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View Full Version : If you had $80,000 to start a business.....



Vteckidd
04-16-2007, 04:39 PM
What would it be? You have to use all the money to start a profitable business, this must cover equipment, renting a storefront, inventory if needed, etc.

Decker1.8t
04-16-2007, 04:42 PM
An automotive performance shop ... or a strip club

dELfONiK
04-16-2007, 04:43 PM
What would it be? You have to use all the money to start a profitable business, this must cover equipment, renting a storefront, inventory if needed, etc.

If 80k was enough, I might open up a Subway. There are other types of stores that I'd rather open, but as far as something that I think would make money, I'd open up a Subway.

Vteckidd
04-16-2007, 04:45 PM
Performance shops dont make any money.

No strip clubs, sorry, an 80k wouldnt cover a strip club.

Im thinking a Self Serve Car wash, low maintanence, right location, low overhead

Clegger
04-16-2007, 04:51 PM
A BANANA STAND! like the Bluth's

jdmdb8itr
04-16-2007, 04:54 PM
i would start a storage units, good location will get great money.

buddy i work with opened one for 65k, second month every unit was rented with at least a 3 month contract.

and a car wash like you said MR. KIDD

modifiedr
04-16-2007, 07:20 PM
Fuck it, i would buy drugs in bulk and sell it....

SampaGuy
04-16-2007, 07:26 PM
franchising would be less risky

keevo54
04-16-2007, 07:31 PM
franchising would be less risky
Franchising kills profit margins though. A less risky investment but more costly upfront and in the long run.

Frög
04-16-2007, 07:32 PM
if i have a good profitable idea, why would i tell you? so you can yoink it..

keevo54
04-16-2007, 07:38 PM
Performance shops dont make any money.

No strip clubs, sorry, an 80k wouldnt cover a strip club.

Im thinking a Self Serve Car wash, low maintanence, right location, low overhead
Doubt a self serve carwash could be started for 80k. Almost have to buy the land and property for the building since it is specialty building. Most likely a 250k investment, but the money is pretty steady(depending on the location) just not huge amounts.

Leasing a building for a strip club, hiring the help, and outfitting the building might be possible for 80k but the legal bill would be much more because of the numerous ramifications and public outcry about another adult oriented venue. Porn store would be more realistic but would still have legal trouble. Once you get into these businesses you would be laughing all the way to the bank; they have huge profit margins if run correctly in almost any location.

Blitanicle99
04-16-2007, 08:06 PM
Race track to drag on and/or drift on. Or... Badass huge offroading park, mud, rocks, jumps, hill climbs. Set it up in kennesaw/canton. Make it where you could bring 4 wheelers, dirt bikes. Pay per vehicle or per person. I would make money. Have a garage there with high prices to fix shit on the spot or pay to use the shop by the hour. Gas station at the front for gas and snacks. T shirts, all that shit. I guarentee it would make money.

FAHHQUE700
04-16-2007, 08:42 PM
I have a friend who started 5 years ago with 5k and a lawnmower, now he makes @ 200k year and he drives around in a jacked up F250 inspecting jobsites for quotes, and checked on his toys which are being built/modded around Atlanta.

I also know a guy who started delivering wheels and tires around Atlanta... he's still doing this plus some. Currier Service makes @125k to 175k yearly

automotive sucks... unless you can sit on a dyno all day, overbooked, and tune cars.

Subway doesn't make that much, that's why most of the owners have 4 or 5 stores. All the really busy stores are corp. I use to work for Singleton Food Services, who owns 7 Subway stores.

Car wash isn't too bad of an idea... this local family owns a nice car wash right off the highway. Also owns a few buildings on the same property which are rented. (one of them is Subway & even Cingular). They also own a workout studio and the rooms are rented out to yoga classes, dance classes, cheerleader squads, and even family reunions. They are doing well... all the kids are in college and each drive a 'Benz.

hydroshutter
04-16-2007, 08:51 PM
There was a thread I read on a guy just starting up a carwash and he spent around hundreds of thousands when everything was said and done.

If it were me, I'd buy some GOOG when it gets down to the low 400's.

Hulud
04-16-2007, 09:02 PM
Body Shop

thats what i am planning on doin with my Bro when we finish school

fastasscrx
04-16-2007, 09:25 PM
$80k......... do like I did start a roofing business. Someone's always gonna need a roof done. Hell right at $5k is enuff to start with, and that covers everything you need(besides the help)

TypeRPersonality
04-16-2007, 09:45 PM
I would recommend franchising. But as a sole proprietorship, I recomment saving more and opening a liquor shop. The most expensive part would be the inventory. Car wash is also a great idea, anything that is and will be in demand is a good idea.

ironchef
04-16-2007, 09:46 PM
Some kind of subscription service or something. Take WoW for example, 8 million subscribers paying $14/month = assload of money.

4dmin
04-17-2007, 08:28 AM
all car related: shops, tracks, etc ... don't make enough money for the investment.

event promotions is where it is at... large car events, club events, etc... w/ the right connections you can easily turn the 80k investment into 120k the first year; which isn't bad b/c most businesses take on huge debt/losses their first years in business. :goodjob:

mike you can buy IA and TFS for way cheaper then 80k - lol

Vteckidd
04-17-2007, 09:26 AM
HAHA

im really leaning towards this car wash with like a private parking lot for the kills forum guys

ironchef
04-17-2007, 09:38 AM
The problem is, theres a shit ton of car wash places, so what are you going to do to standout? Sure a parking lot for the kills forum would attract people to your business, but that is a limited amount, what about the rest of the general populace?

chrisdavis
04-17-2007, 10:04 AM
Restaurant exhuast cleaning. Its dirty, wet, and mostly night work. My old boss had several cleaning crews (I did maintenance and repair) each crew did 3 jobs a night and averaged $200-$300 per job

You need

Truck with a ladder rack
extension ladder
step ladder
trailer with a steam cleaner and long enough hoses to reach the roof
degreaser and a sprayer
plastic sheeting
stainless steel cleaner
rags

Jecht
04-17-2007, 10:20 AM
mike you can buy IA and TFS for way cheaper then 80k - lol

I don't mean to insult you in any way, but has IA been a good investment? Have you seen good returns in the money that you've put into it?

