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re: If you were 35, unemployed, and had $50k cash
Posted on 5/14/19 at 1:18 pm to baybeefeetz
Posted on 5/14/19 at 1:18 pm to baybeefeetz
Social media marketing for small to mid size business. Charge about $1000/month to manage IG, facebook, and twitter accounts.
0
Posted on 5/14/19 at 1:19 pm to CaptainPanic
quote:
If you only have $50K to your name, you cannot open a Chik-Fil-A
Hell, you need a million to open a Subway
You don't own the franchise like a Subway. It costs $10k to open a Chik-Fil-A. It is really difficult to get selected for a Chik-Fil-A franchise though.
This post was edited on 5/14/19 at 1:21 pm
Posted on 5/14/19 at 1:20 pm to baybeefeetz
If you weren't a progressive, you wouldn't be in this conundrum
Posted on 5/14/19 at 1:21 pm to Jon Ham
I read this whole post. I wish I could get that time back
Posted on 5/14/19 at 1:24 pm to baybeefeetz
quote:
course drugs, prostitution, and pimping are not serious answers.
Oh well I’m out
Posted on 5/14/19 at 1:26 pm to baybeefeetz
Food truck
Posted on 5/14/19 at 1:27 pm to NOFOX
quote:No. It costs $10K for the initial franchise fee. You are crazy if you think you can get one of these up & running on just $10K
It costs $10k to open a Chik-Fil-A
Posted on 5/14/19 at 1:28 pm to baybeefeetz
quote:
Of course drugs, prostitution, and pimping are not serious answers.
Then you're not serious about making money.
On to the next thread..
Posted on 5/14/19 at 1:31 pm to baybeefeetz
Plane ticket to AK
Jump on a fishing boat as greenhorn.
Jump on a fishing boat as greenhorn.
Posted on 5/14/19 at 1:31 pm to CaptainPanic
And be employed by them for 10+ years and be approved.
Posted on 5/14/19 at 1:32 pm to baybeefeetz
quote:
landscaping company
This is a dirty hot existence
Posted on 5/14/19 at 1:33 pm to blueridgeTiger
quote:
I have a relative older than you started one a couple of years ago. Covers a couple of apartment complexes and an assisted living facility and grosses over $100k - all cash.
Really? Do they live in a small town? In Atlanta there are so many dog walkers they have to work for dirt cheap. Those dog walking apps are slammed with people.
Posted on 5/14/19 at 1:33 pm to baybeefeetz
Welding and work for gaucho
Posted on 5/14/19 at 1:37 pm to CaptainPanic
quote:
No. It costs $10K for the initial franchise fee. You are crazy if you think you can get one of these up & running on just $10K
They pay for the land, building, equipment, etc. For 10k you get to be the manager and work 70 hours/week. Chick Fil A also takes 15% off the top for land, building, equipment, and then 50% of the profit. You would be lucky to make 100k and would kill yourself doing it
This post was edited on 5/14/19 at 1:38 pm
Posted on 5/14/19 at 1:37 pm to baybeefeetz
I'd seriously consider buying a silk screen machine and a embroidery machine. Start making shirts and hats and pumping them out. I paid a shite ton the other day for some shirts. If you have the drive and aren't to good to sling shirts and hats until you can get a brick and mortar establishment, I think there is some real money in it. With all the festivals and sporting events around, all it would take is some witty/catchy one liner shirts. Then if you stick with it and get your initial investment back, then you can move into some other kinda business. Provide a service that everyone wants, do it right and see where that takes you.
Posted on 5/14/19 at 1:38 pm to blueridgeTiger
quote:
have a relative older than you started one a couple of years ago. Covers a couple of apartment complexes and an assisted living facility and grosses over $100k - all cash.
They make 275 dollars a day (if they work 365 days a year)?
bullshite
Posted on 5/14/19 at 1:38 pm to CaptainPanic
quote:
costs $10K for the initial franchise fee. You are crazy if you think you can get one of these up & running on just $10K
No expert on this but I think they pay for everything if you get a franchise. They also take something close to 60% of gross.
Getting selected is the hard part.
Posted on 5/14/19 at 1:38 pm to baybeefeetz
$50k? I'd open up a snowball stand and sell fireworks from that location for Christmas/New Years and the 4th of July.
With fireworks, you can pay off everything in July and in December that is all profit.
You can make a profit around $18k-$25k with the snowball stand (from the end of April - labor day weekend). You can have it all paid for it 3 years, possibly less if you use your fireworks profits.
You can drive a school bus, that way you will have health insurance and it would bring in some extra money as well. If you don't live high off the horse and save & invest your money, you can turn that $50k into a pretty good amount in 10 years.
With fireworks, you can pay off everything in July and in December that is all profit.
You can make a profit around $18k-$25k with the snowball stand (from the end of April - labor day weekend). You can have it all paid for it 3 years, possibly less if you use your fireworks profits.
You can drive a school bus, that way you will have health insurance and it would bring in some extra money as well. If you don't live high off the horse and save & invest your money, you can turn that $50k into a pretty good amount in 10 years.
Posted on 5/14/19 at 1:39 pm to CaptainPanic
quote:
If you only have $50K to your name, you cannot open a Chik-Fil-A
Agreed.. people who even think this is a possibility, must be the type of people who’ve never had more than $500 saved in their lives, and thinks anyone who has $50k is “rich.”
This post was edited on 5/14/19 at 5:24 pm
Posted on 5/14/19 at 1:41 pm to WMTigerFAN
This is a good idea as well. As long as OP can cook. I have a buddy that originally went in with a friend on a truck. They both could cook and both worked their butts off but it just wasn't enough money for a duel owner. He bought out the other partner and now he is killing it. He is looking for a brick and mortar est. now.
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