 |
|
Another, more 'mature' business opportunity?
07-14-2007, 08:55 AM
|
#1
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
|
Another, more 'mature' business opportunity?
Ive always had the desire to own businesses...from real estate to sevice industries to sports bars.
But the one I've always dreamt of (he he) is for sale in my neighborhood.
$120k gets me my very own strip club! I think I'd enjoy the long, hard nights....lol
I could have my very own VIP room in the back, with red lights, round tables, free flowing liquor, maybe some poker and cigars?
Its just a dream folks....my family surely wouldnt approve and I surely wouldnt throw 120k at this particular club...but a guy can dream, can't he!
I hear they are close to passing a "6 foot no touch" rule here in Ohio...no dancer can come within 6 ft of a patron (or maybe its 3 feet)
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
07-14-2007, 03:14 PM
|
#2
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
|
Sooooo, how well do you know the industry?
|
|
|
|
|
07-14-2007, 03:17 PM
|
#3
|
|
Moderator Emeritus
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
|
 Quote:
Originally Posted by Meadbh
Sooooo, how well do you know the industry?
|
Now, Meadbh, you behave yourself...
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.
As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
|
|
|
|
|
07-14-2007, 03:19 PM
|
#4
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
|
Who let the docs out?
|
|
|
|
|
07-14-2007, 03:20 PM
|
#5
|
|
Moderator Emeritus
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
|
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.
As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
|
|
|
|
|
07-14-2007, 03:41 PM
|
#6
|
|
Thinks s/he gets paid by the post
Join Date: Mar 2006
Location: Houston
Posts: 2,155
|
What's the expected return on investment? Or does it matter? I'm asking, of course, as a potential investor.
|
|
|
|
|
07-14-2007, 05:12 PM
|
#7
|
|
Dryer sheet aficionado
Join Date: Jul 2007
Posts: 42
|
There is a saying 'a fool and his money will soon part'.
I don't know about you, but whenever I let my penis do the thinking, the chance of doing foolish things increases.
|
|
|
|
|
07-14-2007, 05:18 PM
|
#8
|
|
Recycles dryer sheets
Join Date: Jun 2007
Posts: 374
|
Does the "6 foot no touch" rule apply to club management too, or only to patrons?
|
|
|
|
|
07-14-2007, 05:23 PM
|
#9
|
|
Dryer sheet aficionado
Join Date: Jul 2007
Posts: 42
|
I can imagine that depends on the 'compensation package' 
|
|
|
|
|
07-14-2007, 07:19 PM
|
#10
|
|
Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
|
and what does your SO think of this idea ?
|
|
|
|
|
07-14-2007, 07:50 PM
|
#11
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
Quote:
Originally Posted by pj86
I can imagine that depends on the 'compensation package'
|
Pretty small salary, short hours, almost no benefits.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
|
|
07-14-2007, 08:06 PM
|
#12
|
|
Thinks s/he gets paid by the post
Join Date: Jul 2005
Location: Los Angeles area
Posts: 1,708
|
Is this an example of Peter Lynch's "buy what you know" strategy ?
__________________
learn, work, save, invest, fire
|
|
|
|
|
07-14-2007, 08:44 PM
|
#13
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,005
|
Do you have to pay the $120,000 in one dollar bills? 
|
|
|
|
|
07-14-2007, 08:46 PM
|
#14
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
|
Quote:
Originally Posted by thefed
Ive always had the desire to own businesses...from real estate to sevice industries to sports bars.
But the one I've always dreamt of (he he) is for sale in my neighborhood.
$120k gets me my very own strip club! I think I'd enjoy the long, hard nights....lol
I could have my very own VIP room in the back, with red lights, round tables, free flowing liquor, maybe some poker and cigars?
Its just a dream folks....my family surely wouldnt approve and I surely wouldnt throw 120k at this particular club...but a guy can dream, can't he!
I hear they are close to passing a "6 foot no touch" rule here in Ohio...no dancer can come within 6 ft of a patron (or maybe its 3 feet)
|
At least be honest with yourself and leave out the long part.
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
|
|
|
|
|
07-14-2007, 10:54 PM
|
#15
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
|
Ha ha...y'all are pretty funn... i figured i'd get such responses
funny thing is....i really want to own a strip club one day....but it'll never happen....
and yes, i might know about the industry a little bit. dont we all
|
|
|
|
|
07-15-2007, 03:06 AM
|
#16
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
|
Quote:
Originally Posted by thefed
Ha ha...y'all are pretty funn... i figured i'd get such responses
funny thing is....i really want to own a strip club one day....but it'll never happen....
and yes, i might know about the industry a little bit. dont we all
|
What's even better is being the friend of someone that owns a strip club... Buddy!
|
|
|
|
|
07-15-2007, 04:48 AM
|
#17
|
|
Full time employment: Posting here.
Join Date: Sep 2006
Location: Pocono Mtns.
Posts: 899
|
The $120,000 is just the down payment, right?
|
|
|
|
|
07-15-2007, 08:57 AM
|
#18
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
|
Quote:
Originally Posted by cantlogin
The $120,000 is just the down payment, right?
|
no, from what i gather its the selling price of the business. no building, just the business
|
|
|
|
|
07-15-2007, 10:28 AM
|
#19
|
|
Thinks s/he gets paid by the post
Join Date: Jul 2005
Location: Los Angeles area
Posts: 1,708
|
Does that include the inventory ?
__________________
learn, work, save, invest, fire
|
|
|
|
|
07-15-2007, 10:53 AM
|
#20
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
Probably doesnt include the lawyer fees to handle incidences of drug and prostitution arrests, the bouncers wages, the lawyers fees to handle the suits brought against the bouncers actions, the theft, etc.
Its a bit of a leaky business. So i'm told.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
Linear Mode