I'm trying to think what kind of business that I could start up for 80k and still have a steady income.

PawnShopCEO
04-17-2007, 10:26 AM
i say move to a heavily white area and open a tanning bed place

ARFNSX
04-17-2007, 10:28 AM
HAHA

im really leaning towards this car wash with like a private parking lot for the kills forum guys


Remember a car wash is seasonal. There will be many days when you wont be doing anything or making any money plus for 80k, you cant get much. If you are trying to buy a place, own the land and have all of the bays with maybe a car wash at the end, that will cost you about 200k at the minimum. You can put 80k down but when I was looking, it was an 200-420k investment.

I have an idea that would make you money. Goto China or Korea and meet with someone and become a US distributor for that product. Perhaps a speaker line, tire line or audio line. This is how many of companies got their start in the US. Just an idea.

iloveboost
04-17-2007, 10:36 AM
Loan shark.

Automated car washes (with the drive thru wash) cost a lot of money to start up. The machines alone cost more than $80,000.00. Not to mention all of the environmental codes and regulations to follow with disposing of all the soapy water, hazardous liquids, etc. Lawyers to write up disclaimers for damage to property/vehicles, workers comp, overhead (rent/lease/own property, salary, electricity, water bill, soaps/chemicals), great property location and insurance.

It's not as cut and dry as some people think.

PawnShopCEO
04-17-2007, 11:01 AM
you could do hardcore porno. I volunteer to be an actor as long as you find some hot girls

speedminded
04-17-2007, 11:26 AM
The performance shop life is a struggle, it's kinda like racing...to make a fortune you have to start with an even bigger fortune. Tremendous overhead, insurance, etc. and you've seen and heard on IA alone some of the things shop owners and manageers have to deal with on a day to day basis...it's not pretty.

With $80k i'd say a Subway would be a struggle...with that not being you're sole job you'll have to pay for a manager & employees, etc. plus the lease and initial buildout, franchise fee's, typical operating costs and overhead, etc. Not saying it's not possible but may want a LLP setup with a couple partners (even though thats a wholeeee new ballgame of issues and potential problems) :2cents:

The car wash is good...i can't help to think about the movie car wash right now :tongue: and the storage building idea is great too (with much lower operating cost) extremely good profit margin but intial cost is high, property and buildout, etc. No way a good location can be done for that amount of money...so back to the partnership.

I have a business planned out for 1/10th of that (minus the vehicle i would LIKE to have for it) with low overhead and operating costs with a great return...i've just been taking my time collecting that $5-8k worth of equipment i need. No, it's not photography either...but the photography thing isn't helping achieve this goal, grrr...priorities, those damn priorities.




Race track to drag on and/or drift on. Or... Badass huge offroading park, mud, rocks, jumps, hill climbs. Set it up in kennesaw/canton. Make it where you could bring 4 wheelers, dirt bikes. Pay per vehicle or per person. I would make money. Have a garage there with high prices to fix shit on the spot or pay to use the shop by the hour. Gas station at the front for gas and snacks. T shirts, all that shit. I guarentee it would make money.$80k wouldn't even pay for the insurance ;)

Bruce Leroy
04-17-2007, 11:36 AM
I have an idea that would make you money. Goto China or Korea and meet with someone and become a US distributor for that product. Perhaps a speaker line, tire line or audio line. This is how many of companies got their start in the US. Just an idea.

:goodjob:

Vteckidd
04-17-2007, 11:38 AM
this storage thing sounds intriguing.

i myself have the money, i can get more if needed.

i was also thinking about emissions place

speedminded
04-17-2007, 11:52 AM
Remember a car wash is seasonal. There will be many days when you wont be doing anything or making any money plus for 80k, you cant get much. If you are trying to buy a place, own the land and have all of the bays with maybe a car wash at the end, that will cost you about 200k at the minimum. You can put 80k down but when I was looking, it was an 200-420k investment. exactly....but add another $250k and you can offer emmisions testing and year round hand car washes.

I looked into mobil auto detail and even minor autotive repair/maintainence, get in with a couple office buildings for $20-25 just for a handwash and vacuum to well over $100-200 for a full detail. Add on an oil change for $20-30 and they don't have to take the time to do it themselves ;-)




I have an idea that would make you money. Goto China or Korea and meet with someone and become a US distributor for that product. Perhaps a speaker line, tire line or audio line. This is how many of companies got their start in the US. Just an idea. That's sortof like another i've been interested in: we know what people are willing to pay for rare, uncommon, and quality car parts and we all know how much you can save buying it from across the pond. A container can be shipped for $1200 full of those parts,you could go over spending a week or two hand selecting everything, with a return of at least double the investment....do it again and again.

