I was specifically referring to the new influx and many do absolutely fit the description I posted. Don't forget, I get sent all the frothy press releases and some of them make my toes curl.
What would the acceptable means of finance be to set up an independent new business in Brixton?
If you're happy with how things have changed, that's fine, but I personally preferred Brixton when it wasn't overrun with venture capital-backed start-ups, City investors, offshore-based companies and Blairite entrepreneurs. They've had very little positive impact on the Brixton I love, but you may well disagree.
You didn’t answer the question. Genuinely interested.
Because of the recent mass influx of the aforementioned well heeled investors and handsomely backed entrepreneurs, there's clearly no chance for new local businesses without that kind of muscle and on-trend connections to get a foothold.
What would the acceptable means of finance be to set up an independent new business in Brixton? Genuinely interested.
I'm really not interested in discussing this with you. I've made my point of view perfectly clear. And you're only ever 'genuinely interested' in pursuing your disruptive, personal beef and it's as boring as fuck.
ok I'll bite, using Calcutta Street as an example £75K to take over the lease, £65K rent p.a. 3 months minimum up front = £16250, redecorating, publicity (not including sphincter tightening crap sent to Editor) so you need at least £100K before the first customer comes through the door, editor is right there is zero opportunity for someone without family/connections to get access to that sort of money plus the chances of running at a profit from day one are very low so you need a back-up fund, staff, food and utilities all cost. Back of a fag packet calculations by my reckoning you need to turn over at least £250K p.a. to break even. Compare this to the early/mid nineties when it was possible to set up for less than £5k (I know as I did it for £3K) still a lot of money at the time but with a bit of creativity it was possible, not these days.
I like Okan Ramen and Soba
You've not answered the question either!
Have I ever made such a claim? No I haven't, so quit inventing arguments.
Oh FFS: and the rest of that quote that you've dishonestly left out added, "...but real opportunities proved to be few and far between...".
there is none, it is a question with no answer, my answer was trying to show the impossibility of the majority of locals having the possibility of starting up in Brixton due to the very large, to me, amounts of money involved. It is a system that is heavily stacked ('twas always thus, but as Thomas Pickerty pointed out, it has got increasingly biased to those who have the money and land)
I can definitely vouch for at least one business in pop being run by locals.
Has anyone, anywhere, claimed that there are no businesses in Pop run by locals? So why are you wasting your time making pointless statements?
true, I was using that as an example due to being able to find the cost of taking over the lease/rent etc. and was thinking about setting up cafes/restaurants in general in Brixton not about the pros and cons of Pop. It also enabled me to do a comparison with my experience in the mid 90's where I had 48 covers and time to make mistakes, which in my humble opinion is not possible now.
Great little place, the Spicy Tonkotsu Ramen was lovely [emoji1303]
Locally funded business.
But funded how?
Probably not because, as I said earlier, Brixton has completely changed thanks to gentrification, so the only people who can now afford the pumped-up rates are generally (a) those backed by Daddy's money, (b) rich ex-City folk looking to for a 'lifestyle change', (c) offshore fuckers, (d) investment funds and (e) well connected slippery entrepreneurs.
