Originally Posted by MrMaxwell

The gross sales are supposedly $5000/wk and the margin is supposedly 250% (she told me "two and a half" so that's how I interpreted that for now)
That's actually believable for adult merchandise if you ask me .. Especially factoring in comp DVD sales which actually still sell for some reason here
So if the GOI is $250k that means I could likely keep as much as $150k before the taxes
It seems too good to be true if you ask me
Another thing is the property itself is included in the deal
And the best part is the building is half empty which is another possible stream of income
A sex shop is the last fkn thing I want to own, I think it's a less than solid business
But this is too juicy, this deal.. FFS
If there really are strong consistent sales and there is a debt free property and a store full of inventory I don't see how I can pass on this

Wait and see me buy it only to find out the county won't let me operate any longer or some shit, right? Something has to be wrong, here. I figured on him being in a rush to sell which would make something like that seem likely but he isn't AT ALL
What do you think about this deal
My plan is to acquire income producing real estate - especially commercial deals where I can force appreciation to happen (my day business is going to be reselling automobiles and telephones and etc)