$1,000 for flight roundtrip, shipping $800-1200, depending on size, plus dock fees (the crane man gets a tip). Then you have to have a truck to pickup and deliver container. Three or 4 front clips for next to nothing, several sets of wheels and random and misc. parts, etc... With someone already owning a shop and already having the customer base built i personally think it's stupid not to do it. :2cents:

speedminded
04-17-2007, 11:59 AM
this storage thing sounds intriguing.

i myself have the money, i can get more if needed.

i was also thinking about emissions place$250k investment on the emmisions. You want a location as close to a DMV or drivers license center as possible. Look into counties that do no have emmisions yet but are in the books for the near future...BUT they've been saying "next year" for the past 3 years in Hall County, 55,000 registered vehicles there...that may include trailers but not possible...kinda hard to do emmisions testing on them :tongue:

As for a location, like i said as close to a drivers license center as possible, maybe a gas station with an abandoned car wash...they break ALOT with a high overhead and rarely get fixed....but i think the major issue is they're not willing to spend the money on routine upkeep. Anyways, you find one of those abandoned car washes and setup emmisions there...simply leasing the building. It's not doing anything anyways but taking up space and you're bringing them customers each time someone comes for emmisions...so negotiating a fair lease price should be easy ;)

As for the equipment, $25 each car and i think $7 goes to the state. You can lease the equipment for another $7-8 or so. That's $25 minus about 15...ugh.

AirMax95
04-17-2007, 12:49 PM
I am finishing my paperwork for a mobile detailing business! So excitied......

If I had $80K to use though.......

Real Estate, Real Esate, Real Estate.......

$80K will go a long way with a good commercial building DP. Make sure to fill with business tennants and run with it. Use the $$ you charge for rent, invest in another venture.....

Hey Mike, wanna loan me $60k with a guaranteed ROI of 20%

RiceBoy
04-17-2007, 01:05 PM
Open an alcohol convenience store in a low income neighborhood. Make sure you have bullet proof windows for late nite hours, and a good life insurance. However the return is great in relation to the risks involve. You can always hire someone and pay them minumum wages if you worry so much. :)

crzydesi
04-17-2007, 01:19 PM
invest overseas... there is tons of opportunities outside of the U.S.

B18c1Turboed
04-17-2007, 01:25 PM
Real Estate, Real Esate, Real Estate.......
:stupid:

Thats what i would do, you make bigger profits>You might ahve to sit on some properties for a while.

I would look in to buying a few house and set them up for section 8, i know that sounds bad BUT, the state pays you monthly on time and they do all the up keep too your house and repair any damage the tenant cause.

I have looked into buying some house and doing that, the profits are great,when you go to sell the house you get what u invested plus equity.

Vteckidd
04-17-2007, 01:39 PM
^^^^ I watch FLIP THAT HOUSE and it seems way to easy to make money like they are doing

B18c1Turboed
04-17-2007, 01:55 PM
^^^^ I watch FLIP THAT HOUSE and it seems way to easy to make money like they are doing

No shit, i love that show.Man they make some serious profits. I wonder if there lying tough?
I tell my wife all the time i want to do that, maybe next year i might try it once and see how i do.

Vteckidd
04-17-2007, 01:58 PM
that team of brothers in Texas is cutthroat! i love those guys. wife is pretty hot too

HalfBaked
04-17-2007, 01:59 PM
I was gonna say emissions.

Get a place like an old abandoned bank or something.

B18c1Turboed
04-17-2007, 02:00 PM
that team of brothers in Texas is cutthroat! i love those guys. wife is pretty hot too
Hell yea she is, but that group from south carolina has that hott ass young girl, she can come build my house anytime!:goodjob:

http://www.aetv.com/flipthishouse/images/flipteams/flip_veronicaDetail_image.jpg

http://www.aetv.com/flipthishouse/images/flipteams/flip_melinaDetail_image.jpg

04CoorsCan
04-17-2007, 03:15 PM
For 80k I would do another slot car shop. Nice customers, if proper location is found the money is extremely good, extremely fun, the hours can't be beat.

4dmin
04-17-2007, 03:34 PM
I don't mean to insult you in any way, but has IA been a good investment? Have you seen good returns in the money that you've put into it?

I'm trying to think what kind of business that I could start up for 80k and still have a steady income.

well considering total cost are under 2000$ a year ... um i would say it has been profitable... now not in the sense we spend our time; but we dont' do this full time :goodjob: .... look at it this way an initial 9$ investment has made a site worth more then 20k

speedminded
04-17-2007, 03:46 PM
well considering total cost are under 2000$ a year ... um i would say it has been profitable... now not in the sense we spend our time; but we dont' do this full time :goodjob: .... look at it this way an initial 9$ investment has made a site worth more then 20kIt's basically a non-profit business too...of course there is some but you wouldn't be disclosing the overhead/cost if it was much :tongue: It's more of bring the community together and it's done a fine job of that...i can't tell you how many time's i've been lai...oh, nm hahaha! you get the idea ;)

4dmin
04-17-2007, 03:52 PM
It's basically a non-profit business too...of course there is some but you wouldn't be disclosing the overhead/cost if it was much :tongue: It's more of bring the community together and it's done a fine job of that...i can't tell you how many time's i've been lai...oh, nm hahaha! you get the idea ;)

its a non profit business to the world as far as we don't disclose everything, but truely the overhead/cost for the site alone are under 2000$ a year. w/ an initial cost of 9$ to start the site it is easily worth 20k or more. how it generates money is a different scope.... how do you put a value on trade outs, friendships, etc..? you can't i know for a fact we have gotten 10k's in trade outs b/c of who we are and what we do... but this site can easily generate money and does so already.

julio/i can walk away from updating anything on the site and just run the forum and still do quite well w/ basically no hands on :goodjob:

but we have spent 10k's over the years in this scene b/c we do love it and what it has given back to us.

OG-Skinny
04-17-2007, 07:46 PM
The only problem with starting a business, is the 6-60 law. Theroetically, for any business to survive you'll have to make 60% of your total spent in assests, income, and expenses in a 6 month span.

I am comtimplating the idea of opening a franchise resturaunt in the Mall of Georgia area, but the wait list to recieve the franchise packet is a 4 year wait. Every entrepenuour i've talked to, whom are sucessful, has told me if i get the franchise, they will back my funding and financial assests for the first year, with 110% payback within 5 years. If it works.. free IA food day!

an0therh22
04-17-2007, 07:49 PM
i would definately buy some shares of stocks man 80K isnt much when starting a business. If not stocks than i would just open a pho resturant on buford hwy.

