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-   -   Which franchise would you purchase? (https://gfy.com/showthread.php?t=171943)

AaronM 09-07-2003 07:50 PM

Killer sig placement.

50 BIATCH!

Za Ha 09-07-2003 08:06 PM

Tipsy - LOL ya id get a few from lil2rich as well.

GeXus - Quiznos is good but subway and mr. sub are big competition in toronto

Furious_Female - beer stores are goverment owned in canada and the whole money lending thing is too stressful for me

Ill call and see how Krispy Kreme is in Canada cause if they might still have a few availlable here...

self storage seems like a long term investment... cause i dont think u will fill up your whole place right away but sounds pretty good.. but i think krispy kreme is the best choice for the toronto area cause real estate is really hot right now so it wont be easy to rent

Vox 09-07-2003 08:11 PM

Quote:

Originally posted by brand0n
ive never seen a mcdonalds close
I've seen 3 of them close in the Montreal region. Two of them closed because idiots wanted to start a union.

Vox 09-07-2003 08:15 PM

Quote:

Originally posted by Za Ha


Ill call and see how Krispy Kreme is in Canada cause if they might still have a few availlable here...


Good luck trying to get a Krispy Kreme, One guy owns the master franchise rights for eastern Canada, and he is real picky on who gets a franchise and location.

lexr 09-07-2003 08:36 PM

Honestly, for constant income producing businesses I strongly suggest real estate (office buildings, self-storage, apartment complexes).

Though, I doubt $150k will cut it really. Though, you can find properties for that little, but still it'd be tough to make decent cash from it. If you had a million (including loans, etc) then you can get something good.

I wouldn't consider franchise opportunities really. Too much hassle. Especially if you hope to continue in the adult business (ie: be an absentee owner of the non-adult business).

Ic3m4nZ 09-07-2003 08:47 PM

Microsoft :1orglaugh

Nismo 09-07-2003 08:48 PM

fuck it man, just go to Vegas

KRL 09-07-2003 08:50 PM

Payday loans also very lucrative.

Shoplifter 09-07-2003 08:54 PM

I feel I can make more putting liquid assets in a money market account than by opening a franchise. I mean how many G's a month profit will you make from a Subway? Almost certainly not enough to make it worth doing.

How long would you have to run some franchise before you were in the black? I guarantee I could start a new adult site from a cold start tomorrow and do better.

Za Ha 09-07-2003 09:00 PM

Quote:

Originally posted by lexr
Though, I doubt $150k will cut it really. Though, you can find properties for that little, but still it'd be tough to make decent cash from it. If you had a million (including loans, etc) then you can get something good.
$150k as a 10% investment is over a mil when u put loans in the equation... I dont want to invest more then 10% I want other ppls money to make me money.

HEARTBREAKER 09-07-2003 09:07 PM

well, there's no guarantee that your chosen business will prosper or not but to tell you frankly, food business is a really good one to start with cause it's a basic need of everybody!
so, go for it man!!:thumbsup :thumbsup

hershie 09-07-2003 09:10 PM

Quote:

Originally posted by Vox


Good luck trying to get a Krispy Kreme, One guy owns the master franchise rights for eastern Canada, and he is real picky on who gets a franchise and location.

There is one company out of Chicago that has the master franchise for BC, Alberta, Hawaii, Alaska and Washington and I believe want to develop all the locations in those states and provinces themselves.

Nismo 09-07-2003 09:12 PM

Quote:

Originally posted by MSB
well, there's no guarantee that your chosen business will prosper or not but to tell you frankly, food business is a really good one to start with cause it's a basic need of everybody!
so, go for it man!!:thumbsup :thumbsup

worst advice in this thread.

the food biz is one of the HARDEST to turn a dime. 90% of all restuarants fail in their 1st year. think about that :winkwink:

slapass 09-07-2003 09:14 PM

Commercial real Estate is 75% loan to value so you are looking for a 500k piece of property as there are soft costs too. The best thing is yields are out of site. I have not seen just brute cash on cash returns like this ever and I owned "low income property" before.

Andy P 09-07-2003 09:31 PM

Mc D's second largest franchise went flip flop last year.. turning a profit with them isn't as easy as it looks..

if i where to invest now Id go for offshore real estate, several countries are booming.. of course it requires alittle more attention but hey - its part of the fun!.

Andy P 09-07-2003 09:46 PM

Quote:

Originally posted by KRL
Payday loans also very lucrative.
Really ?
Ive been spammed with that a few times, it's alittle interesting.. can imagine quiet a few teenagers would swallow something like that. Can you tell me something about it ? is there any hassle with laws and regulations ?

