Tomcal Posted September 26, 2019 Posted September 26, 2019 For those who haven’t been there, i would make plans real soon because it may close very soon! Due to Internal strife between the “Owners” it probably has better then a 80% chance of closing by 10/15 I really like the sauna but lack of adequate working capital, plus having owner/management who know nothing about running a sauna and speak Zero Portuguese, i believe imho it is not going to last! when i first got out of college i worked for Dun & Bradstreet evaluating new businesses and rating them for their chance of success. The First Two things you look for are 1) Enough working capital for the first year of operation without having to take out loans(Lions has zero and haven’t paid last months rent!) and 2)Experience in operating the type of business endeavor they are starting! (the one owner has no experience running a Sauna or bar or club...speaks zero Portuguese and a few other issues i won’t state here on a public forum! i hope they make it because Rio could use a new sauna and the facility is really nice! Latbear4blk and Riobard 2 Quote
Members Riobard Posted September 26, 2019 Members Posted September 26, 2019 (edited) What a shocker! If I have got this right he posseses the skills, resources, and experience to pack up the crap and transport it to Palookaville USA ... sorry, I may be way off and reading too much into the very meagre outside info from which I am drawing hypotheses. I have never met any of the stakeholders. But once again my fave movie quote 1974 comes to mind ... said to Jack N character after Evelyn Mowbray is shot thru the skull: "Forget it, Jake; it's [insert]Town." Edited September 26, 2019 by Riobard Tomcal 1 Quote
Members Kyle4U Posted September 26, 2019 Members Posted September 26, 2019 1 hour ago, Tomcal said: For those who haven’t been there, i would make plans real soon because it may close very soon! Due to Internal strife between the “Owners” it probably has better then a 80% chance of closing by 10/15 I really like the sauna but lack of adequate working capital, plus having owner/management who know nothing about running a sauna and speak Zero Portuguese, i believe imho it is not going to last! when i first got out of college i worked for Dun & Bradstreet evaluating new businesses and rating them for their chance of success. The First Two things you look for are 1) Enough working capital for the first year of operation without having to take out loans(Lions has zero and haven’t paid last months rent!) and 2)Experience in operating the type of business endeavor they are starting! (the one owner has no experience running a Sauna or bar or club...speaks zero Portuguese and a few other issues i won’t state here on a public forum! i hope they make it because Rio could use a new sauna and the facility is really nice! You just explained why it obviously will not with your work experience. Less competition for 117 keeps them longer in business and me very happy. Badboy81 and likeohmygod 2 Quote
Tomcal Posted September 26, 2019 Author Posted September 26, 2019 (edited) 3 hours ago, Kyle4U said: Less competition for 117 keeps them longer in business and me very happy. 117 has been operating 21 consecutive years! and the one huge advantage over its competitors...Monique Owns the building! Something pointe202, Meo mundo and Lagoa don’t which is why they are subject to the owners selling it for a profit when land prices go up as is the case with Lagoa and could be the case with Pointe(the bldg is owned by the family that owns the Atlantic hotels) Also, and this is conjecture on my part, but Monique is married(or was)to a Argentinian Millionaire and doesn’t need 117 to fund her ski trips to Europe or Chile! 117 is special to her and as long as her managers do a adequate job and she makes some money on it she will continue operating it! Edited September 26, 2019 by tomcal docbr, Riobard and Badboy81 3 Quote
Members Kyle4U Posted September 26, 2019 Members Posted September 26, 2019 Long Live the Men of 117 Quote
Members Popular Post Latbear4blk Posted September 27, 2019 Members Popular Post Posted September 27, 2019 7 hours ago, Tomcal said: For those who haven’t been there, i would make plans real soon because it may close very soon! Due to Internal strife between the “Owners” it probably has better then a 80% chance of closing by 10/15 I really like the sauna but lack of adequate working capital, plus having owner/management who know nothing about running a sauna and speak Zero Portuguese, i believe imho it is not going to last! when i first got out of college i worked for Dun & Bradstreet evaluating new businesses and rating them for their chance of success. The First Two things you look for are 1) Enough working capital for the first year of operation without having to take out loans(Lions has zero and haven’t paid last months rent!) and 2)Experience in operating the type of business endeavor they are starting! (the one owner has no experience running a Sauna or bar or club...speaks zero Portuguese and a few other issues i won’t state here on a public forum! i hope they make it because Rio could use a new sauna and the facility is really nice! I do not know what you are waiting for. You should take over management and make it your sauna. I doubt anyone else knows more about the business, from all of its sides. Riobard, docbr, Tartegogo and 2 others 1 4 Quote
Members Popular Post docbr Posted September 27, 2019 Members Popular Post Posted September 27, 2019 2 hours ago, Latbear4blk said: I do not know what you are waiting for. You should take over management and make it your sauna. I doubt anyone else knows more about the business, from all of its sides. Put me in the line to buy some shares of the sauna if TomCal take over the management. It would become “the Mecca” of the boys... Would be compulsory to every gay guy to go there at least once during their lifetime ... Latbear4blk, floridarob, Tomcal and 4 others 3 1 3 Quote
Popular Post floridarob Posted September 27, 2019 Popular Post Posted September 27, 2019 5 hours ago, Latbear4blk said: I do not know what you are waiting for. You should take over management and make it your sauna. I doubt anyone else knows more about the business, from all of its sides. But you know what they say about people with a sweet tooth owning a candy store, Or a drug dealer that uses..... SolaceSoul, nycman, Latbear4blk and 2 others 5 Quote
Tomcal Posted September 27, 2019 Author Posted September 27, 2019 1 hour ago, floridarob said: But you know what they say about people with a sweet tooth owning a candy store, Or a drug dealer that uses..... hmmmm....that they are in the appropriate profession??! :-) Riobard 1 Quote
Members Latbear4blk Posted September 27, 2019 Members Posted September 27, 2019 @Tomcal's sauna Inauguration Day. Tomcal and Riobard 2 Quote
Members likeohmygod Posted September 27, 2019 Members Posted September 27, 2019 I agree...117 is something unique across the world...I've always told you that. It might have slow days, but overall the quality is very high as is the quantity and the accountability of the management, which has always done a great job. So it's true that Lions is already overdue with rent payments. Riobard 1 Quote
Members Riobard Posted September 27, 2019 Members Posted September 27, 2019 Make no mistake ... the “prospect” in question has long ago earned his patch and has no problem multitasking, breaking ground and having fun at the same time ... Tomcal 1 Quote
Members Riobard Posted September 27, 2019 Members Posted September 27, 2019 13 hours ago, Latbear4blk said: I doubt anyone else knows more about the business, FROM ALL OF ITS SIDES. Tee-hee Quote
Members buttercawan Posted October 20, 2019 Members Posted October 20, 2019 So it is confirmed? Just arrived in Rio and wanted to check it out. Missed the good old days of New Mundo Quote
Members Riobard Posted November 13, 2019 Members Posted November 13, 2019 It appears that Lions is now hosting Festo do Vale Tudo events that were previously held further northeast in Centro. Quote
Tomcal Posted November 13, 2019 Author Posted November 13, 2019 i heard that last Friday formally their biggest night there were only 11 customers and they now owe 3 months back rent! I think the end is near! it is too bad as it is a nice venue if they could pull it all together! Quote
Members Latbear4blk Posted November 14, 2019 Members Posted November 14, 2019 @azdr0710, you are arriving next Friday. May be checking this place for us could be your homework. azdr0710 and Tartegogo 2 Quote
Members brockmiller Posted November 16, 2019 Members Posted November 16, 2019 i'll be there in about two weeks if it is not closed by then i'll probably report on it. Tartegogo 1 Quote
Members azdr0710 Posted November 19, 2019 Members Posted November 19, 2019 I'll try to get there this Saturday and report back Latbear4blk, brockmiller and Tartegogo 3 Quote
Members azdr0710 Posted November 23, 2019 Members Posted November 23, 2019 On 11/18/2019 at 8:08 PM, azdr0710 said: I'll try to get there this Saturday and report back Sorry, folks. Colossal delay with LATAM out of LAX tonight. Won't make Lions by tomorrow, Saturday. Report later if they haven't shuttered next week!! Quote
Tomcal Posted November 23, 2019 Author Posted November 23, 2019 Really it not worth your time going unless you are really bored! brockmiller and pauleiro 2 Quote
Members pauleiro Posted November 23, 2019 Members Posted November 23, 2019 I will not spend time going to Lion s next week in Rio Quote
Members azdr0710 Posted December 9, 2019 Members Posted December 9, 2019 (edited) On 11/18/2019 at 9:08 PM, azdr0710 said: I'll try to get there this Saturday and report back hey folks......due to a cancelled flight (two days late arrival in RJ) and my travel buddies wanting to stick with reliable 117 and 202, I didn't get to check out Lions...however, you can check out @sfcastro 's favorable report in another thread...... Edited December 9, 2019 by azdr0710 Quote
Alaska14k Posted December 10, 2019 Posted December 10, 2019 I went to Lions Club twice last week. They had a party on Saturday November 22 that had a good show. There were about 25 boys and 20 customers--I had a good time. I went the following Monday and there were a dozen boys and a dozen customers. Not a big crowd, but a fun time. If you enjoyed the old Mayo Mundo boys, you will enjoy the boys at Lion Club! sfcastro 1 Quote