BirdmanSRT
04-17-2007, 08:41 PM
DRAG STRIP!!!! And a damn good one!

Elbow
04-17-2007, 08:55 PM
that would be over 80k

Julio
04-17-2007, 09:32 PM
invested. Seriously. I would invest in real estate.. But in anything you do, either investing in your own business or real estate there will be risk.

Seriously, if you have 80K try to get 20 K more and invest that in a good HIGH INTEREST account and earn some nice money month to month... I think it will be decent cheese.... and keep your job..
I honestly dont think 80K is alot to start a business (depending) what it is. But is a start.


If it was me.. and I felt like gambling, I will invest in real estate... and if I was worried and did not want to invest I would just take the money to the bank and let it earn interest w/ a nice rate... and keep my day job.

But you never know.. I know people who started jobs with 1000 bucks and are now making almost 7 figures.

And if you have more cheese.. deeper pockets.. and you want Profit ( huge margin) anything thats bad to society will make money RIGHT AWAY.

liquor store, strip club, sex shop all that bullshit will make you rich QUICK.

_Christian_
04-17-2007, 09:45 PM
i would start an overseas pharmacy. ppl always need their drugs and it is very unlikely that i would face any legal trouble. thats where the money is.

bigdare23
04-17-2007, 09:59 PM
surprised noone said it Laundromat...............duh

Hektik
04-17-2007, 10:06 PM
Heres something i have been contemplating for a while....im not sure if 80k is enough( probably not) but i have been thinking of opening a DIY shop... basically open up a shop where people can come and work on their own cars... pretty much say u rent out a warehouse. put in a few stalls with lifts and a few flat stalls... supply each stall with common tool. rachet and socket sets, wrenches, hammers. u know the basics. also have other tools which the custoer can rent out... rent each stall to the customer to do their own work on their car. at a price say $15 per hour. have each customer sign waivers releiving you as the owner of any possible issues. and have a few techs around to give a hand when a customer needs it....and i mean you would get loads of customers.. i mean how many times have garage tuners ahd to take their cars to shops and pay because they dont have lifts or the proper tools.. if you supply all the toold a regular shop would have... you would have buku customers.....



also about flipping houses.... it has huge payouts because its very risky in one house you can go under hundreds of thousands of dollars... the higher the risk the higher the profit... they dont show on the tv show stuff like real estate agent fees, investor fees( if you have any)... they still get a pretty good return. especially the guys who have been doing it for a while..like the guy from SC ( i think) but its time consuming and loads of labor until you get to that point....

SleeperWRX
04-17-2007, 10:07 PM
Tire Shop/

speedminded
04-18-2007, 10:48 AM
surprised noone said it Laundromat...............duhThere's a couple on here that have done that, profitable but suprisingly quite a bit of overhead...

koukis14
04-18-2007, 11:56 PM
Go to New Oxford Pa and open up a Quiznos. There is Subway, McDonalds, and a Wendys in that town. Those fat hicks would cum all over the place if someone opened one up there.

auxiliary
04-19-2007, 12:22 AM
simple...

Take the 80k, half it, take 40k invest it take the other 40k and open a karate school.

Karate schools now a day do some crazy money. The one I manage and I am a partner of easly does 30k a month with less than 10k in overhead. Some schools around the nation do 80k a month on a 20k overhead.

Then once you get the staff trained you can kick back and not do anything. Show up teach a couple of classes and then leave.

That's how i plan to retire at 30, lol

RandomGuy
04-19-2007, 12:43 AM
i'd buy 80k worth of crack and have a 80,000 dollar crack party

charge 10 bux per plate and have 10,000 visitors so after taxes i'd break about even.

Eurostunna07
04-19-2007, 12:45 AM
Open up a big ass shop like this one in ATL http://tx.local.yahoo.biz/upnsmoke713/ ..maybe 2 or 3 even around metro..shiiet.

Eurostunna07
04-19-2007, 12:46 AM
i'd buy 80k worth of crack and have a 80,000 dollar crack party

charge 10 bux per plate and have 10,000 visitors so after taxes i'd break about even.

:stupid: ...wrd

Clegger
04-19-2007, 01:06 AM
So far best things ive heard are storage company and real estate

storage because its like the most low maintenance thing ever

real estate cause you can buy like 8 houses for 10k each down payment and rent em out 30 years later you have millions for putting in little effort that paid for itself

WickedIXMR
04-19-2007, 02:36 AM
My dad has a carwash and it deff is seasonal for sure and sucks like shit during the week. Its located down the street from atlanta motor speedway.

josh green
04-19-2007, 09:39 AM
A guy in one of my classes at school went to school with a guy who started his own shit picker upper business. He made this little vacuum cleaner thing with a bag and went around to people houses asking if they needed shit picked up. Supposedly he is a millionaire now from the business.
Think about what you could do with what you have picked up, its fucking shit... bag that shit and sell it to old ladies who want to fertilize their gardens and shit so you dont need a place to dispose of it. If its true, its just one of those quirky things that people are too lazy to do.

People who own nail salons always seem to be pretty wealthy.

Cigar bar, I know there are a lot of people who like to smoke and kill themselves so why not cater to the ones with more money? Have a bunch of cigars ranging from $5-xxx amount each, serve beer and wine and such, nice leather couches and chairs. Sell all the little fancy zippos and "cigar accessories" Have attractive women working in it. Tell them to wear all black and hire the ones with large breasts. Lastly, hire some crazed old man to come in, set up his own equipment and play jazz, or something that no one understands b/c its "deep and meaning full" and your all set. I mean what businessmen wouldnt want to go hang out there after a hard day of banging the secretary, and talk about money and avoiding taxes????

