Buying nightclub/disco

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Member since 22 January 2019

leavemealoneNew member22 January 2019 20:15:47

Hello
I'd like to ask if anybody has experience in buying established nightclub/disco in Spain, is it a good idea, any tips?

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert22 January 2019 23:31:25

11308

Personally I think its a bad idea.

Guestposter6514 Guest

Guestposter6514Guest23 January 2019 10:10:19

214245

A high risk business that is burdened with problems. Leave it to the Spanish.

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert23 January 2019 10:21:43

11308

I know of foreigners that are experienced in operating licensed businesses and they have sadly failed.

leavemealone New member

Member since 22 January 2019

leavemealoneNew member24 January 2019 15:58:42

So you're saying best to stay away from bar/nightclub type of businesses then.

stumpy Laos Expert

Member since 27 November 2009

stumpyLaos Expert24 January 2019 16:56:13

17965

I agree with SimCityAT.

Have heard horror stories from foreigners who have thought investing in such an industry would be a great money earner and lifestyle. Too many criminal types involved as it is a great way to launder money. To elicit "protection money", wanting to sell you their stolen liquor, staff ripping you off etc.

leavemealone New member

Member since 22 January 2019

leavemealoneNew member24 January 2019 17:45:03

Well I didn't think of it this way, but that makes sense, it can attract this kind of things.

So what type of business would you suggest then? I've seen few real estate agents for sale that sounds interesting,

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