Fernando Arcay's business life has reached a new level of success with the opening of a joint-business venture, Arcay Group LLC, which proves to be the culmination of over 25 years of business experience spanning retail, restaurants, and several continents.
At the tender age of 51, Mr. Arcay has amassed a history well beyond his years. A Venezuela-native, he has lived a life of adventure and through trial-and-error he has earned his success.
His journey truly began when he travelled to the US at age 17 to take English courses at a school in Kansas City. Two years later he moved to Florida to attend an aviation academy. He graduated and returned to Venezuela to achieve his first dream: serve as a commercial pilot. However, nearly five years into the career, his family urged him to go into a safer industry, following the death of a family member in a plane accident.
His father benevolently offered him money to open a business; the decision would mark a lifetime of fearlessness and instill a true sense of gratitude and humility in Mr. Arcay. Without much ado, he opened a unisex retail store. The clothing was made in-house by his tailor friends. They constructed a fashion line and began selling. His first store was surprisingly popular and soon enough he opened a second store. In the midst of his success in fashion retail, Mr. Arcay smelled a new venture on the horizon. He reminisced on his college days in America, relishing his memories of coffee from Dunkin Donuts. However, this being the 80’s, there was no Dunkin Donuts in Venezuela so Mr. Arcay decided to open one. The first Dunkin Donuts was a tremendous hit and the location remains open until this day.