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Benidorm Bars and small businesses in Spain offer a great opportunity in the right
hands.  Spain provides plenty of the right kind of businesses for a successful life.  
With the right amount of research, proper financial and business model planning,
plus plenty of initial hard work, most can develop a business into a profitable and
sustainable operation.  70% of all ex-pats who go into business run bars or
cafeterias in Spain.  The Costa Blanca is the number one destination to set up a
new life for British residents and the English speaking.  You should consider the
following positive points to owning a business in Spain. Our guide mainly covers
running a bar as this is of interest to most of our website visitors.

Businesses in Spain enjoy all year profitable trading especially in the tourist hot
spots in the south with the Costa Blanca being the most popular destination for
foreigners setting up business.

Bars, Restaurants and Cafés offer the best rate of success as these can be
marketed toward the tourist sector where it is possible to operate with only a little
conversational Spanish.

Life in Spain is very safe and less stressful for business owners, with less
paperwork once set up, than in the UK and other European countries.

There are less creditors and debtors in Spain as the economy is still cash driven,
especially in th hospitality sector making most businesses cash rich to operate.

Operating costs are much less in Spain for fixed costs such as business rates and
refuse collection.  The Tax system also greatly considers sole traders offering easy
and simple ways to pay Tax on your business.

With so many lifestyle opportunities the country offers something for every type
and style of entrepreneur and most of all in the service industries which serve the
tourism sectors.

Setting up a business outside the “box” is possible as there are so many niche
markets in Benidorm and Spain which are as yet untapped.  This is especially true
when considering offering services to the many hundreds of thousands of ex-pats
living in Spain.

If you are looking to find somewhere to live a great life and work hard, you would
be hard pressed to find a better place than Spain. The country has grown rapidly
since the introduction of the Euro into a very successful destination for businesses. It
is an excellent place to put down financial roots by owning a property or business.  
With, the massive tourist sector there is a continuing and ever changing need for
tourist related businesses, feeding the service industries which in turn feed the
continued growth of the economy along the Spanish coasts.

Benidorm on the Costa Blanca generates 11% of the countries GDP (Gross
national product) one of the most cash rich towns in Spain!.  This amounts to over
782,000€ being spent every single hour of every day*.      
*source national statistics 2007

Please read each of these items below they are all
very important considerations for running a Spain
business.  
Or start from the first page Click here
Make sure you see the premises opening licence - no excuses
Make sure you see all other official local licences - live music etc
Make sure your new business is free of debts - you may be liable
Make sure the services and safety equipment are all in order
Employ a good independent  English speaking lawyer
Employ the services of an English speaking Gestoria
Know what is included in the sale price
What is a traspaso is it different form a lease or rental?
Know how long the contract is for and can you legally renew it
Talk to other business owners find out if they are trading well
Meet the landlord of your premises (essential)
Never pay a deposit to anyone but your lawyer / Paying an "Aval"
Buying a cheap bar for sale - Cheap but is it a bargain?
Checking out the area do you really want to live here?
Consider the long hours - is this lifestyle for you?
Have enough operating cash for the first 6 months
Understand marketing - What services? Who are the customers?
Operating cost analysis - Fixed, variable and lifestyle costs.
Correct pricing not too high or low - 60% Gross profit minimum
Employ an interpreter and translator - you will need one
If you take note and act on the above considerations your chance of
success in Benidorm is increased dramatically.  You will have read some
and most people are still honest.  Sadly some are not which means you
should never believe anything you are told without checking it out and
getting written proof.


To sum up always use a professional team of lawyers, accountants
and a good Gestoria all of whom speak your language well.  You will then
enjoy what you are in Benidorm to do.  We hope you make a success of
your new venture and enjoying your life in the sun. We wish you every
success, it is possible and many 100's of people every month do end up
living their dream in Spain.

Feel free to browse our
Costa Blanca bars for sale to see what is
available today which may interest you or simply to get an idea of prices
and types of businesses are out there!
Running a cafeteria in Spain
Running a restaurant in Spain
Running a pub in Spain
Running a business in Spain
Running a bar in Spain
Buy a bar with a terrace in Spain
Running a wet sale only bar in Spain
Buying a Pizzeria in Spain
Running a front line bar in Spain
Running an Ex-pat business in Spain
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