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If someone gave you a million dollars ...
Posted on 9/25/14 at 10:09 pm
Posted on 9/25/14 at 10:09 pm
We have all been asked that hypothetical many times in our lives but say it was actually true but with caveats. If someone came to you with say 2 mill, but wanted you to run a holding company that invested in some franchise and multi unit agreements and you would run the day to day.
What would be your top companies or sectors to go after? Would you look at multiple franchises or would you stick with one chain and try to grow it in your area? fast-food? gas stations? home-health? Everything is on the table.
What would be your top companies or sectors to go after? Would you look at multiple franchises or would you stick with one chain and try to grow it in your area? fast-food? gas stations? home-health? Everything is on the table.
This post was edited on 9/25/14 at 10:13 pm
10
Posted on 9/25/14 at 10:18 pm to blowmeauburn
What part of country?
I would do something I thought I could enjoy running and would be successful in my area. Multi unit operator.
I would do something I thought I could enjoy running and would be successful in my area. Multi unit operator.
Posted on 9/25/14 at 10:20 pm to blowmeauburn
invest half, spend the rest and farm
Posted on 9/25/14 at 10:25 pm to LSUFanHouston
Really could be anywhere but to make it easier lets narrow down to the south east.
Posted on 9/26/14 at 12:38 am to blowmeauburn
Open a Pluckers. All I can eat wings the rest of my life
Posted on 9/26/14 at 6:30 am to Teddy Ruxpin
Pluckers is the right answer.
Posted on 9/26/14 at 6:36 am to blowmeauburn
Jambalaya Shoppe open late near Tigerland
A Dairy Queen in St. Amant in the empty lot across from St. Amant High School
A Dairy Queen in St. Amant in the empty lot across from St. Amant High School
This post was edited on 9/26/14 at 6:38 am
Posted on 9/26/14 at 7:35 am to kingbob
Chick fil A anywhere. That place kills
Posted on 9/26/14 at 7:45 am to jimbeam
quote:
invest half, spend the rest and farm
Great minds think alike.
Posted on 9/26/14 at 8:58 am to Teddy Ruxpin
(no message)
This post was edited on 10/20/21 at 3:05 pm
Posted on 9/26/14 at 8:59 am to blowmeauburn
quote:If they were poor I'd just give it back to them.....
If someone gave you a million dollars ...
Posted on 9/26/14 at 10:15 am to blowmeauburn
Two chicks at the same time.
Posted on 9/26/14 at 11:30 am to blowmeauburn
quote:
If someone gave you a million dollars ...
First, pay the gift taxes. Then, take the remaining $600m or so and put it into a laddered muni bond portfolio at about 5% average coupon. Take the $30m/year tax-free interest payments and reinvest in more bonds. Keep compounding and thumbing my nose at the IRS because as MD Hammer said, "can't touch this!"
Posted on 9/26/14 at 11:52 am to jeepfreak
quote:
First, pay the gift taxes
Gift taxes, if any actually are due, are paid by the person making the gift, not the person receiving the gift.
Posted on 9/26/14 at 12:00 pm to blowmeauburn
If I had the money and the time, I'd look into children's entertainment, in an suburban area with disposable income. Something like Monkey Joe's. Parents seem to like to want to do places like that for both parties as well as general playing. No one wants to play at home or at the park anymore.
There is a decent start up cost, you need a big space.
There is a decent start up cost, you need a big space.
Posted on 9/26/14 at 1:26 pm to jeepfreak
quote:
laddered muni bond portfolio
quote:
5%
Good fricking luck
This post was edited on 9/26/14 at 1:27 pm
Posted on 9/26/14 at 1:28 pm to lsutiger2010
quote:
I wish they would build one in NO or Metairie
Metairie won't work.
Got to put it next to the universities.
Profit.
I may have looked this up before
quote:
TheHiddenFlask
quote:
Pluckers is the right answer.
I like you.
This post was edited on 9/26/14 at 1:43 pm
Posted on 9/26/14 at 1:41 pm to jeepfreak
quote:
MD Hammer
The spawn of Dr. Dre and MC Hammer?
Teddy: if you find someone willing to open one in Lafayette, I will be willing to make a substantial investment.
Posted on 9/26/14 at 1:48 pm to blowmeauburn
If I had a million dollars I'd buy you a monkey (haven't you always wanted a monkey?)
Posted on 9/26/14 at 2:38 pm to TheHiddenFlask
quote:
Pluckers is the right answer.
It looks like they do not franchise. Houston just got one earlier this year.
LINK
This post was edited on 9/26/14 at 2:39 pm
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