If you had $100,000....

[BooneRebel]

...to open a business, what kind of business would you open?

 

[Grommet5]

Oh man, this such an easy question. I would open up a bar, with pooltables, and lots of slot machines. So i can rake the cash in.

 

[AnthraX101]

Porno.

Hey, thats enough for 2 female "stars" to be hired for a while...and the male position (no pun intended) is all filled up!

Armani

 

[Mitzi]

<< Oh man, this such an easy question. I would open up a bar, with pooltables, and lots of slot machines. So i can rake the cash in. >>



Sounds good - a couple of arcade machines in there too!

 

[Braves]

i dunno what kind of business u can open with 100,000$ but I guess i'd take the bar my dad already owns and expand it

 

[BooneRebel]

<< i dunno what kind of business u can open with 100,000$ but I guess i'd take the bar my dad already owns and expand it >>



Well, since this is hypothetical, guess you could take out a loan for more. How much do you need? I'm good for it.

Figure $2000/month rent for a small retail location, $50,000 or so in inventory and the remainder on marketing/promotion, taxes, licensing, etc. over the course of the first year. (no payroll - you can expand to hiring employees next year after you turn a profit!)

Computers?
Gift shop?
Sporting goods?
Bait shop?
Cafe/restaurant?

If you open a bar you're going to have to battle for a liquor license & slot machines will require a gaming license. Not sure about the cost but I imagine it would eat into the $100K pretty deeply.

 

[Amused]

I'd do what I did. Use the $100,000 as collateral (never SPEND your capital, keep it and get a low interest business loan: I started with virtually nothing) and buy a few franchised sandwich shops. Have the loan paid off in 4-6 years, sell out and walk away with 500,000+... plus your profits, or keep the stores, and use them as collateral for more shops. The key is finding good store managers at first. Then when you expand, finding a good general manager.

If you're not growing, you might as well sell, invest the money, and work for someone else. Buying a single business and working at it only earns a living, it never makes you money.

 

[SyahM]

i'll take the money, and run with it.

 

[Warthog912]

I'd start a computer business where I buy (build) like 16 top of the line computers, and have my friends come over and play, then let their friends come over and play for $5/hour. There is one here, and it is a very popular place for all of the geeks round'.

-Peace

 

[malbojah]

<< I'd start a computer business where I buy (build) like 16 top of the line computers, and have my friends come over and play, then let their friends come over and play for $5/hour. There is one here, and it is a very popular place for all of the geeks round'.

-Peace >>



Sounds like you live on the Cape...

 

[ericb]

I'd do a rent by the hour game store, an internet cafe, or a franchise food place. Most fun #1, most money #3.

 

[SendTrash]

a boba place... man, there is HUGE profit margins right there!

 

[ThePresence]

If I had a million dollars.....IF I HAD A MILLION DOLLARS......

 

[BooneRebel]

<< a boba place... man, there is HUGE profit margins right there! >>



Huh? What's a 'boba'?

 

[yakko]

A lemonade stand. I figure it would cost about $50 to start and I could pay myself the rest go out of business and then use the money how I want.

 

[AaronP]

I would open a high end video projector business.

 

[TheeeChosenOne]

I would buy 100 $1,000 call girls during the year.

Then, I will be able to brag to any person who would listen that I slept with 100 model-looking women in one year--and I have pictures & video to prove it dammit!

 

[BooneRebel]

<< I would buy 100 $1,000 call girls during the year.

Then, I will be able to brag to any person who would listen that I slept with 100 model-looking women in one year--and I have pictures & video to prove it dammit! >>



And after getting someone's attention with your bragging, you could then ask them

"Hey, have you ever seen a rash that looked like this?"

:Q

 

[Jagoff]

some kind of bar/club... like the one DeNiro's character has in The Score.

100,000 aint nottin though. Probably still have to take out a loan.

 

[toant103]

sweat shop

 

[slunk]

You better put some foosball tables in those bars, too!

 

[454Casull]

Boba is bubble tea.

 

[b0mbrman]

<< Oh man, this such an easy question. I would open up a bar, with pooltables, and lots of slot machines. So i can rake the cash in. >>


Nice. But liquor licenses are expensive

 

[BooneRebel]

<<

<< Oh man, this such an easy question. I would open up a bar, with pooltables, and lots of slot machines. So i can rake the cash in. >>


Nice. But liquor licenses are expensive >>



Right. I've been considering actually pursuing a small business as opposed to working for someone else. I realize that the hours and pay won't be as good, at least initially, but there's something to be said for working for yourself. Ideally the business would have flexible hours so if I wanted to take a vacation I could without the place absolutely falling apart with someone else looking after it.

Maybe a storage business (renting out storage units)?
Bait shop?