Buying A Bar In Spain

Each year thousands of foreigners buy a bar inThe main thing is that you must have passing
Spain, all with varying degrees of success and thetraffic to stand a chance. There are too many
whole process can be a nightmare if not donebars in Spain for people to simply go round looking
properly. Although sometimes it can work on yourfor you [unless you are offering something
own, it is normally a disaster if you buy a bar inunique].SizeThe bigger the bar, the bigger the
Spain without using a qualified agent to help you.expenses, the more staff you need. Only buy
You have to remember that the laws are verywhat you can cope with. You may be advised to
different in Spain and over the years, especiallybuy small to start with then maybe move on
on the Costa's, a very dangerous breed of crooklater.BudgetSet your budget and stick to it. If you
has evolved; there are thousands of conmenbuy a bar in Spain for 30,000 pounds, make sure
itching to get their hands on your money and theyou have at least 10,000 more for the first few
scams they pull are endless and complicated.months. Don't over commit yourself or you will
There are even unscrupulous agents with nofail.LicencesEvery bar in Spain must have a licence
morals that can cost you thousands.The choice ofto open. Make sure that your agent checks this.
bars available varies considerably from little backThis is vital. If you buy a bar without a licence
street watering holes to full music venues and[this happens a lot when you buy without an
quality restaurants. The prices vary too from aagent], you will almost certainly be closed down
few thousand pounds up to millions.If you choosewithin a short space of time. The police are very
the right agent who should give you clear andstrict on this and non-compliance can cost you
honest advice, providing you purchase in the righteverything. To stage live music in a bar in Spain
area, you stand a good chance of making a goodyou have to have a music licence. These are rare
living. Do not however, think that running a bar inand very difficult to obtain. The EEC regulations
Spain is going to be an extended holiday ! Befor such venues are strict and complex.CostsOn
prepared for long hours and lots of little problemstop of your purchase price you will have other
- all of which can be solved quite simply and mostexpenses;
can be prepared for well in advance.By no meansYour legal fees - check the amount
is this page intended to be a full guide; the idea isRent in advance - normally 3 months
that we give you a little insight into the wayStock - Initial stock may be included but needs
things work in Spain and things to be awaretopping upStaffYou will normally not have any
of.Important things to consider when buying a barproblem staffing your bar in Spain, especially if
in Spain;LocationIf you intend to serve to a touristyou need seasonal staff. Be careful though; if you
market then the coastal strips such as the Costaemploy staff on a cash basis you stand the
del Sol are perfect. If you find the right locationchance of being prosecuted ! Talk to your Gestor
on the coast you may also tap into the huge(accountant) about contracts.For more detailed
foreign resident market. Sea front bars are notinfo, get my book at:
always the best choice. They may be busy in the
summer but can be quiet in the winter. Backmailto:Xander Martin is A British Expat living in
street bars are often the locals for residents,Spain.
providing that you can give them what they want.