Quote from Hydroblunt:
Let me tell you something.
If that sh*t is for real, I will buy it within a week. I can get 300k USD through my family, whether mortgaging my apartment in Moscow or just tapping into the rare gold coin & stamp collection of my granddad. Or if I really need to, I will just ask my dad and have him free up or get the money somehow.
But I'm not a spoiled kid, far from it, and unless there is a must have once in a lifetime opportunity, I cannot justify piggybacking off my family.
So now consider, if someone like me can get 300k real quick if I really need to, imagine the people that own businesses and have easier access to cash. You are talking about 50+% return business, not trading. Any businessman looking to acquire more assets would buy that on the spot if it was genuine.
I think it's obvious that there is a lot more to that business. Otherwise, why would it be for sale? It just makes no sense, why would anyone sell something like that for so cheap?
Hydro,
If you can get the money, you can make some serious cash. I can show you trucking companies selling for 2-3 million, that net profit a million, million 1/2 a year.
As I said earlier man, I dont know the company you know or your family. I grew up with nothing and dont have much now. I cannot get 300k, that is for sure. Also, no one in my family that I am close to, has anything like that either. Hardly any friends could even dream of coming up with that sorta cash.
I think I read that 90-95% of americans at retirement has less then 20-25k in savings. That stat alone should tell you something, people dont have 300k or the means to get it. Even a SBA loan, you need 20% down, excellent credit and a steady job and then you better have the financial statements from the business to back it up.
I know of a guy, I know who he is, not a friend, not an acquaintance, nothing to me. he was in the transportation industry running trucks across the usa. He had 4 trucks (routes), he grossed 800 a day NET profit for 7 years. thats 200k a year profit, to me, thats a BOATLOAD! Hes 40 now, sold his routes (no idea how much) and bought a semi and will travel across country and sail off into the sunset. He probably has a mill or more saved. A doctor making 400k a year, pays 1/2 in taxes, he makes 4k a week if hes lucky. Your talking Dr. money. Again, if you live in Bel Air, the Hamptons, Key west, that may be shit money, but for the other 99% of americans, they would chop their hands off to make that sort of money.
To most people, that is plenty to live off or work part time for the rest of your life. It all depends on your lifestyle, family, etc etc.
Call them sites on Monday they got loads of them. Just remember, its a business. You have to run it yourself, hire someone who is capable of running it. If you dont, you run the risk of the parent company taking back the territory. You will have a legal mess on your hands trying to save it. Some of these places dont allow absentee owners, others do. Check into it.
People sell for all sorts of reasons, health reasons, family problems, divorce, family member dying, just sick of doing what you been doing for the past however many years, maybe you hit your target to where you are well off and are ready to sell. Oh ya, and some people, no matter how much money they make, it isnt enough or they become lazy. I have friends that I have tried to tell them about this and maybe go partners in something like this, I might as well talk to the wall. Some people are not and can never be motivated, they like the 40 hour work week, making 10 an hour. Not that there is anything wrong with that, there isnt. But thats what seperates the people who are successfull and have retired early in life and vacation and maybe have 1-2 homes and those who work until 65 and live off SS making 900 a month. To each his own.
