Re: Looking for a Investor
 

I think you'll find there are a lot more points to consider. What kind of tourist are you targeting? The ones with money who want a fine dining experience, or the ones who want a good meal, but don't want to spend much? You have to appeal to different nationalities too, as calman mentioned. You have a lot more competition in Spain and a lot of people already eat at the hotels (package holidays etc.). Tourists are also lazy, so won't go a street further. That's why location is important. The Spanish also have a different taste and will support locals first.

Re: Looking for a Investor
 

Moses, yes there are more points but this was just an example. As previously explained I am not aiming at the Spanish market as I will not be serving any Spanish food, although I am sure the Spanish will still enjoy the food I will be serving. Bearing in mind my staff will be Spanish and I don't know about you but I never ask the nationality of the restaurant owner when I go into a restaurant. Do the Spanish?

Re: Looking for a Investor
 

Never think the way you would think, when it comes to business. I would have no problem walking to a good restaurant, but the majority of people do have a problem. I wouldn't have a problem trying different food and I'm not bothered about the nationality, but a lot of older Spaniards eat what they know. Of course you should do what you like, but you also have to adapt to the market. It's the same with music these days and although I love Rock Music, you have to change your sound to be in the charts and reach a wider audience.

Re: Looking for a Investor
 

The food I am planning to serve is popular all over the world and very universal. At the end of the day no matter what you do you can never please everyone. I aim to please the people that want to eat the type of food I serve, at the end of the day the British national food isn't curry but we eat a lot of it. Variety is the choice of life but with an average of 5 million tourist every year I am sure there is enough business from them and the massive ex pat community there.

Re: Looking for a Investor
 

The point is that when you have been there a few weeks you start to notice things that wouldn't be so obvious after just a few days. It will all help you make better judgements.;)

Re: Looking for a Investor
 

Absolutely Calman. Thanks

Re: Looking for a Investor
 

The people that come onto this forum asking for advice about living in the sun generally fall into two types.

1) The single poster who never returns once a few people have explaned the realities of life, not always negative posts

2) The likes of Paultemp who return and interact showing lots of determination.

This is a quality that is needed in a survivor.

So best of luck to you Paultemp

Re: Looking for a Investor
 

Thank you Fred, quitters never succeed.

Re: Looking for a Investor
 

If you do not conform to certain views on here you are called rude. How many chefs in Marbella? If an investor is looking to open a restaurant in Marbella and a chef for a partner do you not think they have more than enough people to choose from in Marbella whom they know and have a track record rather than take a chance on an unknown quantity. You know you, but to an investor you are a complete unknown. Comes to that, an investor with that kind of money would probably open a restaurant himself (if they wanted to) and hire a chef.

One point; you say the reason the restaurant is vacant is because the previous owner had a heart attack. Did you know him and can you verify this? If so, then at least the agent is honest.

A good idea would be to go to Marbella and get a job as a chef for a year or more to build up contacts and then maybe you would find an investor. But then again, are there any chef’s jobs in Marbella for a non-Spaniard?

Re: Looking for a Investor
 

Mancha, Firstly you clearly don't understand the concept of an Investor. Investors are people that either don't have the time or don't want to commit to the everyday running of a business. They invest in a person, an idea, a concept or a combination of any for a return on their money. A investor does not want to open their own restaurant of whatever else they invest in.

People keep trying to find stickling points like the verification of the previous owner. No I can't answer that right now but upon my visit I am sure I can find more information and the Spanish sticking to their own restaurants, well that is fine.

There are 996 restaurants in Marbella. 662 of them serve Spanish cuisine so why would I want to get involved in that kind of competition, however out of those 996 only 10 serve similar food to what I plan to do and then only 3 of those have a menu that would be anywhere close to mine. That to me is a better market.

Lastly, why the hell would I want to move to Spain to take a minimum wage job and carry on the struggle that is life here.

Whilst I can kind of see what your trying to say I think you should make valid points first.

Re: Looking for a Investor
 

Investors are not all the same. Some invest vast sums in a business and just take a dividend. Others will invest a sum of money in a business because they have an interest in that type of business and will want to be involved. So this means nothing.

If you are taking an agent’s word for the previous owner’s reason for giving up the business, then that is up to you.

I know enough about investing to know I would not invest a bent euro in Spain. I hope you find someone who thinks otherwise.

Re: Looking for a Investor
 

Hi Paul
reading your subsequent comments to my earlier post, I'm afraid that you are tending to show that more than anything, you are just following a dream and perhaps to get out of the UK, where at least you know how things work and how people think. You say that people here are only looking for sticking points, but try to see it a different way. It would be easy for us to join your dream and boost you along your way, only looking at the good side, which is always natural. You've no doubt sat down and enjoyed thinking about all those, but if you cant defend yourself against the possible negatives, then it should make you think again.
I agree with what you say an investor is interested in, but assuming he's not just a pure gambler who likes your face, in your case, not only does he not know you, but more importantly you dont appear to have any direct experience of running a restaurant, let alone in your own country, where at least you understand the language. You have no own capital, and no doubt no way of repaying the debt in two years. Unfortunately all you have to offer the prospective investor are some interesting numbers, and to be fair, nobody who is looking for finance is going to present forecasts that dont look good. Have you given any thought as to what you will do if you do manage to start the business and you lose everything?
You say there are only 3 restaurants in Marbella, with a menu close to yours. Perhaps there's a very good reason for that?
It will be very interesting if you could post your comments after having spent sometime there.

Re: Looking for a Investor
 

Paul,

This is half-wit house. You won't get through to them.

Re: Looking for a Investor
 

No. You are called rude when you are rude. The views you hold have nothing to do with it.

Re: Looking for a Investor
 

Can I ask. How do you know this information? Who says I have no capital of my own? You! or are you just guessing. You have not seen my business plan and you have no idea of whet my plans are. All you are doing is making assumptions which are completely incorrect. You actually do not have an inkling into anything that I have proposed. You do not know what research I have done. You know nothing of the venue, you don't know what investment I am looking for. All your comments are made by poor assumptions and criticisms with no idea of what my proposition actually is. Who says I have no experience in running a restaurant, again you, again a poor assumption. All the necessary information is disclosed in my business plan to which is not poignant to you as you have no interest. So in a nut shell I guess its about time you stop trying to put me down when you know nothing of what I am looking to achieve.

As far as defending myself. I have spent pretty much the whole day defending myself and my idea to people like you who seem to have nothing better to do but pick at little things. If its not for you just move on to the next thread and bring someone else down.