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Thread: If you had $80,000 to start a business.....

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    Gods Chariot Vteckidd's Avatar
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    this storage thing sounds intriguing.

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

    i was also thinking about emissions place
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    www.jasontbarker.com speedminded's Avatar
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    Quote Originally Posted by Mr. KiDD
    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

    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.

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    AKA: "GearHeadMike" Five*Star*'s Avatar
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    Quote Originally Posted by Mr. KiDD
    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.

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    Ghost AirMax95's Avatar
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    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%

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    Privateer Racing!!
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    Quote Originally Posted by AirMax95

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


    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.


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    Because I eat RICE RiceBoy's Avatar
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    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.

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    '07 tC crzydesi's Avatar
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    invest overseas... there is tons of opportunities outside of the U.S.



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    Gods Chariot Vteckidd's Avatar
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    ^^^^ I watch FLIP THAT HOUSE and it seems way to easy to make money like they are doing
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    Privateer Racing!!
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    Quote Originally Posted by Mr. KiDD
    ^^^^ 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.


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    Gods Chariot Vteckidd's Avatar
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    that team of brothers in Texas is cutthroat! i love those guys. wife is pretty hot too
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    Privateer Racing!!
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    Quote Originally Posted by Mr. KiDD
    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!





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    It's the Birdman bitches! BirdmanSRT's Avatar
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    DRAG STRIP!!!! And a damn good one!

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    HIV+ HalfBaked's Avatar
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    I was gonna say emissions.

    Get a place like an old abandoned bank or something.


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    Coors Can 04CoorsCan's Avatar
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    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.

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    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!

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    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.



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    Senior Member | IA Veteran Elbow's Avatar
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    that would be over 80k

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    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.

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    ( . )( . ) inmymouth _Christian_'s Avatar
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    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.


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    surprised noone said it Laundromat...............duh

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    www.jasontbarker.com speedminded's Avatar
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    Quote Originally Posted by bigdare23
    surprised noone said it Laundromat...............duh
    There's a couple on here that have done that, profitable but suprisingly quite a bit of overhead...

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    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....
    Last edited by Hektik; 04-17-2007 at 11:14 PM.

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    Senior Member | IA Veteran SleeperWRX's Avatar
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    Tire Shop/



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    BOOB koukis14's Avatar
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    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.

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    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

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    ⎝⏠⏝⏠⎠ RandomGuy's Avatar
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    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.

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    new & improved® for 07-08
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    Quote Originally Posted by RandomGuy
    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.
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    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.
    HOOKAH?! WTF..YOU MEAN HOOKER! :boobies:

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    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

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    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.

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    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????
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    sammich is my bitch 1000cckiller's Avatar
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    Quote Originally Posted by WickedIXMR
    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.

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    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.

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    Gods Chariot Vteckidd's Avatar
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    Quote Originally Posted by Seymour222
    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
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    i drive a giant blueberry preferredduck's Avatar
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    Quote Originally Posted by Seymour222
    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!!!!
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    real estate, automotive, i could do 2 duplexes and still have $$$ left over.
    Check out my for sale threads!! 15" competition speakerbox, 1TB External hard drive, and plenty of car parts!!!

    I Need some WRX, 350Z, 240SX, Really any car owner to let me do R&D for Ground Kits, Please Let me See the layouts!!!

  37. #37
    h series
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    just play it in one hand of poker. ALL IN baby



  38. #38
    DYLAN DYLAN DYLAN DYLAN!1 Black R's Avatar
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    liquor store


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  39. #39
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    ^ thaats what im talkin about ha

  40. #40
    Senior Member 2turbo4u's Avatar
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    Buy a house (downpayment), put the rest in a IRA and you'll be set when it's time to retire!

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