| Advice on buying an Inn | |
|---|---|
| Jun 4, 2008 03:17 |   |
 | I have a dream to own and run an Inn or a small guesthouse. Now having travelled China several times and experiencing what it has to offer I quite like the idea of having one there. Has anyone else done this? can anyone offer me advise on how to go about persuing this dream? I have no idea about how much money I would need, how to recruit staff, taxes etc. Any advise would be much appreciated. |
| Jun 4, 2008 20:01 | #1 |
| Dave, there is a bloke who has just opened a Bar in Beijing. He is either an Ozy or a Pom, I'm not sure. But he would I imagine know the ins and outs of seting up a similar business. Sorry i cann't remember the name of the place. Perhaps someone else here would know it though. Anyway, sounds like a great dream. Good luck, Dodger. |
| Jun 9, 2008 08:13 | #2 |
| Thanks, I am sure someone out there will have a few ideas. |
| Jun 10, 2008 05:57 | #3 |
| Check out the website Yangshuo Outside Inn www.yangshuo-outside.com/. The guy is Belgian or Dutch and he has leased a small village outside Yangshuo and opened a Hostel/Inn. He would be a good source of information. |
| Jun 10, 2008 16:38 | #4 |
| Good idea, I stayed there a month ago. Should have spoken to him then. |
| Jun 14, 2008 11:28 | #5 |
| Foreigners often have to pay a substantial deposit or show they have it in the bank. This is usually avoided if you open the business in a local's name. It seems that paying 'special fees' can speed the process and even make it possible ! |
| Jun 22, 2008 15:31 | #6 |
| Would anyone have even a rough idea on how much it would cost me to buy a small inn/guesthouse? I am thinking nothing big, maybe 3/4 guest rooms. Not in a big city either, I would probably go for smaller town. Also what is the going rate for wages, how much would I need to pay for staff per month? |
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