First of all I want to thank to all of you for your observations and comments on my post?
Very helpful !
I have to tell you guys , I have been doing resarch on this matter for a long time and this is what I came up with or better yet why I would like to try doing it?
1.Hot Dog business ( chart ) has relatively low start up cost
2. It is flexible
3.Operational costs are low comparing to potential profits
4. If the Dogs are served fresh, with fresh and soft ( steamed ) buns from a chart that is well menteined and impacabely clean and if the staff is paying attention to the customers , customers are coming back more frekvently than to those who are not doing it. And this point, in my mind, is exactly where is a huge oportuniy as far as Santo Domingo is consrned.And I am talking here, as Snuffy has said, upscale area of town ( Naco, Piantini, Bella Vista, Arroyo Hondo...), with population that can afford cuality in life and is willing to pay for it. Now saying that I don?t want you guys to think that I will charge hunderts of pesos for one Dog. Hot Dog is fast and cheap food , and according to my resarch it can be sold at the same price that is been sold right now. Another point that I see as a opportunity are Special Events and Catering service. Not right on the beginning but after people get to know it they may like to have it on theirs parties !!!
Anyway there is still work to do and tomorrow I go to Santo Domingo ( I am in Bavaro now ) to check few things ( and I?ll let you know how is going on?.)Keep posting your opinions, it is of great help!!
P.S.
Anybody knows anything about permits, licences, and this legal stuff ??
Sorry about my English !!!
Happy and prosperus New 2006 !!!
Dean
Very helpful !
I have to tell you guys , I have been doing resarch on this matter for a long time and this is what I came up with or better yet why I would like to try doing it?
1.Hot Dog business ( chart ) has relatively low start up cost
2. It is flexible
3.Operational costs are low comparing to potential profits
4. If the Dogs are served fresh, with fresh and soft ( steamed ) buns from a chart that is well menteined and impacabely clean and if the staff is paying attention to the customers , customers are coming back more frekvently than to those who are not doing it. And this point, in my mind, is exactly where is a huge oportuniy as far as Santo Domingo is consrned.And I am talking here, as Snuffy has said, upscale area of town ( Naco, Piantini, Bella Vista, Arroyo Hondo...), with population that can afford cuality in life and is willing to pay for it. Now saying that I don?t want you guys to think that I will charge hunderts of pesos for one Dog. Hot Dog is fast and cheap food , and according to my resarch it can be sold at the same price that is been sold right now. Another point that I see as a opportunity are Special Events and Catering service. Not right on the beginning but after people get to know it they may like to have it on theirs parties !!!
Anyway there is still work to do and tomorrow I go to Santo Domingo ( I am in Bavaro now ) to check few things ( and I?ll let you know how is going on?.)Keep posting your opinions, it is of great help!!
P.S.
Anybody knows anything about permits, licences, and this legal stuff ??
Sorry about my English !!!
Happy and prosperus New 2006 !!!
Dean