Snake Doctor 09-07-2003 11:04 PM

It really wouldn't be wise to start a business that you don't know how to run.
I used to work for a convenience store corporation that franchised out locations.
People think "hey its brand name recognition, its always busy, it must make money"
Then 6 months later they're losing their ass and the corporation takes the store back from you and you get diddly shit from your investment.

If you've run restuarants before and know how to run one profitably, then sure, invest your money in a restuaraunt.
If you've never run a restuarant before, then don't think that just because you have the cash to start one that you'll make money with it.

It would be like some guy who made a bunch of money in resturaunts saying "I think I'll open some porn sites, I hear they make good money"
And then with no knowledge of the biz comes in and spends a ton of money on some paysites. What do you think his odds of success will be?

Go with what you know, otherwise just find a good investment guy and stick your cash in securities or something.

sexyavs 09-08-2003 03:31 AM

Actually this is a pretty good thread..

and if your not planning an exit from this business or getting a back up plan.. I suggest you search for "Visa" in the search box...

It could all end at anytime..

If recurring memberships are killed.. how many would do tgps etc for 10.00 a sale?

Chris

Jer 09-08-2003 04:09 AM

Quote:

Originally posted by brand0n
ive never seen a mcdonalds close
Me too, but I've seen a mcdonalds being sold because the owner wasn't doing good with it. And it was in a prime location.

Furious_Female 09-08-2003 04:14 AM

I know the food/restaurant business is a hard business to get into and maintain, mainly because of saturation. However, a food niche might be worthy of investment.

Such as; a low-carb food store. Not a typical health store, that carries imported tofu and what not. But with all the crazed Atkins diet people, eating 7 lbs of bacon instead of a slice of bread, there's a whole new market for sugar free/low carb/carb free foods.

I'm not an Atkins diet fanatic, I just watch my sugar intake as a rule of health anyway, but I recently spent $58 on 6 low carb bagels and loaf of bread. ($13 for the items, $45 to ship) ...They tasted like cardboard to boot! But, point being... people are going crazy for the foods online, and I'm sure they would buy even more offline, in a store that specializes in just that.

Bottom line is, there aren't many investments you can make in offline businesses, that have phenomonal kick backs, immediately. Mostly anything, is going to be a long time investment. The best advice you can take about running a small business or whatever, is to be as involved in it as you can be. If you want to put money in something and walk away, by all means, buy real estate. Which you also have to maintain and deal with tenant issues for.

If you get into anything retail, do as much of the work as you can, for yourself. Hiring teenage help and/or minimum wage workers, to do what you can do for yourself, is a sure way to lose money right away. I dread going to stores anymore, shitty service from dead end job employees and/or kids that really don't care. You get what you pay for, and the only one who truly cares how much money you will make, is yourself.

Research as much as possible. Unless you have money to burn, know what you are getting into 110% :thumbsup

Za Ha 09-08-2003 05:01 AM

Furious_Female, the atikins type of store is a great idea, I am on the verge of finishing his book and while looking for low carb stuff in my regular food stores I am getting frustrated cause nothing is there... hmm ill look into that as well, not a bad idea at all.

PigBlimpin' 09-08-2003 05:04 AM

Krystal Burgers *
White Castle *
Krispy Kreme
McD's
Taco Bell
Subway

All good investments.

* these would make a killing on the west coast U.S.

Sarah_Jayne 09-08-2003 06:09 AM

what about getting something you can stick in a food court in a mall somewhere..rent the space and see how it goes.

Low carb is a good idea too..trendy as anything..the UK has its first range of Low Carb foods comming into supermarkets soon..no doubt N. America is a head of us. Of course, once the trend it over it isn't going to be as hot .

Dusen 09-08-2003 06:11 AM

I like the self-storage Idea. $100k to put up a secured location and alarm the perimeter.

Put up big assed signs along the highway to advertise - that is how they do it here :)

sweetcuties 09-08-2003 06:16 AM

Quote:

Originally posted by Dusen
I like the self-storage Idea. $100k to put up a secured location and alarm the perimeter.

Put up big assed signs along the highway to advertise - that is how they do it here :)

Lately, I've been thinking about this... it's huge where I live. This is perfect in a transiant area. Does anyone have info? Last night, I went to yahoo and typed in "storage" but I ended up getting alot of franchise stuff... I'm not a believer in a franchise.

There's got to be at least one person on this board that has a storage facility.

BVF 09-08-2003 06:17 AM

I'd put a Church's Chicken right in the middle of the Ghetto....

nike 09-08-2003 06:21 AM

Is Spearmint Rhino a franchise?


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