Seymour222
04-19-2007, 10:14 AM
I would buy a 2000 Peterbuilt and an 40cy Allison Dump trailer. Hire an experienced driver that you know through a good friend of yours. Pay the driver a commission of what the truck makes. Depend on your friend to get you work 6 days a week. Thats what YOU could do with 80 g's.

Vteckidd
04-19-2007, 10:21 AM
I would buy a 2000 Peterbuilt and an 40cy Allison Dump trailer. Hire an experienced driver that you know through a good friend of yours. Pay the driver a commission of what the truck makes. Depend on your friend to get you work 6 days a week. Thats what YOU could do with 80 g's.
will talk to you later about this one

preferredduck
04-19-2007, 11:01 AM
real estate, automotive, i could do 2 duplexes and still have $$$ left over.

preferredduck
04-19-2007, 11:02 AM
I would buy a 2000 Peterbuilt and an 40cy Allison Dump trailer. Hire an experienced driver that you know through a good friend of yours. Pay the driver a commission of what the truck makes. Depend on your friend to get you work 6 days a week. Thats what YOU could do with 80 g's.

GET A MACK MAN!! YOU CAN DO MORE STUFF OFFROAD!!!!
that and i know the owner of gainesville truck center, largest mack dealer in the southeast.

an0therh22
04-19-2007, 02:46 PM
just play it in one hand of poker. ALL IN baby

Black R
04-19-2007, 02:55 PM
liquor store

Leisa
04-20-2007, 12:14 PM
I would take that 80,000 and get 2 other partners to get another 70,000 and open up a Hooters ... on the beach

jblaudio06
04-20-2007, 01:07 PM
^ thaats what im talkin about ha

keevo54
04-20-2007, 02:44 PM
I would take that 80,000 and get 2 other partners to get another 70,000 and open up a Hooters ... on the beach
You would need more money than that and it is hard to get a franchise. Need like 10 years of experience with franchises and a lot of other qualifications

2turbo4u
04-21-2007, 01:13 AM
Buy a house (downpayment), put the rest in a IRA and you'll be set when it's time to retire!

devinwebb907
04-24-2007, 12:08 AM
to the guy that said open up a shop w/ lifts and techs---i dont know about where u live but theres a hobby shop in valdosta where you pay $5 an hour and can use all of their equipment and theres a couple of people working there.

storage facility doesnt sound like a bad plan...you cant do much with real estate at 80k, but if you started up a smaller business and made some money, then you could do real estate on top of that.

you dont want to open up a restaurant, it is not worth the pain and agony you will go through..unless you open up a hooters on the beach. business at these places during march-october = AMAZING!! besides that restaurants are bad news.

this guy in valdosta opened up a pizza place, $5 pick up one topping--dont have delivery...and apparently in the year he has been opened he upgraded from an [01 maybe?] dodge dakota to a dodge srt-10..and hes opening up another pizza place[may be open already]

just pay more attention to your surroundings and what seems to be busy and what seems to be taking your and others money. try to think about things you have never considered before.

another good idea that probably has low cost is open something like a ready ice. in my town theres probably 10 of these..you pay 1.25 and get a 20lb. bulk of ice or a 16lb. bag.....no labor fees, just stock the ice yourself. it's a good deal for the customer and over time will make you money.

probably cost a little more than 80k, but there is money to be made with having gas stations too.

what do you do for a living now? do something that u could use that to your advantage. my dad is a marriage and family therapist, he recently wrote his own book...it hasnt taken off yet but it's slowly getting there. he will make money from the book and become more famous--thus being able to charge more money at his outpatient office.

Hektik
04-24-2007, 01:21 AM
to the guy that said open up a shop w/ lifts and techs---i dont know about where u live but theres a hobby shop in valdosta where you pay $5 an hour and can use all of their equipment and theres a couple of people working there.

he could charge more around here though.like 15 per hour. and people would still pay casue there isnt one around here.atleast that i know off.


you cant do much with real estate at 80k.
not true.. depends on what he wants to do and how he goes about doing it... 80k would be enough to flip a house if u only used it for renovations, and had the house itself financed through a bank.........

jblaudio06
04-24-2007, 01:37 AM
i would do real estate

candy2082002
04-24-2007, 09:33 AM
i would do real estate
Ya know thats always really good to get into...like flipping houses and all, but if it was a just for fun kind and not a big money maker. I would open a kids bookstore.....otherwise flipping houses would be it for me :)

Nissangeek
04-24-2007, 09:33 AM
Auto Broker business. Get paid to car shop. That or an import, export business for car parts from Japan and Europe. Thats what I plan on doing anyway once I can get a "little" capital saved up, and maybe get a business loan.

Sol-Badguy
04-24-2007, 02:13 PM
A BANANA STAND! like the Bluth's
"Remember, Michael. There's always money in the banana stand."
I would start an Arcade. It's been my dream for a long time.

Jecht
04-24-2007, 11:10 PM
its a non profit business to the world as far as we don't disclose everything, but truely the overhead/cost for the site alone are under 2000$ a year. w/ an initial cost of 9$ to start the site it is easily worth 20k or more. how it generates money is a different scope.... how do you put a value on trade outs, friendships, etc..? you can't i know for a fact we have gotten 10k's in trade outs b/c of who we are and what we do... but this site can easily generate money and does so already.

julio/i can walk away from updating anything on the site and just run the forum and still do quite well w/ basically no hands on :goodjob:

but we have spent 10k's over the years in this scene b/c we do love it and what it has given back to us.

I've always wanted to do something similar. I just recently had an idea for a good website and I've already got a decent design. Seeing that not only has IA held the money you've invested but that you've met many new friends is reason enough for me to push my idea to reality. :goodjob:

BKgen®
04-24-2007, 11:26 PM
i would either:
1. start my own custom paint/airbrush shop.
or 2. start an animation studio.

