current business climate in marbella
#1
Just Joined
Thread Starter
Joined: Jan 2010
Posts: 12
current business climate in marbella
I have already posted a thread about running a bar but from this post all i want to find out is how marbella has been trading over the past 2 years and what the out look is for the next two. I want to know how the current economic climate has affected tourism in marbella, where the most popular nightlife spots are and anything else that would be of any value to me regarding a move to the region
kind regards
gerry tweedie
kind regards
gerry tweedie
#2
Yaaarp
Joined: Oct 2009
Location: Trying to get the hell outta Spain!
Posts: 1,354
Re: current business climate in marbella
Julian Muñoz did ok out of it, give him a call
#4
Banned
Joined: Feb 2009
Location: Alhaurin de la Torre, Malaga Province
Posts: 704
Re: current business climate in marbella
I believe theres a TV programme on 12th Jan, with Piers Morgan visiting and looking at Marbella. Worth a look
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#5
BE Enthusiast
Joined: Nov 2007
Posts: 536
Re: current business climate in marbella
I think you are wasting your time asking this question on this board. You will get a LOT of negativity. And I think 99% of negative comments are from people that have never run a business, let alone in Spain. Are there a lot of failed businesses right now in Marbella? Yes, mostly because of inexperienced owners and lack of any sort of business strategy.
But, look at the ones that are succesful and pack them in every day. Picasso's in the port in Puerto Banus is packed every night, even in the winter, while other restaurants are empty. That is one example. Then there is Terra Sana, not only is it surviving, but thriving right now in the Marbella area. They are opening new locations all over the CDS. Give people what they want, think out of the box, attract Spanish and British clientele, and they will come.
But, look at the ones that are succesful and pack them in every day. Picasso's in the port in Puerto Banus is packed every night, even in the winter, while other restaurants are empty. That is one example. Then there is Terra Sana, not only is it surviving, but thriving right now in the Marbella area. They are opening new locations all over the CDS. Give people what they want, think out of the box, attract Spanish and British clientele, and they will come.
#6
Re: current business climate in marbella
I think you are wasting your time asking this question on this board. You will get a LOT of negativity. And I think 99% of negative comments are from people that have never run a business, let alone in Spain. Are there a lot of failed businesses right now in Marbella? Yes, mostly because of inexperienced owners and lack of any sort of business strategy.
But, look at the ones that are succesful and pack them in every day. Picasso's in the port in Puerto Banus is packed every night, even in the winter, while other restaurants are empty. That is one example. Then there is Terra Sana, not only is it surviving, but thriving right now in the Marbella area. They are opening new locations all over the CDS. Give people what they want, think out of the box, attract Spanish and British clientele, and they will come.
But, look at the ones that are succesful and pack them in every day. Picasso's in the port in Puerto Banus is packed every night, even in the winter, while other restaurants are empty. That is one example. Then there is Terra Sana, not only is it surviving, but thriving right now in the Marbella area. They are opening new locations all over the CDS. Give people what they want, think out of the box, attract Spanish and British clientele, and they will come.
#7
Banned
Joined: Oct 2009
Posts: 699
Re: current business climate in marbella
Best advise I could give is the same for investments, never spend more than you can afford to lose.
Never borrow on a business that is suffering, your just delaying and increasing the pain.
Buying a business at the moment is a good plan, there cheap and plenty of bargains, one mans pit could be another mans gold mine.
Always have a back up and constantly move, staying still and letting the good times keep rolling is another mistake.
Don't ever get attached, you should be prepared to walk away at the click of a finger.
Never borrow on a business that is suffering, your just delaying and increasing the pain.
Buying a business at the moment is a good plan, there cheap and plenty of bargains, one mans pit could be another mans gold mine.
Always have a back up and constantly move, staying still and letting the good times keep rolling is another mistake.
Don't ever get attached, you should be prepared to walk away at the click of a finger.
#8
Re: current business climate in marbella
Best advise I could give is the same for investments, never spend more than you can afford to lose.
Never borrow on a business that is suffering, your just delaying and increasing the pain.
Buying a business at the moment is a good plan, there cheap and plenty of bargains, one mans pit could be another mans gold mine.
Always have a back up and constantly move, staying still and letting the good times keep rolling is another mistake.
Don't ever get attached, you should be prepared to walk away at the click of a finger.
Never borrow on a business that is suffering, your just delaying and increasing the pain.
Buying a business at the moment is a good plan, there cheap and plenty of bargains, one mans pit could be another mans gold mine.
Always have a back up and constantly move, staying still and letting the good times keep rolling is another mistake.
Don't ever get attached, you should be prepared to walk away at the click of a finger.
#11
Banned
Joined: Oct 2009
Posts: 699
Re: current business climate in marbella
We deal with a few around Malaga city.
#12
Re: current business climate in marbella
You will also get a lot of negativity from those of us who know what we are talking about, those of us who ran a bars in the UK successfully, then ran a bar in spain, successfully, but who still went on to lose everything. Now is not the time, any bar that is up for sale now is up for sale for a reason, not because the owner is sick or any other made up excuse. Don't do it now is my advice, the ecomony is still to shaky. If you still decide to go ahead then live in Spain for a considerable amount of time before investing in ANY business.
they're managing, not earning a great living and it costs them more to have a day off & stay open paying someone to run it for the day than to close once a week
if someone offered them the right price, they'd sell
and these are people who have lived here & been in the trade over 25 years, & attract local spanish & english all year round, as well as holidaymakers