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Selling a business in Spain and becomming a TEFL teacher
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SpanishFly



Joined: 18 Apr 2004
Posts: 31

PostPosted: Fri Apr 30, 2004 9:18 am    Post subject: Selling a business in Spain and becomming a TEFL teacher Reply with quote

Hello all .
I have an English video / DVD club in Spain which also does rent-a-bike , design services , internet use e.t.c . I am located on the beach front in a city which has a population of around 20000 British / Irish people . I have no competition and have been opened for 8 weeks . In about a years time I want to sell this business in order to be able to teach English and roam the world. If anybody is interested in purchasing the lease of this business in about a years time , please let me know .
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reality



Joined: 13 Mar 2003
Posts: 105

PostPosted: Sat May 01, 2004 11:40 pm    Post subject: Great! Reply with quote

Cool
Once you leave Spain and Europe, you will never return.

Sell-up quickly, as Spain is going to get a huge recession in Tourism soon, and pull the money out to somewhere safe and worthwhile.

I am selling up, and counting the hours, when I get on the airplane out of here.
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SpanishFly



Joined: 18 Apr 2004
Posts: 31

PostPosted: Sun May 02, 2004 8:04 am    Post subject: Reply with quote

Don't know about that. My business dosnt rely on tourists and there are more and more British moving here all the time . Construction to cater for this is enormous and this fact reflects nearly all of Spain !
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reality



Joined: 13 Mar 2003
Posts: 105

PostPosted: Mon May 03, 2004 10:25 pm    Post subject: Read the writing on the Wall Reply with quote

Cool
In the area I live in, the Costa Del Sol. Tourist bookings are 70% down, and rumors in the press cite most British Tourists are going to other Countries this year.

German and other Northern Europeans, believe eating out is more expensive in Spain, now. And are opting to other areas of Europe.
Young people now head for Asia, and the East. Spain is for old people., with pensions (not big spenders).

Real Estate Agents are more quiet, than at the height of the Gulf War last year. I personally know dozens of people (Local and Expatriate), who have lost there jobs or searching for any job(Paid or unpaid).

EU handouts of 37 Billion Euro a year to Spain, have had to be cut to fund the much poorer new member states. So, taxes are set to rise.

Spain, has upset its friend the US. So, no more financial assistance or
promotion from the US.

Many powerful multi-nationals have pulled there businesses out of Spain to the East, including Seat.

I know many people who are desperate to get out, and most say its because the good times are over.

I believe that is why, you are selling. Spain is yesterdays news for old
people. Other Countries are now better options.
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SpanishFly



Joined: 18 Apr 2004
Posts: 31

PostPosted: Tue May 04, 2004 7:48 am    Post subject: Reply with quote

Interesting . However I only have a Video / DVD store and older people do like to watch videos and DVDs. I also live in a place called Torrevieja which is growing in population by 10 % every year for the last 10 years ( total pop in summer of about 3.5 million ) and I am on the beach where eveyone likes to go . There is loads and loads of work and the construction industry is thriving with more people opting to live here than ever !
Prehaps you are in the wrong area of Spain. Are you a TEFL teacher ?
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reality



Joined: 13 Mar 2003
Posts: 105

PostPosted: Thu May 06, 2004 8:51 pm    Post subject: Spin Reply with quote

Cool
If your business is doing so well, why are you selling after a few months?.

Beaches exist in most Countries in the World. I live in a wealthy area of spain, which depends on contruction and some Tourism. local people are spending less (empty bars), and there is a lot of talk about the end of the boom (Close to Marbella).

70% of new businesses fail in Spain. They don't close, but get passed onto foreigners buying into a 'dream'. Who often pass on the business again to someone else, once they realise it was only a 'dream'.

I know many businesses that would not be open in a normal economy, but exist to everyones amazement.

I am a TEFL Teacher, but not in Spain.
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SpanishFly



Joined: 18 Apr 2004
Posts: 31

PostPosted: Thu May 06, 2004 9:34 pm    Post subject: Reply with quote

Well I didnt say " I'm doing so well " , Reality , but I forcast that in about a years time I will have an established customer base and will be able to sell for a profit . As for 70 % being sold , that is almost impossible for you to know and not true , although you are right about people buying in to the dream business in the sun and why not , It dosnt mean they are dreamers , just that in Britain it is always raining . I live in an area with a huge amount of English speaking people who have had their businesses for years, the area I am in is thriving and alive .
This is what I do I locate areas, find a gap, open , build the business then sell for a profit to a lucky buyer .
I've decided now that I'd like to buy a huge motor home and become a TEFL teacher , see the world and enjoy a lot more free time .
Over and out . Idea
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SEndrigo



Joined: 28 Apr 2004
Posts: 437

PostPosted: Fri May 07, 2004 5:24 am    Post subject: are things really that bad in Spain? Reply with quote

It was quite amusing to read this topic about the "good times" being over in Spain

I think it's not a good idea to take figures from one area of Spain and extrapolate them to come up with figures for the whole of Spain.

