I would be very careful about opening a shop in Ibiza.
I have had three.
Two lost shedloads of money. The third just about keeps going.
Unless you have a business that appeals to the general public year around and not just the tourist market i would say forget it and even then do a lot of market research.
The season is very, very short and most shops go on sale mid August.
Good staff are difficult to find.
There are a lot of stealth taxes involved that are not that apparent when starting.
To find a good location people are still asking for a ''Trespassa'' (key money) even though in theory it's meant to be illegal. For a good location it can be about 80K.
The only UK based shop that is in Ibiza as well is Accessorize.
This is because Peter Simon the owner of Monsoon and Accessorize has a house on the Island and his daughter was running it.
There is a shop with the ''All Saints'' logo above. However I think they are just buying in the brand.
I have had three.
Two lost shedloads of money. The third just about keeps going.
Unless you have a business that appeals to the general public year around and not just the tourist market i would say forget it and even then do a lot of market research.
The season is very, very short and most shops go on sale mid August.
Good staff are difficult to find.
There are a lot of stealth taxes involved that are not that apparent when starting.
To find a good location people are still asking for a ''Trespassa'' (key money) even though in theory it's meant to be illegal. For a good location it can be about 80K.
The only UK based shop that is in Ibiza as well is Accessorize.
This is because Peter Simon the owner of Monsoon and Accessorize has a house on the Island and his daughter was running it.
There is a shop with the ''All Saints'' logo above. However I think they are just buying in the brand.