This may be a long shot but does anyone on here know of any good business that is forsale? I am not looking for any specific industry. The main thing is that it has been around and is profitable. I am not interested in a company that just stared and is a one man operation. Thanks everyone
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Originally posted by glen View PostIf you want something that makes money buy a Chick-fil-A. Every time I feel like one for lunch and I usually get discouraged by the long lines. And its every location I’ve tried lately
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Originally posted by Dusty Britches View PostI was just reading on those. $10,000 to invest (yeah, cheap!) but it is a year long interview process. And when you want out, you sell back to corporate. You cannot leave it to your kids or sell it to anyone else.
They are probably being doing that so that they can still be very selective of who the ownership and management is so that they can maintain their level of quality. Like it or not, they most certainly have a reputation to uphold.
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Originally posted by TxSpinner View PostSo....we get 10 people together with $1000 and we own a steak and shake?
Anybody?
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Originally posted by Dusty Britches View PostI was just reading on those. $10,000 to invest (yeah, cheap!) but it is a year long interview process. And when you want out, you sell back to corporate. You cannot leave it to your kids or sell it to anyone else.Originally posted by abilliott View PostWhat are the details on this? Do they at least buy it back for fair market value? If so, it seems like maybe not needing to find a buy would be a good thing if they wouldn't low ball you?
They are probably being doing that so that they can still be very selective of who the ownership and management is so that they can maintain their level of quality. Like it or not, they most certainly have a reputation to uphold.
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Originally posted by alwaysinshorts View PostIt isn’t worth it. If you read anything about them the company is on its way out. Most franchise owns say that it was a big mistake. Also remember the 20k is for the option to buy a franchise. You still need to come up with several hundreds of thousands to build and business.
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