Twinturbo6
04-25-2007, 02:38 AM
Buy a couple of town cars, hire a couple of friends as drivers, and get some chicks of craigslist, and start an escort service...

Ruststang
05-01-2007, 11:16 PM
I would go with a dui school... Drunk drivers are forced by court

redmond420
05-04-2007, 10:27 PM
i work at a headshop out in athens and we make REAL good money. We pull around eight grand a day and on a good day over ten! Plus all products are at least a sixty percent markup. plus if you sell porn there to you will make more, think about it no matter what state the economy is in people need porn and pipes.:goodjob:

redmond420
05-04-2007, 10:30 PM
celebrities will pay good money for foreign babies, you get on a plane pay off some people, and then go to hollywood and make cash.

bafbrian
05-04-2007, 10:43 PM
I'd open up an auto parts store. Definitely would make money it this business.

Since I already work for O'Reilly's Auto Parts, this who I would open one with. Better parts, better service, and overall better store in my opinion.

keevo54
05-04-2007, 10:54 PM
i work at a headshop out in athens and we make REAL good money. We pull around eight grand a day and on a good day over ten! Plus all products are at least a sixty percent markup. plus if you sell porn there to you will make more, think about it no matter what state the economy is in people need porn and pipes.:goodjob:
No offense but I really doubt you are pulling 8 grand a day. THere is definately money in there but not that much.
Porn you can make a lot of money but have to have a lot of money for startup and it is hard to get a lisence

XanRules
05-05-2007, 01:29 PM
My friends and I are starting a venue in an abandoned gas station. Anyone want pics, or does nobody care that much, haha

Five*Star*
05-07-2007, 08:05 AM
this storage thing sounds intriguing.

i myself have the money, i can get more if needed.

i was also thinking about emissions place




Emissions place... BINGO... so easy to run and always have business no matter what the weather is or the season.

soul
05-07-2007, 09:07 AM
alot of emissions car stands = $$$$$$$$$$$$

Hundo®
05-07-2007, 09:31 AM
web developement/graphic design/3d/ basically a digital media company.. at first you just have to find employees.. make a bomb ass website and you're good to go.. from anywhere between 1k-20k you can get a REAL bomb ass website from www.motiongraphiks.com (http://www.motiongraphiks.com) ( my friends, they're awesome with flash ) once you've done that it's a matter of putting yourself on some nice banners on some popular sites. You'll make your 80k back in a month if you hire the right people and advertise properly :]

IndianStig
05-07-2007, 12:40 PM
do your research on some world markets, invest in currency as it fluctuates. good quick returns if you know how to read.

babowc
05-07-2007, 06:04 PM
cellphone stores make decent amount of money.
not a whole lot of overhead.

just the inventory.

all depends on where you locate the business and what franchise you can get, though.


Metro PCS is one of the best profiting cellular phone business.. locate that somewhere in a low-income to mid-income area and you will have plenty of business.

not to mention the accessory profit.
holsters cost around $0.25 anywhere to $5, most METRO PCS stores sell them for around $10. Other stores charge upwards of $35.

thats anywhere from 400% profit to 30% profit. (if i did the math right..lol)

1jdmsx
05-08-2007, 11:32 AM
3 years ago a friend of mine decided to open a pressure washing biz.. now he makes a tad bit over 6 figures a year with only 2 trucks. only employees he has is him and a friend and they have their friends help when they need help and pay cash.

Last year i opened a Flooring biz doing tile, carpet, and hardwood and also repair jobs and wall tile jobs also. right now i do about 125k a year after investments, payroll, taxes and equipment. I have 4 crews of 2 men and they do very well for themselves.

To start off 80 k would be more than enough plus you dont have to do the labor work just sit around and be lazy.. i work jobs also so i dont gain nemore weight. the most you will be spending is on the vans... tools can come up to be around 5k for everything you need on a single crew.

ruffriderGA
05-09-2007, 08:02 PM
my dad has been driving a taxi on the weekends (03' crown vic) and making a killing, now he's closing down his used car lot and starting a taxi company because of how much money there is, he's only driving from the airport to downtown, airport to marrietta, ect. not picking up crackheads on south cobb or anything


it's definately something to look in to :goodjob:

KAKid240
05-09-2007, 10:17 PM
Any business that is required by the govt, such as emissions, inspections of things, and ect. That is sure money since you have to do it and you have to hire someone, why not me.

BABY J
05-09-2007, 10:26 PM
Car wash is a great idea. But I would add in oil changes, rust-proofing, glass replacement to make it a year-round operation.

- the guy who owns Rent-A-Wheel/Rent-Rims -- I won't say how loaded he is, but one of my exes worked at a Credit Card processing center and she told me how much business they average in a month - OH MY GOD! Not only that, the contracts are written where he has repossession authority, so he inadvertanty got into the the used car biz. CRAZY loot. W/ that said, renting (rent to own) high(er) dollar performance parts (if it could be done). Most tards will pay $1500 for some $1000 wheels if they could make payments. ;)

Crazy Asian
05-10-2007, 04:19 AM
dude sit on land. Buy whatever you can with 80,000 grand and sit on it. A small part of our small division was owned by these old folk and they bought the land back then for 5,000 mind this was back then so not sure how much. Subdivision paycheck...7 million dollars. Fuck. Sit on land. That's all I can just sit on it. Walmart down near Gwinnett. I think it was korean dude or someone but the realtor lady sold that land to some guy for like 5 million and now the lands gone up to 25 million. Not sure but thats what she told me. JUST SIT ON LAND KEEP AND just watch. Atl is almost like LA getting there. So my family are gonna buy 10 acres of land and just sit on that. We actually have a piece of property that were interested. Trust me that's the most best 80.000 youll ever spend.

