Stansted, Gatwick and Manchester airport staff cancelled two 24-hour strikes which were to be staged next week. According to the British Travel Agents’ Association, nearly two million British people would go on holiday this weekend and these strikes would have caused lot of disturbance. Also, they predict that today and tomorrow are going to be [...]
Continue reading about Strike Off – Majorca Number One Destination
The small and medium size businesses association, in Majorca, revealed yesterday that the tourists are spending arguably less this year. The food and beverages section of this organization reported that the cafés, bars and restaurants situated in the tourist areas around the coastline said that the trade was 20 to 30 % less this July [...]
Continue reading about Business Sales Majorca Businesses Reporting 30% Drop
Business Information — S’Illot There are a selection of businesses normally for sale in the resort of S’Illot. These can range from British owned bars to Spanish restaurants and the occasional shop. S’Illot itself is a quieter resort although has grown in recent years to meet its neighbour Cala Bona. This has created additional business [...]
Finance Although on a freehold property, the banks in Spain may lend up to 60% of the amount, they will probably not be interested in financing the leasehold or rental business. It may be possible to try to negotiate the terms directly with the business seller for the business, however; you have to understand that [...]