What are some good small businesses to start for less than 50-75K? | Page 2 | TigerDroppings.com

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couv1217
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Baton Rouge, LA
Member since Sep 2007
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re: What are some good small businesses to start for less than 50-75K?


How successful are those automatic car washes people open up? How much are they to start? Obviously you would need the land to put one on.





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Crimsonsaint24
Alabama Fan
Alabama
Member since Jul 2011
549 posts

re: What are some good small businesses to start for less than 50-75K?


I used to have a friends dad had one about 5 years ago. I think it will need to be in a high traffic area to make good returns. He didn't get much buisness and its kind of expensive to get it built.





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SpidermanTUba
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Member since May 2004
29821 posts

re: What are some good small businesses to start for less than 50-75K?


quote:

Money board what is your thoughts on a good small business for say anywhere between 10-20K on up to about 75K startup cost?

Personally I have always thought that service types of businesses (Pest control, Tree stump removal, roofing, etc.,) are always good if you're willing to do it right. What are some others that may be pretty decent?



1) Figure out what it is you are good at and enjoy doing (or could imagine enjoying doing)

2) Figure out how to take #1 and sell it to the clients with the deepest pockets.



This post was edited on 9/13 at 12:57 am


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Slickback
New Orleans Pelicans Fan
Deer Stand
Member since Mar 2008
26159 posts

re: What are some good small businesses to start for less than 50-75K?


Have you considered franchises? Subway can make some serious coin if you find a market that isn't already saturated. You won't make a killing on one, but can start with one and build from there.

If I could think of any other viable ones, I wouldn't be in this office right now.







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sdc74
LSU Fan
Houston
Member since Jan 2007
964 posts

re: What are some good small businesses to start for less than 50-75K?


I put $30,000 in on a start up bar. I got $6000 coming Dec 31 and I get 3% off net income yearly after that.





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dallastiger55
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Jennings, LA
Member since Jan 2010
5188 posts

re: What are some good small businesses to start for less than 50-75K?


Pappa murphys





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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
30160 posts

re: What are some good small businesses to start for less than 50-75K?


Start a CPA or law firm.

Of course, this assumes you have the CPA or JD.






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diat150
Tulane Fan
OPELOUSAS
Member since Jun 2005
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re: What are some good small businesses to start for less than 50-75K?


quote:

How successful are those automatic car washes people open up? How much are they to start? Obviously you would need the land to put one on.



the one in opelousas seems to do well. it has 2 bays. about 10 bucks per wash. the bum that cleans up around there told me that they get about 4-500 cars a week. that seems a little high to me...

I enquired about the cost to build one from a company and they claimed about 125k per bay if I remember correctly. Plus I always see the one in opelousas being worked on. I also asked him if they recover the water and treat it but he said no, so I imagine the water bill is pretty high. regardless, if what he said was true you are looking at about 20k a month before costs.

I think the biggest problem with these washes is that they get dated after 5 or so years, which probably coincides with the time you finally have it paid off.



This post was edited on 9/14 at 8:30 pm


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Weebie
New Orleans Saints Fan
NOLA
Member since Dec 2012
3717 posts

re: What are some good small businesses to start for less than 50-75K?


quote:

Have you considered franchises? Subway can make some serious coin if you find a market that isn't already saturated. You won't make a killing on one, but can start with one and build from there.



I have heard great things about Subway, but like you said the market is typically full of them. I guess that is the main problem of them being relatively cheap to start ($50,000-$100,000) in that they don't protect their owners with territory rights.



This post was edited on 10/21 at 9:04 pm


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Chad504boy
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re: What are some good small businesses to start for less than 50-75K?


Car washes are not cheap, primo land is even more $$$





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Weebie
New Orleans Saints Fan
NOLA
Member since Dec 2012
3717 posts

re: What are some good small businesses to start for less than 50-75K?


that's the thing I think that most people tend to forget about car washes. sure if you're interested in one of those smaller ones with maybe only 3 or 4 bays and a couple vacuums on about a half an acre of land (or less), then maybe you can do it for less than $50K. however to open one that will actually generate some revenue you're going to likely invest at least $250K.

it's not the individual "do it yourself" bays or the vacuums that cost big money. it's those fully automatic, fancy units that can cost a fortune. then like 504boy said above, have fun finding cheap land in a popular area.



This post was edited on 10/21 at 9:56 pm


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Paul Allen
USA Fan
Baton Rouge, LA
Member since Nov 2007
29360 posts

re: What are some good small businesses to start for less than 50-75K?


Night club





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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
30160 posts

re: What are some good small businesses to start for less than 50-75K?


Serious suggestion - suicide/homicide cleanup.

Nobody wants to do it, anyone who will gets paid. Most cities do not provide this service, it is almost always contracted out.

There was a story a few years ago about a husband/wife team in NYC making seven figures doing this. Surely in BR it doesn't pay that well but the pay has got to be incredibly good considering it is basically janitorial work.






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Golfer
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Coral Bay, St. John, USVI
Member since Nov 2005
57202 posts

re: What are some good small businesses to start for less than 50-75K?


There's a BR couple that's already got this on lockdown. They are printing money.





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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: What are some good small businesses to start for less than 50-75K?


Screw that, I've cleaned up trucks where guys had been hit by RPG's. Never again.





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JJ27
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Member since Sep 2004
47166 posts
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re: What are some good small businesses to start for less than 50-75K?


How much would an Oil Change/Lube shop cost? Can't be much and those things are always full.





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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
71259 posts

re: What are some good small businesses to start for less than 50-75K?


I think those lifts are pretty expensive and finding guys that aren't gonna frick up peoples vehicle for $10 an hour would present a problem too





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The Korean
LSU Fan
Denham Springs, LA
Member since May 2008
991 posts

re: What are some good small businesses to start for less than 50-75K?


I have often wondered about the ice stations you see in parking lots. Only down side is the $ for maintenance.





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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
71259 posts

re: What are some good small businesses to start for less than 50-75K?


As fast as those things are popping up somebody has to be making money, I don't know if it's the guy operating it or the one that sold it to him.





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eng08
LSU Fan
Member since Jan 2013
2110 posts

re: What are some good small businesses to start for less than 50-75K?


I looked at the ice machines pretty hard a few years ago, the numbers just did not add up when I was talking to them. Was very hard to believe it at face value.

Biggest thing about them was the time/availability you had to have to go fix them when they break. If you can't be there in 15 minutes to fix it and give a free coupon you probably lost a customer.






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