Regardless of bookings being down in certain areas, Spain is, and will remain, a top tourist destination....for years to come.

Is it as cheap as before? Of course not....but still a bargain compared with many other European countries.

Hard to imagine, but the Social Democrats taking over is the best thing to happen in a long while...perhaps now the government will start to consider what the people want (this is utopian, yes, but anyone is better than Aznar)

We can debate specific figures if you like, but I'll keep this posting short and ensure readers that Spain has a lot to offer....don't leave just yet Smile

And I'm curious Reality, you mention that you live in an expensive area of Spain, but later say that you teach TEFL, but not in Spain?

So do you live in Spain or not?

best wishes
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SEndrigo



Joined: 28 Apr 2004
Posts: 437

PostPosted: Fri May 07, 2004 5:35 am    Post subject: Re: Read the writing on the Wall Reply with quote

reality wrote:
Cool

Spain, has upset its friend the US. So, no more financial assistance or
promotion from the US.

I believe that is why, you are selling. Spain is yesterdays news for old
people. Other Countries are now better options.


I honestly dont think the goverment cares about bowing down the the US' every request....I think it's wise for them to pull away from the US and focus more on the EU (where their future lies).

As for Spain being for old people, I must ask you if you go out much? Smile

To be quite honest, I found the Costa Del Sol to be one of the least interesting parts of Spain. But unfortunately, that is where many German/British/American tourists go to, and think they've seen what Spain has to offer. A real shame, because the real Spain doesn't exist in guide books or concrete hotel buildings.

best wishes
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reality



Joined: 13 Mar 2003
Posts: 105

PostPosted: Sat May 08, 2004 10:20 pm    Post subject: Reply with quote

Cool
I agree with you that the Costa Del Sol, is the least interesting area of Spain. But don't be another apologetic Spainophile.

I am a TEFL Teacher, and have taught all over East Asia for a number of years. But I have been based in Inland Andalucia for family reasons.

I have also lived and worked in Madrid, and travelled widely all over Spain in the past.

I and others believe the Good times are over, because Salaries don't match the real cost of living here. And the cost of living has increased over 30%, since the Euro was introduced.

All of Spain, shows great trappings of wealth, new Cars, big Apartment blocks and fashionable clothes. However, this is on borrowed money, and Spain has the highest debt within the Eurozone.

Traditional tourists (mainly British), prefer Turkey for their vacation. Germans shun Spain, because Restaurants and hotels are more expensive than in Germany. Spain is boring.

I have lived in many Countries, and seen great wealth. But Spain only offers Tourism and Property Sales. It has no natural resources, no real industry (Now moving Eastwards), and no known products exported overseas. But lots of cheap Chinese imports.

You don't even see Spanish wines in East Asia, but you see every other Countries.

The debt has to be paid back, without 36 Billion Euro of EU development Aid. Other Countries are far cheaper for vacations, and Spain is losing out big time.

Why?

- Because Spanish people are too lazy and engrossed in their own culture to adapt to the New World.

- They are too lazy to learn languages, needed to do business in the new economy.

- They have fallen behind, and will fall behind Countries like Thailand, Turkey and Croatia for Tourism.

- They look too inwards instead of outwards, and are too slow to do business (Try the beauracy).

Plots of land, which are only worth the value of the fruit grown, are being sold for huge amounts here. You can't build, you can't do anything but grow fruit on the land. Yet the 'value' is seen to be ten times, the value of the same land elsewhere.

Thats the Spanish economy, a myth and a mirage. Just like Thailand and Indonesia where in the mid-1990's.

Sure there will always be Tourists in Spain. But given the price rises, and countless Countries opening up and eager for business. I doubt in ten years time, Spain will be as populsr as it was in the 1980's.
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reality



Joined: 13 Mar 2003
Posts: 105

PostPosted: Sat May 08, 2004 10:30 pm    Post subject: Spain and the EU Reply with quote

Cool

I agree again the change in government is a positive step for Spain.

Spaniards like the EU, because they recieved higher handouts than thirteen other EU states, for over 14 years.

Taxpayers in Countries in Northern Europe, and even poorer Portugal, paid for the development of Spain.

Now Spain, will have to give back, to asssist in the development of the ten new member states.

Given the reluctance to pay taxes in this pasrt of the World. I wonder if Spaniards will feel the same way about the EU. When they have to dip into their own pockets to fund the new states.

