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re: Liquor store- good investment?
Posted on 7/9/23 at 2:25 pm to BayouBengal23
Posted on 7/9/23 at 2:25 pm to BayouBengal23
They are similar to McDonalds. They own the real estate and sell cokes, cigs, and gas to pay for it (similar to burgers and shakes). I know of one family in Texas that owns 55 or 56 locations. They run the convenience store as a way to pay for the real estate and a moderate income. Multiply that by 10-20-50 locations and now it’s law of big numbers.
They are also shroud negotiators and will not pay $1 more than they think they should and if they don’t want to they will walk and never talk to you again.
They are also shroud negotiators and will not pay $1 more than they think they should and if they don’t want to they will walk and never talk to you again.
1
Posted on 7/9/23 at 3:21 pm to Rendevoustavern
A notable poster on this board was an expert on convenience stores. IDK if he is currently banned or not.
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