Anyone know of any bars for sale?

[lins150]

Hello!

I was wondering if anyone knows of any bars for sale in the Cabarete, Sosua, Sabaneta area. Maybe private sales? Specifially some that wouldn't be listed through real estate agents. My boyfriend and I are dealing with a couple real estate agents at the moment but are looking for the properties that the public doesn't know about....if there is any. If anyone knows of any can you please PM me?

The reason i'm asking is that we're thinking of relocating to either of the above places next year from Canada. My boyfriend has lived in the DR for 3 years about 4 years ago opening bars and clubs for people and now we're ready to go back and open our own. It's always been his dream to open his own bar in the DR so we're now looking for the right place!

Thanks for you help! I hope there are some listings out there!

[Tamborista]

Every bar is for sale in Sosua and Cabarete!

[AK74]

Originally Posted by lins150

Hello!

I was wondering if anyone knows of any bars for sale in the Cabarete, Sosua, Sabaneta area. Maybe private sales? Specifially some that wouldn't be listed through real estate agents. My boyfriend and I are dealing with a couple real estate agents at the moment but are looking for the properties that the public doesn't know about....if there is any. If anyone knows of any can you please PM me?

The reason i'm asking is that we're thinking of relocating to either of the above places next year from Canada. My boyfriend has lived in the DR for 3 years about 4 years ago opening bars and clubs for people and now we're ready to go back and open our own. It's always been his dream to open his own bar in the DR so we're now looking for the right place!

Thanks for you help! I hope there are some listings out there!

Talk to Willy. He needs a partner/manager to open a night club in Cabarete. Under Willy`s big wing your fboy will be save and happy!!

[KikoPresidente]

Tamborista is CORRECT.
If you see a place you like or think is what you envision. THEY are ALL for sale.

[bryan1258]

Casa Manana Bar is for sale in Sosua for only 500k US. How could anyone resist?

[BushBaby]

Originally Posted by bryan1258

Casa Manana Bar is for sale in Sosua for only 500k US. How could anyone resist?

Hmmmm, at that price it might not have a proper drinks licence, or Titular, or stock, or still have a mortgage hanging on it! Maybe the owner knows that his creditors will be coming round shortly & wants to sell up beforehand so that the NEW owner has to pay them?
Just joking here Mr/Ms. owner of Casa Mañana Bar to make some of the points as to what lins150 & B/friend will have to watch out for when making the (ill advised) purchase!! ~ Grahame.

[bryan1258]

Originally Posted by BushBaby

Hmmmm, at that price it might not have a proper drinks licence, or Titular, or stock, or still have a mortgage hanging on it! Maybe the owner knows that his creditors will be coming round shortly & wants to sell up beforehand so that the NEW owner has to pay them?
Just joking here Mr/Ms. owner of Casa Mañana Bar to make some of the points as to what lins150 & B/friend will have to watch out for when making the (ill advised) purchase!! ~ Grahame.

You're speaking hypothetically of course

[lins150]

of course! Hypothetically.

[badpiece33]

Originally Posted by Tamborista

Every bar is for sale in Sosua and Cabarete!

So true, Everything is for sale as soon as people buy them.

[J D Sauser]

Originally Posted by Tamborista

Every bar is for sale in Sosua and Cabarete!

I was just going to post the same. Good thing I read thru the whole thread for once.
Really, one could expand this quote with, everyTHING / everyBODY is for sale (or rent).

I would NOT know too many establishments which seem so profitable that they would be appealing take over targets.
Most bar sales, btw, do NOT include the real estate and are merely "business" sales with questionable rental contracts being pushed over the table on properties which are quite often in a questionable legal situation, ranging from legally non-existent (too close to the sea) to unclear ownership (title discrepancy between the land and the object).

Most places which do some sizable business depend much on the original owner's name, image and experience and also on the front line employees, two ingredients of a business scheme which can not really be secured in such a transaction.

I always advise prospect bar owners to try their hand first at something light without committing too much money, like renting a kiosk bar at Puerto Plata's downtown Malecon (beach avenue) new little buildings for 3000 to 6000 Pesos per month. There are little formalities, the spots are small and easy to re-format we a new idea to test drive.
If you feel disenchanted with results, all you will have lost is some time and little money for you life here, but NO large principal amount stuck into something which turns out not as easy to sell as it was to buy it.

But that was not the OP's question... so back to Tambo's answer:

Every bar is for sale in Sosua and Cabarete!

... J-D.