloat.
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Mid way point is the kiss of death. Soho Bar on St. 154 and 19 is the mid way point between every successful Western bar or restaurant in that part of town. Yet it's a terrible location.
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Deposit paid, new owners taking over beginning of October. No outstanding tax liabilities, no document or ownership issues.gavinmac wrote:I heard weeks ago it had been sold and that the buyers agreed to cover a large tax liability. But then after I heard that I saw someone renew or re-post an online sales listing for the place.
The new owners (as is usually the case) are full of new ideas and improvements for the bar, but my understanding is that it won't change dramatically in nature.
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