Looking for Investor-partner for hostel in Budapest
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Hi Everyone, I'm interested in investing and operating an (approx.) 30 bed hostel in the Central Eastern European city of Budapest (Hungary). Budapest, I believe, has a huge tourist potential going forward, and is already making its mark as one of the most visited cities in Europe; is also sometimes also referred to as the Bride of the Danube or the Paris of the East. I have done significant research into what would make for a popular hostel in this city, and have also done substantial cost and revenue estimates. At the same time, I believe, I have a few very good ideas which can make this particular project stand out from amongst the rest in Budapest. But to materialise this dream/ objective, I eagerly look forward to having a business-investor partner who meets the following criteria:- (1) Is experienced in running a hostel, preferably (but not compulsorily) in Budapest. (2) Already owns & operates a hostel, preferably (but not compulsorily) in Budapest, and would like to expand or start a new project/ hostel. (3) Is able to invest around 30k - 40k euros. Because I am not a resident of Budapest/Hungary, therefore I would prefer to have a local resident of the region (Budapest/EU) to help raise this ideal project from paper/theory (at the moment) to concrete reality (in the near future) and to run it alongside myself. Just to give a heads up, I have even estimated the detergent quantity and costs that may be incurred in the first year and have a fairly good idea of what the hostel might look like. But, ofcourse, someone on the ground there in Budapest (or EU), and with the experience of running/owning a hostel with the will to invest (alongside myself), would be the ideal candidate to help raise and run this project (alongside myself) into reality. Briefly, it would be around 220-250 sq m space hostel with aprox 28-30 beds and would have all the facilities of an ideal hostel, located in an ideal locality, and would have a very attractive theme and ambience. I believe the investment-partnership might be divided on a 40:60 ratio/basis or it could be varied, depending on the investment numbers that would become more clear as we work together on the plans of the project. Therefore, anybody (in HU or EU) with some experience of hostel management, who is serious in owning, starting and operating a successful & popular hostel in Budapest, may please please please :) contact me immediately so that we can work together further on this project on how to bring about this great idea into reality. Briefly, about me, I am a banker by profession, and Im a friendly and reasonable guy to work with, who's forte, it seems, lies very much elsewhere and not in a banking environment. Thanks in advance for taking the time out to read this message through. Best Regards, Faisal
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