The EU have been like Santa Claus to Spain. But Santa isn't visiting anymore.
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gsbcn08080



Joined: 26 Mar 2003
Posts: 73

PostPosted: Mon May 10, 2004 3:50 pm    Post subject: Reply with quote

I have a friend that teaches English in SEAT they have not moved out of Spain. They are based in Martorell.
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SEndrigo



Joined: 28 Apr 2004
Posts: 437

PostPosted: Tue May 11, 2004 5:19 am    Post subject: Reply with quote

reality wrote:
Cool
I agree with you that the Costa Del Sol, is the least interesting area of Spain. But don't be another apologetic Spainophile.


Spain is definitely far from perfect, but it still has a lot to offer....I think one reason people will keep coming back is (and this sounds obvious but for some reason makes a big difference to people) the weather.

They could go to the Baltics and get the same nice beaches (only during the summer, however), less concrete hotels, more natural beauty, and all for a cheaper price.

But they keep coming back to Spain...there are many reasons why, which I don't want to mention here due to lack of space and time.

reality wrote:
I and others believe the Good times are over, because Salaries don't match the real cost of living here. And the cost of living has increased over 30%, since the Euro was introduced..


Agreed, cost of living has gone up, and this has hurt Spain's economy but in the long run I think it will help Spain become more competitive.

reality wrote:
Traditional tourists (mainly British), prefer Turkey for their vacation. Germans shun Spain, because Restaurants and hotels are more expensive than in Germany. Spain is boring..


Well I don't know about that....of course if you go to heavily touristed areas in Spain, you're going to pay more (but this is the case in any country, not just Spain).

And it's still cheaper than Germany....and where would you rather spend time during your holidays, Madrid or Berlin?

Many Germans seem to prefer Madrid and other Spanish cities!

They seem to love the sun...and Spain offers much more of that than Germany, that's for sure.

You could go to the Baltics, as I mentioned, for clean, unspoilt beaches. But that limits you only during the summer time.

You could go to Cyprus, where there are great beaches and weather....but also political turmoil and more instability than Spain.

You could go to many places....but few have the charm and allure of Spain, this is what keeps bringing people back.

When it comes to holidays, it's all about emotions, not rational decision making.

reality wrote:
- Because Spanish people are too lazy and engrossed in their own culture to adapt to the New World.


This is just unfair...keep in mind that up until recently, Spain was the fastest growing economy in western Europe.

I've found Spanish people to be very interested in other people, and at first glance they seem to be engrossed in their culture mainly because, they have such a rich and varied culture!

This is a very complex issue and we can't just say, "they are lazy" and "won't adapt".

reality wrote:
- They are too lazy to learn languages, needed to do business in the new economy..


This is also unfair, I've known many Spanish people who speak other languages (many of them speak French, for example).

This is a bigger problem in other countries, try going to certain Asian countries and then tell me the Spaniards don't speak other languages

And let's not forget the US and UK.....I can count on one hand, the number of Americans and Brits I know who speak another language (Canada is an exception since they are all required to learn French).
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Mouse



Joined: 24 Dec 2003
Posts: 208

PostPosted: Thu May 13, 2004 3:08 pm    Post subject: Reply with quote

Quote:
I can count on one hand, the number of Americans and Brits I know who speak another language (Canada is an exception since they are all required to learn French).


I disagree with you here: most Brits, for example, learn another language in school (though there's not a huge incentive to study hard, granted), and lots of ethnic Brits (?) speak another language. Not to mention (as always) the Welsh, hundreds of thousands of whom speak Cymraeg.
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SEndrigo



Joined: 28 Apr 2004
Posts: 437

PostPosted: Fri May 14, 2004 1:46 am    Post subject: Reply with quote

Mouse wrote:
Quote:
I can count on one hand, the number of Americans and Brits I know who speak another language (Canada is an exception since they are all required to learn French).


I disagree with you here: most Brits, for example, learn another language in school (though there's not a huge incentive to study hard, granted), and lots of ethnic Brits (?) speak another language. Not to mention (as always) the Welsh, hundreds of thousands of whom speak Cymraeg.


Hi Mouse,

I should have specified that I meant most American and English people Smile

And when you say ethnic Brits, you mean Indians don't you Smile

It's not an issue of whether you learn another language in school; I know that in the UK and USA, students are required to study another language for several years in secondary school. But how many of them can speak that language comfortably or can even "get by"?

I've lived in both the UK and USA, and I've found that very few Americans or English speak another language

As you mentioned, Welsh people are an exception...in fact, I'm very happy to see signs in Cymraeg when I visit Cymru !

But do you like being called British? That means to lump yourselves along with the English....to add insult to injury, Giggs plays for ManUre ! Laughing
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