BABY J
05-10-2007, 07:45 AM
That's a risk though. He'd be competeing w/ corporate investment firms, and 80k will not stand up to their buying potential.

tony
05-10-2007, 07:51 AM
Car wash is a great idea. But I would add in oil changes, rust-proofing, glass replacement to make it a year-round operation.

- the guy who owns Rent-A-Wheel/Rent-Rims -- I won't say how loaded he is, but one of my exes worked at a Credit Card processing center and she told me how much business they average in a month - OH MY GOD! Not only that, the contracts are written where he has repossession authority, so he inadvertanty got into the the used car biz. CRAZY loot. W/ that said, renting (rent to own) high(er) dollar performance parts (if it could be done). Most tards will pay $1500 for some $1000 wheels if they could make payments. ;)


I totally agree here.

I've learned a lot about business this past year and for a successful business.. I wouldn't even use a 1/5th of the $80k.

NewGen33
05-20-2007, 06:34 PM
So how would you get the 80k? Through a loan agency or over time saving.

Seymour222
05-23-2007, 03:08 PM
SBA.

NewGen33
05-23-2007, 09:23 PM
SBA.
whats that?

BABY J
05-23-2007, 09:28 PM
www.sba.gov (http://www.sba.gov)

redrumracer
05-23-2007, 09:34 PM
id say invest it and get a part time job or something

efman
05-23-2007, 09:39 PM
lumpkin countys first liquor store, with ngc&su here full of cadets it'll make a killing, now i just gotta wait till its legal, second importing jdm tytness

cpa ric
05-23-2007, 09:52 PM
Franchises require start-up money and they usually require minimum net worth as well. That's the kicker. Food businesses are notorious for having razor thin margins and they usually don't make money for awhile. Most franchisees own several to make the real money. I know someone that owns a restaurant that has been losing money for several years. He just keeps funding it for some reason. If I were going to plop down 80k, I would open a dollar store. People buy the heck out of the crap. Shrinkage can be a problem, however.

CPA RIC

Killer
05-24-2007, 01:39 PM
i don't know the cost for the tools i would need at all.... so if 80k would cover it...

a self serve garage... a couple bays... enough tools to cover each bay.. and rent out time and tools... maybe sell parts as well, oil, things of that nature... some one loses a tool they pay for it... if they break it, they pay half what it cost me to buy it... (since i would get tools with warranties.) charge extra if they go over the time they requested... provide shop manuals, maybe some assistance.... from my personal experience... i know that if i had a garage with lifts or proper jacks.. i could do a lot of the work on my own car... but since i'm in an apt complex.. i don't have a garage that i can work out of..... nor do i have the tools...

i think a lot of others are in my boat....

once the business grew i could provide a tow service as well...
you wouldn't need to hire too many people.... the building itself would be cheap... heating and air would be shop fans.. and maybe space heaters... what do ya'll think about that one?

BABY J
05-24-2007, 01:48 PM
Great idea - xtra building for long-term storage (projects) so they can push to the bays and push back - charge xtra for storage/security too.

Killer
05-24-2007, 02:12 PM
Great idea - xtra building for long-term storage (projects) so they can push to the bays and push back - charge xtra for storage/security too.


yeah... i mean i seriously think that idea has great potential...
it would have to be in a well populated area though.. no burbs... you'd need a good easy location... and great advertising... because i think the first year or two would be a bit of a flop until word started getting out... i just wish i could find someone to fund this thing... as i'm only 21 and do not have the credit for such a thing....

insurance would prolly be a bitch because if some one hurt themselves they would prolly try to sue..... but i plan on having agreements and such to keep things like that from happening.. and you have to sign all of the tools in and out.

it could even be a 24 hour thing for those that work late, yet need somewhere to hit up and work on their car at night....


baby j, you want to fund this for me! :D lol...





i really have put so much thought into this idea over the last year or so..... i just wish i knew more of the business aspect... and could actually get it rolling...

BABY J
05-24-2007, 02:28 PM
Sure - I will send you $1 via paypal.

Killer
05-24-2007, 02:31 PM
yes! [email protected]!

get it to me asap!

{X}Echo419
05-24-2007, 05:21 PM
What would it be? You have to use all the money to start a profitable business, this must cover equipment, renting a storefront, inventory if needed, etc.
Nail Salon hands down. a. the all make $$$ almost no matter where and I'd be surrounded by hott viet chicks all day :2cents:

cpa ric
05-25-2007, 07:59 AM
The nail salon idea is the best one yet. I visited a nail salon a few times for a no-polish manicure. The girl giving the manicure was hot like fire.

BABY J
05-25-2007, 11:14 AM
LOL

sirkus
05-25-2007, 11:16 AM
Start an air conditioner repair company. You can take a 2 yr course, do a couple jobs, buy a big ass van and hire a crew to do all of your work for you. 100bucks min per visit and you'll have around 6-7 visits a day.
Something that is always needed is the best option. But then again...
If you could get your hands on some nice property. The storage idea has been the easiest money maker I've seen yet.

Curmudgeon
05-26-2007, 11:19 PM
Anything that's NOT economy driven. IE: any type of construction/home improvement, landscaping, food service, speed/tuner shop ect., you get the idea.

MUST be a low overhead operation for at least the first three years. Minimum payroll, employee and equipment/base of operations numbers are key. Baby steps.

Think brokering..... service or goods.

In a sevice type business, contractors pay you for leads(this can be ANY service). This is a win/win as the cost to the contractor is a mere fraction of what they will pay in ad/marketing, and you get paid for the leads only. Let the hired contractor eat the overhead/payroll/worker comp./taxes/bonding/ins. etc.).

No guarantee of invoices generated. What they do with the lead is their bad. You get paid regardless at $75 a pop.

