Started By
Message

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

Posted on 9/12/13 at 12:25 pm to
Posted by couv1217
Baton Rouge, LA
Member since Sep 2007
3322 posts
Posted on 9/12/13 at 12:25 pm to
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.
Posted by Crimsonsaint24
Alabama
Member since Jul 2011
552 posts
Posted on 9/12/13 at 2:13 pm to
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.
Posted by SpidermanTUba
my house
Member since May 2004
36128 posts
Posted on 9/13/13 at 12:56 am to
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 9/13/13 at 12:57 am
Posted by Slickback
Deer Stand
Member since Mar 2008
27678 posts
Posted on 9/13/13 at 9:49 am to
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.

Posted by sdc74
Houston
Member since Jan 2007
1193 posts
Posted on 9/14/13 at 1:16 pm to
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.
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27659 posts
Posted on 9/14/13 at 3:27 pm to
Pappa murphys
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 9/14/13 at 6:47 pm to
Start a CPA or law firm.

Of course, this assumes you have the CPA or JD.
Posted by diat150
Louisiana
Member since Jun 2005
43465 posts
Posted on 9/14/13 at 8:29 pm to
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 9/14/13 at 8:30 pm
Posted by Weebie
NOLA
Member since Dec 2012
3717 posts
Posted on 10/21/13 at 9:03 pm to
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 10/21/13 at 9:04 pm
Posted by Chad504boy
4 posts
Member since Feb 2005
166131 posts
Posted on 10/21/13 at 9:46 pm to
Car washes are not cheap, primo land is even more $$$
Posted by Weebie
NOLA
Member since Dec 2012
3717 posts
Posted on 10/21/13 at 9:54 pm to
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 10/21/13 at 9:56 pm
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75135 posts
Posted on 10/21/13 at 10:53 pm to
Night club
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 10/21/13 at 11:13 pm to
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.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 10/21/13 at 11:18 pm to
There's a BR couple that's already got this on lockdown. They are printing money.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 10/21/13 at 11:19 pm to
Screw that, I've cleaned up trucks where guys had been hit by RPG's. Never again.
Posted by JJ27
Member since Sep 2004
60247 posts
Posted on 10/22/13 at 7:36 am to
How much would an Oil Change/Lube shop cost? Can't be much and those things are always full.
Posted by yellowfin
Coastal Bar
Member since May 2006
97614 posts
Posted on 10/22/13 at 7:46 am to
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
Posted by The Korean
Denham Springs, LA
Member since May 2008
1612 posts
Posted on 10/22/13 at 8:48 am to
I have often wondered about the ice stations you see in parking lots. Only down side is the $ for maintenance.
Posted by yellowfin
Coastal Bar
Member since May 2006
97614 posts
Posted on 10/22/13 at 8:49 am to
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.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 10/22/13 at 9:42 am to
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.
first pageprev pagePage 2 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram