- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: how hard is it to buy into a franchise business
Posted on 4/24/24 at 1:13 pm to BottomlandBrew
Posted on 4/24/24 at 1:13 pm to BottomlandBrew
A family member just started a men's barber shop franchise a month ago. They said they needed $500k to get the franchise then another $200k for the buildout of the storefront. First month open they did over $20,000 in total revenue, which was a little more than break even. Goal is to get to about $30-$32,000 a month so they can take home $10k a month. Then open another one.
They'll get there but they didn't do much market competition research, there were 13 other men's grooming places within a 20 mile radius of their place.
They'll get there but they didn't do much market competition research, there were 13 other men's grooming places within a 20 mile radius of their place.
1
Posted on 4/24/24 at 1:45 pm to HangingWithMrCooper
so 700k invested to take home 10k a month??
you can get 7k a month doing nothing and throwing it into QYLD or RYLD.
you can get 7k a month doing nothing and throwing it into QYLD or RYLD.
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News