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Investment opportunity - mainstream
Mainstream entertainment with more or less guaranteed return,
the original investor is from Europe, has all the equipment bought already, and would take someone from US as a partner, as he wants to run it also in US and would have a hard time to get through all the paperwork required (permissions, insurance, etc.) He would tell you more about finance / expected returns etc. If interested, please drop me a short mail at: carl.borowitz (at) gmail (dot) com Many Thanks |
Bump, just in case anyone would be interested.
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TIP: don't start a "Not one fuckin reply....you have to be kidding me" thread tomorrow
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europe or Nigeria?
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This is no brainer and extremely tangible, no need for any typical GFY feedback..
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Can you post more information?
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more info would be nice.
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It's actually a "reverse bungee jumping" (I hope I spell it right), I'm a bit afraid something like this needs a lot of paperwork and a good location.
But I also believe you have very much guaranteed return. |
So in essence a human slingshot. Which I do not think is unique as I seem to recall them from somewhere.
Forget paperwork. Aside from good location, I also expect a shit load of insurance since everyone in America is lawsuit happy. Also do not see how this would be a guaranteed return, even if you found a way to make it travel with the fairs. Of course then there is the issue that I just do not see people spending money on something like that in todays economy. People really do seem to be buying stuff that has multiple uses for the dollar - hence video game sales and such. |
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I believe I heard there was someone trying to do this in Vegas, and made about $ 8 mil. before he forgot to split with someone related to "state" and got banned permanently. Bullshit sells. |
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Fuck me, just checked. They do have them at standard fairs it looks like. Then again they have been around for more than a decade. Just seems to be most popular in NZ (place of origin) and the UK. |
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:winkwink: |
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:winkwink: |
Um, yes...
By more information, I was hoping to get: - A full explanaion of the business model - A little background on the owners would be nice. - Does he already have a location? If so, where? - How many locations are you starting with? - Franchise possibilities? - Is it in a high traffic area such as a fair? Can I see it on Google Earth? - What is the cost of the location? Is it a rental? What are the licenses required? - What are taxes like? Has the market been tested? Is there a competing business nearby? - What is the general business plan? What is the cost of labour? - Insurance, Insurance, Insurance? - Who are the other investors? Thanks in advance! |
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I have tried reverse bungy before. They are great, and REALLY scary. They have a big one here in Montreal at 6 Flags / Laronde. They charge about $60.00 per person for a 5 minute ride. I think the ride costs $5.00 to operate for 5 minutes, and $55.00 per person in insurance. Still - FUN!!
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sounds like a cool ride to try :)
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