'It's like starting over:' Ybor city cigar company feeling the burn from rising costs
Share this @internewscast.com

TAMPA, Fla. (WFLA) — Ybor has held the title of Cigar City for more than a century, a distinction earned through generations of expertise in hand-rolled cigars that have significantly contributed to the local economy. However, small cigar businesses now express concern that current economic challenges are putting this storied tradition at risk.

Tabanero Cigars, a staple in Tampa for 15 years, finds its legacy in jeopardy as its owner faces evaporating profit margins. To sustain the business, he has opted to move production overseas.

“As a small business operating as a cigar lounge for a long time, we had hoped for an economic turnaround or some form of external rescue, but that hasn’t materialized,” said owner Yanko Maceda.

Maceda said rising tariffs and inflation are threatening the core of his business. More than a decade of branding and loyal customers haven’t been enough to shield his shop from economic strain. He’s seen slowdowns before but says this one cut deeper.

“So, we tried to figure out how we can expose more of this to people, because that idea of waiting on the economy to turn around, I think that doesn’t work on a new age,” Yanko said.

Rather than wait for relief, Maceda said he moved part of his production to Nicaragua cutting costs where he could keep prices reasonable and doors open.

“We feel that we are starting all over again, all over again, with the difference that we have brand ourselves for the last 15 years, but when you look at the numbers, it’s like starting all over again,” said Maceda.

Maceda said they are doing what they can to stay in business. he said the current economy leaves no room for error.

Share this @internewscast.com
You May Also Like

Two Staff Members from Israeli Embassy Shot Dead Near DC Jewish Museum

WASHINGTON (AP) — On Wednesday night, two staff members from the Israeli…

Judge Rules South Sudan Deportation Flight Defied Court Order

A federal judge said Wednesday the Trump administration violated his order when…

Russia and Ukraine Commence Prisoner Exchange, Yet Peace Negotiations Stay Stalled

According to a Ukrainian military source, Russia and Ukraine initiated a significant…

FDA chief urges examination of disease root causes, according to MAHA report

() FDA Commissioner Dr. Marty Makary said Thursday that the United States…

Nurse Who Adopted NICU Baby 18 Years Ago to Celebrate His High School Graduation

GRAND RAPIDS, Mich. (WOOD) A young man will graduate from Jenison High…

Official: Religious Charter Schools Still Viable After High Court Stalemate

() An Oklahoma state official vowed Thursday to revive plans for a publicly…

Abraham Lincoln Relics Auctioned Off, Generating Almost $8 Million for Foundation

CHICAGO (WGN) – A trove of historic artifacts and memorabilia associated with…

Former Indiana Governor Critiques the ‘Big, Beautiful Bill’ for Falling Short

() After overnight meetings and last-minute changes, the House of Representatives voted…

Split Decision: Supreme Court Denies Approval for Public Religious Charter School in Oklahoma

The Supreme Court deadlocked 4-4 on whether to approve the nation’s first…

Defense Seeks Separate Trials for Mother and Boyfriend in West Melbourne Toddler Murder Case

BREVARD COUNTY, Fla. – This summer, a mother and her boyfriend will…

Ellie Emberson of Fisher Named WCIA 3 Athlete of the Week

FISHER, Ill. (WCIA) — Fisher freshman Ellie Emberson is already breaking records,…

Details Unveiled About the Suspect in the Capital Jewish Museum Shooting

Federal officials are examining writings believed to be linked to the man…