re: If you had $60k cash to start a business

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Considering name brand franchised businesses are worth anywhere from just under $1m and up if land is leased and start north of $1.5m usually if the land is owned id say $60k wouldn't get you too much of a stake....

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yep. I wanted to open a Hooters at one time in a prime location and town that did not have one at the time and the cost was way over a million. So, funding fell through. no deal.