- Thread starter Kyle
- Start date
Bar Las Flores for sale-7000 for everything
Opened again after an expalnation from Kyle
It looked like he was selling from the title,
Just doing my job, it was moderated and made invisible to the public,
Now it is opened, so lets not sweat the details
It looked like he was selling from the title,
Just doing my job, it was moderated and made invisible to the public,
Now it is opened, so lets not sweat the details
Last edited:
A "new guy" should definitely NOT open a bar..or any other business dealing with the public...as for whether it's a decent deal or not would depend on what exactly is included for $7000 (I assume USD?), what the lease terms are, documented proof of paid bills, no liens, etc...
My thinking too DavidZ.
HOW much owed for back rent, taxes, Edenorte, phone, cable, employees and employee liquidation? How much to repair the what ever need to be repaired that the landlord don't give a hoot about. How long is the lease for and... does not matter since IF the landlord can sell it... your lease is trash. Then you have to control some elements around your business and provide some "thanks" to those that you need to help do that.
A new owner/leaser tends to get stuck with alot the last ones bills since they have vanished with your money and most likely you DON'T have all the paper work to prove anything. Been there and done that.
maybe the 7000 IS in pesos.
Surely all this could be said for any business, so people are simply not advised to invest in business in DR?
Surely the state of a businesses Liabilities are easy enough to check out before taking it on, somehow? People are not expected to just invest in the unknown, even in DR.
Surely the state of a businesses Liabilities are easy enough to check out before taking it on, somehow? People are not expected to just invest in the unknown, even in DR.
What REAL business can you expect to start in the DR or anywhere for $7000? The problem is there are many "new guys" who fantasize about opening a bar, restaurant, colmado, tour biz, etc. and don't do their due diligence. $7000 is "what the hell, I'll give it a shot" money for some people who don't realize when all's said and done, they could be out of a business and 3, 4, or 5x the original investment...or worse!
In Sosua alone there are probably 100 real-life stories like this over the last 10 years...I could list a half dozen or so of people I know personally....most of whom should have known better!
There are a few businesses that could be decent investments in the DR...a call center, transportation company, US branded franchise, specialty farming with export, certain import and export and free-zone businesses, auto repair...to name a few...but not one can be started or purchased for anything close to $7000, or should even be considered by someone who doesn't have strong connections/family here, is fluent in Spanish, and hopefully has lived here at least a couple of years...
In Sosua alone there are probably 100 real-life stories like this over the last 10 years...I could list a half dozen or so of people I know personally....most of whom should have known better!
There are a few businesses that could be decent investments in the DR...a call center, transportation company, US branded franchise, specialty farming with export, certain import and export and free-zone businesses, auto repair...to name a few...but not one can be started or purchased for anything close to $7000, or should even be considered by someone who doesn't have strong connections/family here, is fluent in Spanish, and hopefully has lived here at least a couple of years...
uhh maybe on the old old non computer cars... one piece of equipment can cost 7000.00 ask me how i know. if it was cheap anyone can do it... i know master techs that have close to 200,000 in tools, that does not inlude equipment.
7k dollars is nothing. newbies think OMG, so cheap, what do i have to lose? but this is just the start. 7k for the business. then supplies. then workers. then some necessary fixing and repair. then bills.
some people forget about REAL start up costs. and they keep on thinking they will start breaking even any day but they enter more and more debts.
some people forget about REAL start up costs. and they keep on thinking they will start breaking even any day but they enter more and more debts.
I've never seen more than like 3 customers in there at one time. Don't think you could make much money there.
Club X about 3 or 4 years had a female/male stripper night.....they took it ALL off....and had simulated sex on the dance floor........seriously.......I'm dyin' if I'm lyin' !!!!!!!!!!!!!!
It's a very small bar on Pedro Clisante right across from the Britannia Pub. It's a straight foward bar, a few employees and easy to manage. The most you can expect is to break even during high season. I believe the rent is USD$500/month,
RD$1500 for electricity and about RD$12000 monthly for wages, there is no phone line.
RD$1500 for electricity and about RD$12000 monthly for wages, there is no phone line.
My buddy Asa here in Texas leased an old rundown bar in Oyster Creek Texas that never did have many customers. He was 65. Hired a bunch of girls to strip nude and had the place hoppinin less than a month. Then the woman owner came in and had a cow. jajajaja she threw him out and cancelled the lease. Now its back to the same dive it always was.
I have never seen a customer in there, why not save $7,000 and call the owner of the building directly? Obviously the current tenant is the one "selling it". Isn't Ari a bartender next door??? I am confused.