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  1. #1
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    Default My predictions of businesses that will fail in near future.

    As always, businesses open and close in santiago almost every month. Some businesses fail before they even open up to public. No one would go there because of location.
    Anyway here are my predictions for businesses that will soon bite the dust.

    Almost all the stores in las colinas mall are in danger of extinction. No one goes there and the business is close to dead for everyone. Even the movie theater is empty on weekends. The only store that is doing good there is the splash ice cream store. Even thats nothing to write home about. The supermarket is hurting badly. more than 1/2 the mall is still not finished and no body is renting there.

    The bembe bar is santiago is doing bad and the only reason its still open is becasue the owner seems to have cash to burn.

    friendly sandwich in plaza internacional is in a bad spot. This spot has a curse on it. No matter who opens up there, goes out of business. So I hope I am wrong on this one.

    The new El mundo de Juguete is all empty. No cars in the lot, even on christmas days. Its a new huge mega toy store on bartalome colon. The electric bill alone will kill them. They better generate business soon or they are out.

    The only reason Multicentre salvador is still in business is because the owner owns the shole property and uses no a/c. So his expenses are minimal. Besides, he sells fabric and fake brand clothes. I am sure he is not making a killing there at all.

    the restaurants and discos which were doing bad are already shut down. Some are on the verge of collaspe. The bars seem to have people inside, but few people are spending money and buying drinks.

    Mist, the disco in front of ahibar will soon bite the dust.

    delta airlines will not be able to sustain atlanta - puerto plata route for a long time if they don't fill up those planes soon. The rest of the routes in DR are doing ok.

    the businesses that will continue to do good in santiago are:
    Ahi bar
    Kukara makara
    carrito de marchena
    montebar
    most stores in plaza internacional
    francifol cafe on weekends
    capreso in plaza optimus
    pizza hut
    dolce disco
    etc
    feel free to add to my lists.
    AZB

  2. #2
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    Default It Is Always a Safe Bet,Betting That A business Will Fail In The DR!

    MOST DO!
    They are never sufficiently capitalized. If they borrow to open a business,the huge interest payments soon drive them out of business1
    they open in the most desolate places they can find because the rent is less,and then complain they have no customers!When you drive from Santiago to Santo Domingo,how many closed businesses do you see? Do they actualy think that their "Parada" will be sucessful when 100 others have failed?
    CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCcc

  3. #3
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    I just love to see dominican yorks, or dominicans who spent almost all their lives outside of DR and then return with cash to open up a stupid business that is guaranteed to shut down in short time. This happens so much that it sometimes bring tears to my eyes, from laughing out loud.
    AZB

  4. #4
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    Quote Originally Posted by AZB View Post
    I just love to see dominican yorks, or dominicans who spent almost all their lives outside of DR and then return with cash to open up a stupid business that is guaranteed to shut down in short time. This happens so much that it sometimes bring tears to my eyes, from laughing out loud.
    AZB
    Why would you get joy out of seeing someone else try to do something to make their lives a little better for themselves and their families and then not succeed???

  5. #5
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    3 weeks ago while in a cab, the driver was argueing with his brother on the phone. His brother wanted to open a high class restaurant i do not remember what pueblo. The cabdriver was telling his brother Vas a fracasar. Dominicans in that pueblo do not care about high class just open a place and sell frias with loud music.

  6. #6
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    Quote Originally Posted by GeeDee View Post
    Why would you get joy out of seeing someone else try to do something to make their lives a little better for themselves and their families and then not succeed???
    It used to be sad before, but after you see these folks make so many ridiculous decisions to make businesses that are bound to fail you can't help but laugh in the end. they come here with this american mentality, if whatever they will open, will turn into a gold mine. the problem is, they come here with american Mindset.
    These dominicans have lived so many years outside of DR that they have little idea of what is happening here at the moment. they are completely as clueless as the visiting foreigners. They speak good spanish so one would confuse them for a real dominican. Nop!
    They usually have real contacts with barrio folks who also have no idea of what business to open if they had some money. So the same folks guide the incoming fresh dominicans from other countries, and advice them to open up businesses in bad locations and a business which is also bound to bite the dust: example: a restaurant (dah, hahahahaha), like all of them haven't gone bankrupt yet, a Bar, a carwash, clothing store etc etc.
    They don't seem to realize that only a few bars and a few restaurants have survived in santiago, the rest of the businesses are only sufficient to let you make a basic living; not enough to pay for your american life style. Look at the colmado owners, you think they are making a killing? Do they own a car?
    So when these gung ho type dominicans from outside this country come back with hefty cash bank balances and think they will take over this city by storm, we sit and watch them fall.
    AZB

  7. #7
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    AZB,
    For what it's worth the owners of the sandwich shop in Plaza Internacional have arguably two of the more successful restaurants in Cabarete for a few years now. Very hard workers & seemingly business savvy. Granted - Santiago is a diff't market than the tourist areas...

  8. #8
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    We had been to Las Colinas a couple of times and they were pretty packed, it is sad to see that they are failing. The two things they had going against them were the location and prices. The prices seemed to be even higher than La Sirena and with the poor demographics in the area, they really need to have lower prices in order that the ave. Dom will justify paying for a carro to go there. If they can make that adjustment it could work because many locals will pay the carro fare to save a few pesos.

  9. #9
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    I don't know Santiago too well, but I agree with 3 points easily, because it's blatant:

    Kukaramakara will go on. It's a well organized operation, well run, we a fair price an quality. I have eaten there several times, and quality has staid constant.

    Las colinas mall is a disaster in several ways: It's location does not relate to anything around, the inner layout is unattractive, especially the upper level. Yes, it will go to the dogs and I even heard rumors about Jumbo maybe pulling out of there(?).

    Mundo del Jugete is way too expensive. Select items can cost a full multiple of what a comparable items sell for at Sirena, El Encanto and even Jumbo and Price Mart.

    ... J-D.

  10. #10
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    Quote Originally Posted by CFA123 View Post
    AZB,
    For what it's worth the owners of the sandwich shop in Plaza Internacional have arguably two of the more successful restaurants in Cabarete for a few years now. Very hard workers & seemingly business savvy. Granted - Santiago is a diff't market than the tourist areas...
    I am glad to see this business is well established in DR. My point was, the location of that spot. Don't know why, but a taco bell, a mexican food place and some other business has already tried that spot and failed. I am glad to see I am wrong on this case of this new venture.
    AZB

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