Investment-Managerial Partner wanted for Prague

Hi All, I am interested in starting up a 30-40 bed hostel in Prague, CZ. If anyone has some experience or training in hospitality, do get in touch with me.

I have a banking background and have some idea of the hostel business. But I would like someone in the region there to help me start up and run the place as an investor-managerial partner, perhaps on a 50-50 or 60-40 partnership basis.

I have some ideas that can be implemented into making it a successful venture. I am also interested in having college dorm facilities combined with the hostel facility in the same place. At present I am in conversation with some people to guide me on the planning and costing of the business idea. However, as I said before, it would be great to have a (preferably EU or CZ resident) business partner to get on board. I have pretty much done the operational costing and have a business plan in mind, plus the premises structure how it can be modeled, have also shortlisted some premises in Prague 1 & 2 for the said purpose, to be rented at reasonable rent. Also hired a virtual assistant to help with the costing bit.

But of course a serious business partnership from the CEE region from someone responsible, determined, honest & experienced/ having knowledge in this regard would be instrumental in completing the planning and starting the implementation phase.

Looking forward to hearing from interested parties.

Thanks & Regards,
Faisal