This may not sound like a huge amount of money, but.... providing three contractor references to say only three homeowners or businesses for example at the stated $75/pop is a comfy $675.00 per day gig. If you hustled, you could see a $3375(or better)gross income per week. Not too shabby for hanging out in your comfy home based office selling your service to contractors, bussineses, homeowners.

In this city, there are a wealth of contractors fighting it out for the work. They just need the leads.

Your biggest expense will be marketing/networking to the existing quality contractors, which really is just a matter of makeing available your services to the target contractors. Cold calls(to the right individual), and mailers do work.

A postage machine is your friend.

This technique can be used with just about anything you can think of that is in demand. You'd be shocked at how many businesses will graciously pay you for prospective leads, and as already said, this can be used with either service or goods.

Crazy Asian mentioned land. This is also a no lose option IF you've got the time/resources to go the long haul.

Sorry for the long winded rant. Just some food for thought. I'm a firm believer in small business/entrepreneurship.

Good luck!

tony
05-26-2007, 11:38 PM
yeah... i mean i seriously think that idea has great potential...
it would have to be in a well populated area though.. no burbs... you'd need a good easy location... and great advertising... because i think the first year or two would be a bit of a flop until word started getting out... i just wish i could find someone to fund this thing... as i'm only 21 and do not have the credit for such a thing....

insurance would prolly be a bitch because if some one hurt themselves they would prolly try to sue..... but i plan on having agreements and such to keep things like that from happening.. and you have to sign all of the tools in and out.

it could even be a 24 hour thing for those that work late, yet need somewhere to hit up and work on their car at night....


baby j, you want to fund this for me! :D lol...





i really have put so much thought into this idea over the last year or so..... i just wish i knew more of the business aspect... and could actually get it rolling...

I momentarily pursued this idea, I only found one business in the country that functions like this and its called Gearhead Garage in Arizona. In a nutshell due to insurance regulations in Georgia your customers would have to be considered employees while working on their car.. its a liability nightmare. Someone can do it but it will require deep DEEP pockets and be ready to not make a decent profit for the first few years, the money would be made in franchising the business should it work.

Otherwise the government takes the hit on the idea with the "Hobby Shop" that is where I originally got the idea since my dad always took me there when he would work on his car.

Killer
05-29-2007, 08:58 AM
I momentarily pursued this idea, I only found one business in the country that functions like this and its called Gearhead Garage in Arizona. In a nutshell due to insurance regulations in Georgia your customers would have to be considered employees while working on their car.. its a liability nightmare. Someone can do it but it will require deep DEEP pockets and be ready to not make a decent profit for the first few years, the money would be made in franchising the business should it work.

Otherwise the government takes the hit on the idea with the "Hobby Shop" that is where I originally got the idea since my dad always took me there when he would work on his car.

yeah, franchise would be the way to go.. i knew that already...

BABY J
05-29-2007, 09:20 AM
Buy 79,998 lottery tickets and an energy drink.

Demsum
05-29-2007, 10:25 AM
I work at an electronics store, and I've realized that the markup on cables is crazy high. Often times like 1000% profit per cable. If I could find the right market. I would open a cable specialty store where I would sell all types of printer cables, video cables, power cables, speaker wire, and other accesories. Kinda like Radio Shack, but more customer service oriented. We would probably do lot's of special orders which we could charge extra money for.

kpc2593
05-29-2007, 12:19 PM
With that money, I can make a in-home computer repair/upgrade shop.

BABY J
05-29-2007, 12:22 PM
Or you coudl get 12 gallons of 94 Octane.

1000cckiller
06-08-2007, 07:14 AM
Remember a car wash is seasonal. There will be many days when you wont be doing anything or making any money plus for 80k, you cant get much. If you are trying to buy a place, own the land and have all of the bays with maybe a car wash at the end, that will cost you about 200k at the minimum. You can put 80k down but when I was looking, it was an 200-420k investment.

I have an idea that would make you money. Goto China or Korea and meet with someone and become a US distributor for that product. Perhaps a speaker line, tire line or audio line. This is how many of companies got their start in the US. Just an idea.okay I need to see where ya'll are coming up with this 200k to 420 investment for a carwash.

1000cckiller
06-08-2007, 07:22 AM
My dad has a carwash and it deff is seasonal for sure and sucks like shit during the week. Its located down the street from atlanta motor speedway.Being real it is your location that sucks that is why it is seasonal. I own a carwash, we are busy all the time. but the best time of the year is winter, because no one wants to wash their cars.

iloveboost
06-08-2007, 07:23 AM
okay I need to see where ya'll are coming up with this 200k to 420 investment for a carwash.
The machines, maintenace, property, insurance and overhead.

The machines are what cost the most.

1000cckiller
06-08-2007, 07:23 AM
You would need more money than that and it is hard to get a franchise. Need like 10 years of experience with franchises and a lot of other qualificationsThat depends on the franchise, and also if you have the money, it takes less time.

1000cckiller
06-08-2007, 07:32 AM
The machines, maintenace, property, insurance and overhead.

The machines are what cost the most.You people have to go throught the right channels it not that much. I own a carwash now, have been for the last four years. I priced self serve and am still thinking about doing that. equipment and all 120k. Your highest cost of ovehead is your water.

1000cckiller
06-08-2007, 07:54 AM
Look Mike it you want to start a business, I have one for you and I wouldnt mind investing in it with you. People have to understand it take time to find a location, and you have to survey it to make sure, it is going to generate the type of business you are lookling for. Sex shops and real estate for what is in this thread generate the most from what was said so far. I have been researching for about two years for another business to open. I have finally found that business, and it is a fitness gym. Gym's are like people home away from home now, and people are so self aware about their health now. I am a member at LA Fitness, I cant possibly tell you a time I have seen it empty, same goes for gold's gym and ballys. So my next investment is in a gym, and I have already found a location.