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Tenerife Lifeline

Taking a chance at living the dream
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Minx
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Joined: 09 Feb 2007
Posts: 74
Location: United Kingdom

Post Post subject: Taking a chance at living the dream Reply with quote

Hello to everyone. What a great forum this is, I have been reading it for hours. My hubby and I are looking to move to Tenerife this year and are coming out again in April to sus things out and make some decisions regarding work/business options.I have already read some great posts that have been helpful and at times very funny. Hope to make some new friends, maybe even say hi in person when we land. Very Happy
Fri Feb 09, 2007 8:04 pm
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Minx View user's profile Send private message
rob
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Joined: 08 Aug 2004
Posts: 7581
Location: Tenerife

Post Post subject: Reply with quote

Welcome to you and yours Minx
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Who am I? Follow the myspacetenerife link under my avatar.

Remember: You don't stop laughing because you grow old, You grow old because you stop laughing.
Fri Feb 09, 2007 9:36 pm
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strippersrus
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Joined: 18 Feb 2006
Posts: 4237
Location: tenerife

Post Post subject: Reply with quote

Welcome Minx...
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Find out more at www.myspacetenerife.com
Stripps

Where the party starts.....
www.tenerifehennights.com
Fri Feb 09, 2007 9:51 pm
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jenny
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Joined: 29 Aug 2005
Posts: 5267

Post Post subject: Reply with quote

Hi and welcome from me too. Glad you are enjoying it thus far.
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Who am I? Find out more here: http://www.myspacetenerife.com/index.php?page=view_profile&id=17

I will make this day a happy one for I alone can determine what kind of day it will be.
Fri Feb 09, 2007 10:24 pm
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xLisax
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Joined: 30 May 2006
Posts: 3133
Location: London

Post Post subject: Reply with quote

Hey!! ... Welcome too Very Happy
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Whooo Tenerife in May!!
Fri Feb 09, 2007 10:29 pm
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karlb
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Joined: 20 Jun 2005
Posts: 3911
Location: Tenerife

Post Post subject: Reply with quote

Welcome Minx, I hope the forum can help with your move.

I am sure you will make some friends here when you come over. We will probably be having an April meet up at some point so keep watching.
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Who am I? Check out MySpaceTenerife.

The sky is not less blue because the blind man does not see it.
Fri Feb 09, 2007 11:12 pm
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Janbee
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Joined: 16 Jan 2007
Posts: 51
Location: West Yorkshire

Post Post subject: Reply with quote

Its all good

Hi Minx and welcome from me too - glad you are enjoying the forum - its a brilliant site
Sat Feb 10, 2007 4:55 am
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Minx
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Joined: 09 Feb 2007
Posts: 74
Location: United Kingdom

Post Post subject: Thank you Reply with quote

Thank you all for your warm welcome to the site. I hope to be a regular visitor and contributer. Im sure all your advice will help us make wise and careful decisions about our move. Kinda feels like we know folks "over there" already Wink
Sat Feb 10, 2007 11:14 am
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Minx View user's profile Send private message
Dave and Alli
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Joined: 12 Jan 2007
Posts: 377
Location: Canada Blanca Nr Las Galletas

Post Post subject: Reply with quote

Hi Minx - welcome from us two too! We're hoping to move to Tenerife during the first half of 2007 and have just come back to England after a week out there looking at properties, locations and business opportunities.
We can assure you that the information contained on this forum is invaluable and has helped us so much.
We read all the posts and felt we were really well prepared when we visited last week.
As they say . . .do your homework - forewarned is forearmed

Alli and Dave Cool Wink
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Alli and Dave

Life is what happens whilst you're busy making plans. John Lennon
Sat Feb 10, 2007 11:15 am
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Minx
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Joined: 09 Feb 2007
Posts: 74
Location: United Kingdom

Post Post subject: Decisions?? Reply with quote

Hi Alli and Dave - can I ask if youve made any firm decisions based on this trip? me and my hubby where really set on buying a bar/resturant, but having read some of the posts on this site, we are going over with an open but well informed mind haha.
Sat Feb 10, 2007 11:22 am
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Minx View user's profile Send private message
Dave and Alli
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Joined: 12 Jan 2007
Posts: 377
Location: Canada Blanca Nr Las Galletas

Post Post subject: Reply with quote

Hi Minx - we're both from a hospitality background and have worked in catering and the licensed trade for most of our lives.
Our strong advice would be to avoid buying a bar - there are more bars and places that sell alcohol per square meter in Tenerife than in most other areas of europe.
The profits are wafer thin even in some well positioned bars - people rarely have enough set up costs and therefore run immediatly into cash flow problems and you will be working 16-18 hours a day to break even.

If you add to this the fact that many Brits who run bars are running them for the first time, in a foreign country and mostly without a working knowledge of Spanish, the whole thing becomes a recipe for disaster.

There are some very profitable bars but these are few and far between, just take a look at estate agency sites that sell businesses and you will find literally hundreds of bars for sale. Why?? . . .because they are mostly loss making.

We don't live in Tenerife yet and I'm sure the guys who do live there and contribute regularly to this forum will give you their own point-of-view and advice.

Don't let anyone spoil your dream and if you're really set on running a bar go for it!
Our advice though would be try to find a more unique business or start one from scratch - competition in the catering and licensed trade in Tenerife is mostly 'cut-throat'

Hope this helps.

Alli and Dave Cool Wink
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Alli and Dave

Life is what happens whilst you're busy making plans. John Lennon
Sat Feb 10, 2007 12:12 pm
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DaveR
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Joined: 03 Oct 2006
Posts: 1220

Post Post subject: Reply with quote

Welcome to the forum I'm glad that you are finding it useful.
Sat Feb 10, 2007 12:55 pm
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funky
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Joined: 22 Feb 2006
Posts: 1689
Location: He's behind you ........

Post Post subject: Reply with quote

Welcome from me too. Stick around, its never boring on this forum.... Very Happy
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Sun Feb 11, 2007 5:41 pm
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sunny
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Joined: 19 Jun 2006
Posts: 3456

Post Post subject: Reply with quote

Hi Minx and big welcome from me too. I am sure you will enjoy this forum as we all do, its the best on the reef. Mind you I had better warn you although we like to share our experiences etc we are also a pretty nosey lot, in the best possible way of course. Keep in touch with all your planning and arrangements etc.

Cheers
Sunny Very Happy
Sun Feb 11, 2007 6:39 pm
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heymikey
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Joined: 25 Jan 2007
Posts: 66

Post Post subject: Reply with quote

Hi Minx, welcome to the forum!

I have not been on here long myself and I have found it fantastic too. What a great bunch of people.

I am flying out this coming Tuesday on my own for a month to research moving over there. I and am a bit scared but not as much as I would be without the forum!
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Sun Feb 11, 2007 6:47 pm
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