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Posted on: April 28th, 2008
Filed Under: [ Business ] [ Blogante Business ] [ Virginia ]
Tags: prince william county
Newsletter readers - Don't forget HispanicTIPS - Gracias, Tomás
This is exactly the kind of reception Castro was hoping for. Castro’s Todos Supermarkets have long served the Hispanic communities of Alexandria and Woodbridge, but with his new store in Dumfries, Castro is trying to expand his base.
It is the biggest risk of his career. He borrowed $1.5 million and invested about $500,000 of his own savings.
When he signed the lease last April, there was a thriving Hispanic community along Route 1. Now the housing bust and Prince William County’s crackdown on illegal immigrants have driven many Hispanics out, he said, threatening his business model.”*
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