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re: What business ideas would you want if you had the money?
Posted on 6/1/22 at 9:00 pm to Ralph_Wiggum
Posted on 6/1/22 at 9:00 pm to Ralph_Wiggum
Don't forget funeral homes. "People are dying to get in."
Posted on 6/1/22 at 9:01 pm to fareplay
I’d save those shekels till the bust comes. This will give you time to see what investments you believe will work. I’m looking for an unused building with a large roll up door. Want to buy a car lift and put inside. Just enough for a single mechanic to have his own business. You know there’s a mechanic that’s tired of dealing with his bosses shite that could pull in enough clientele to make a living and pay you rent for the building.
Posted on 6/1/22 at 9:02 pm to Ralph_Wiggum
quote:
nursing homes and/or senior housing
make BANK... have a buddy doing this, about to open a 2nd location in NOLA, with his first spot profiting $20-25K/month... his 2nd location will house more people and he estimates it will profit $40K/month... fricking insane
Posted on 6/1/22 at 9:05 pm to chRxis
Logistics must be a nightmare. Have to hire a full time nurse plus attendants and real estate. I wonder how much upfront cost this is
This post was edited on 6/1/22 at 9:06 pm
Posted on 6/1/22 at 9:07 pm to fareplay
Damn I thought you meant more like you have enough money you were set but still wanted to do something that you would enjoy and make you $.
This post was edited on 6/1/22 at 10:17 pm
Posted on 6/1/22 at 9:09 pm to GREENHEAD22
No, my girlfriend is a gastroenterologist and make over 500k but her hands are limiting her from working too much longer. We invested in stocks but seem too volatile so thinking of buying some business to run
Posted on 6/1/22 at 9:15 pm to fareplay
quote:
girlfriend
You better wife that up
Posted on 6/1/22 at 9:17 pm to Bjorn Cyborg
Not if she’s about to be unable to practice, unless she’s insured for that for about eleventygazillion
Posted on 6/1/22 at 9:18 pm to fareplay
Movie theater with a bathroom at the top with one way glass
Posted on 6/1/22 at 9:19 pm to fareplay
quote:
Thought of car wash and laundromat. Any other ideas?
I looked at doing a laundromat once. I have commercial rental property, but wanted to look at something a little different. There was a small town about 10 miles from where I lived that didn't have one and was pretty low income. I recognized that people that lived there had to drive 10 miles to do their laundry. I did research and determined the number of trailers, rental houses, income, population, estimated the number of loads of laundry per week based on number of families, etc. I contacted a manufacturer of commercial washer / dryers and confirmed they could be leased and the cost, how much leasing a building would cost (would buy and lease to my laundry business), estimated cost of labor to operate, etc. I calculated it would make about $30K per year. The salesman of the commercial washer / dryer company also did a free analysis based on the location and came up with the same number. In the end, I didn't want to have to trust someone to collect the money every evening and didn't want to do it myself. The other downside was that the salesman told me that I would definitely have it broken into periodically and equipment damaged trying to steal the money in the machines. He said it was just a part of owning a laundry mat.
It was fun doing all the math and research, but figured I'd just stick to renting buildings.
Posted on 6/1/22 at 9:20 pm to fareplay
Depending where you're located, the bar business is pretty recession/depression proof. People are always going to drink
Posted on 6/1/22 at 10:22 pm to Shexter
Warehouse space, specifically. Cross docks are in super high demand due to Amazon forcing distributors to mimic their business model. We’re forecasting funding 6 new warehouses before EOY.
Posted on 6/1/22 at 10:26 pm to fareplay
My newest idea is a window tent on cars that reflects heat instead of absorbing it. Or maybe some kind of heat sink that absorbs the sun's rays and then disperses it not into the car.
My other idea is a double hotdog stand. Instead of your regular bun you cut out a hoagie to fit 2 Chicago style dogs.
My other idea is a double hotdog stand. Instead of your regular bun you cut out a hoagie to fit 2 Chicago style dogs.
Posted on 6/1/22 at 10:27 pm to fareplay
John Footballs Heisman Bar and Grill
$2 beers on Tuesdays
$2 beers on Tuesdays
Posted on 6/1/22 at 10:33 pm to HoustonGumbeauxGuy
quote:
Something with radiology
Ding, ding, ding. Even though my medical insurance paid for all but $100, my medical insurance company sent me an itemized invoice for my cancer treatment earlier this year. $431K for 28 rounds of radiation, $17K for the 7 meetings with my radiology/oncologist, $18k for placing my internal markers and external tattooing, and $21K for my biopsies and pathology workups. $6K for 30 days of post-treatment meds.
Posted on 6/1/22 at 10:48 pm to fareplay
Sports betting consultant
/Goldennugget
/Goldennugget
Posted on 6/1/22 at 10:49 pm to fareplay
Try to think of something recession proof- mental hospitals and liquor stores come to mind.
Posted on 6/1/22 at 10:52 pm to chRxis
quote:
nursing homes and/or senior housing
make BANK... have a buddy doing this, about to open a 2nd location in NOLA, with his first spot profiting $20-25K/month... his 2nd location will house more people and he estimates it will profit $40K/month... fricking insane
I have a cousin that is into housing for the "disabled". Making stacks and it's all paid by the government so the rent is never late.
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