Buying an already established business worth ~1M$
Entrepreneur
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I’m also in this this position looking for something completely hands off.
Look on bizbuysell, if using an SBA loan you could use the $250k to buy a ~$1mm business
Great site. I’m constantly scouring it. Just gotta make sure you do your due diligence! I’ve seen quite a few attractive deals, submitted inquiries, and found atrocious financials. Definitely takes patience and research.
Almost anything you want. You could buy a business currently generating revenue and get an almost instant return. Or you could invest in other things. If I had that much, I’d look into trading bots in the crypto and forex markets. They require little skill to set up, but they will be in a period of drawdown some of the time. So I would suggest a mix of both, find an online business where you can negotiate price or terms and then once that is running smooth look into other stuff or support whatever you buy with another business acquisition.
If this is how you're approaching it... scammed.
People looking for a place to spend/invest soon get swindled.
Step back and figure out what skills you have, what skills you need, if business is even a fit for you. Meantime, conventional investments such as are made in a retirement fund are a good idea.
What are some business opportunities -$70k cash can get you?
in the same boat lol
Would you be interested in using 80K as an angel investor? I have a promising company, and right now I'm saving the 80K myself. We can sign a contract and everything. We can discuss the idea, how much you get back for the investment. Just DM me if you're interested.
I don’t know if you have interest or knowledge in the startup industry but try investing in a startup, if you put your bets at the right people and the right execution of the plan, you will get good amount of returns
Buy some real state close to universities and you can rent rooms to students. They normally don’t miss payments.
Best way to invest it atm.
If you have storage space to go along with it I'd look at something in the rental market. Things like blow up bouncey houses and what not can often be rented out where they repay the investment after a year (assuming you can market the rentals).
There's a place locally that just rents tables and chairs. It's like a buck a chair and 5-10$ a table. Every holiday they rent out tons and basically pay for everything after the first year.
Another guy does the inflatable movie screens and does movie in the park nights. It's become popular enough that many community associations each their own through the fall so he's booked up almost every weekend. I think it's around 1-2k a night for probably 6 hours of setup, hit play on the movie and then teardown.
(The Sound of a Sea Invasion) | Hoi4
About to launch a vape company, if you’re interested in investing. Putting 150k in myself which is all I need, but then again more initial inventory will just add to a more rapid expansion.
Maybe you could expand on your business goals and objectives.
It appears that you want a high ROI.
“Are you familiar with Amway?”
This is the entrepreneurship subreddit.
The entrepreneurship journey is "Vision," build and launch a "viable and sustainable" business and decide the next step once you've crossed the "viability" and "sustainability" milestone.
So how do you connect your 250K with your entrepreneurship journey?
Do you have business experience? Like literally built a business from scratch to scaling it into something that is worth at least $250K?
If you have no business experience you’re literally better off putting this into stocks like QQQ and SPY and not worry about it lol
Give it to me I’ll turn it into 1mil within a month. I’ll let you keep 300k.
Take a look at Bizbuysell website for business opportunities. You can search by state or by county.
look into buying a business. find a reputable business broker. read the book "buy then buiild". With that money as a down payment you could get a pretty huge business loan and use the profits from the business to pay the loan off. if executed correctly you could turn 250k into 2.5 mil. in around 8 years if you are moderately successful.
I would build my inventions and make a beautiful portfolio. I am trying to get ten percent of that amount to kickstart my projects.
One option is to use the money towards debt funding so you would be able to have even more money and free roll.
PM me
Pay me 50k to make you an app.
Spam in your inbox 😂
Literally anything if you’re creative enough. Billion dollar brands have started with less.
I think your hard work mentality scares the kids on Reddit.
Throw a gig
Section 8 real estate using seller/creative finance can net cash flow over 7k with just 60k so you’d be doing well with 250k
Tell me more…
As other people said buy a house near a university (preferably with a basement with cement floors for party's) furniture it cheap and rent it out I have a few properties near a university and it works very well
Become an angel investor and put in 10k - 50k in a bunch of startups and hope one becomes a unicorn.
real estate
Invest in the next best startup
mine. I’m selling my home services franchise business for half that amount - fully operational without about $450K gross revenue in the last 9 months.
Self-storage down payment. But watch some AJ Osborne YouTube videos first. You don’t tenants calling you at midnight with broken water heaters. College rentals are high maintenance.my friend bought several in the 80’s and in the summers we spent a great deal of time and money de- animal housing them.
There’s actually a lot of things you could do with less than that. There are franchises that are far below that to buy into. There’s a half dozen different things you can do with real estate starting with less than that. I’m just concerned that if you have that kind of money to start with, but no real ideas on what you want to do with it… you’re likely going to do poorly in your venture for lack of a personal connection with your venture.
I am in investment expert with a good Linked, I can get you hooked up with businesses that would not only give you a 6 to 8% monthly return, they would give you equity in the business with a 30% plus minimum growth rate. So yeah. And you need to invest a maximum of 30k Dollars
You could look at franchising a fast food restaurant. It depends on which one, but you can start one with that type of money.
Don’t gamble it on crypto or stocks my friends #readyfordowns
You can give it to me. I'll turn it into 350k by 2024.
I’m commenting before reading. I’ve got a $250k bonus coming by way and would love to create a new source of income. Can’t wait to read through the comments. Great question!!
I’m not sure about these comments. There are many franchise opportunities to purchase/start with that budget. I looked into a Nothing Bundt Cakes and they start at $35k.
You could get into franchising. I work in business consulting, and have been working with franchise clients a lot this year (QSR and Retail mainly). Good franchises can net you 12-18% depending on the company (QSR wise - Retail franchising is a lot of work for peanuts imo)
Buy a business
Got a blueberry farm proyect in Mexico. Looking for 3 investors with 60k each. It gives 45% returns in average for the first 5 years. Anyone interested dm me
Franchise Ownership, E-Commerce or Food and Beverage Industry
Less than 5% into courses/mentorship, 2-5x the rest through compounding