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Old 02-20-2013, 10:25 AM
 
43 posts, read 72,268 times
Reputation: 43

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It costs $50,000 to start, and it will, on average, net 15,000 in profit per year.

Scale it.

15,000 X 34 stores = $510,000 per year in profit!!!!!

Making money. It's so easy!
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Old 02-20-2013, 11:22 AM
 
Location: Keosauqua, Iowa
9,261 posts, read 17,967,185 times
Reputation: 12592
Is that $50,000 to start one store, or $50,000 per store? Because if it's $50,000 per store you're going to have to lay out $1.7 million in order to realize that $510,000 profit. Still a good return with a 3-4 year payback on the initial investment, but that's a lot of money to come up with.
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Old 02-20-2013, 11:26 AM
 
26,547 posts, read 33,929,639 times
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How is this all going to work? How solid are your plans? Why am I a skeptic about the claims?
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Old 02-20-2013, 11:30 AM
 
Location: Bowie, MD
303 posts, read 539,957 times
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Step 1: Build a Business
Step 2: ???
Step 3: Make a profit.

Seems legit.
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Old 02-20-2013, 11:32 AM
 
43 posts, read 72,268 times
Reputation: 43
Quote:
Originally Posted by SD4020 View Post
How is this all going to work? How solid are your plans?
It's a restaurant. It is going to have 34 locations across the U.S. Most restaurants make around that number in profit. The owners just don't own enough stores to make A TON of money.

Quote:
Why am I a skeptic about the claims?
Because not many people have the determination to make it a more common occurrence.
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Old 02-20-2013, 11:33 AM
 
43 posts, read 72,268 times
Reputation: 43
Quote:
Originally Posted by njclay2004 View Post
Step 1: Build a Business
Step 2: ???
Step 3: Make a profit.

Seems legit.
Most restaurants profit at least in the 10-15K area. The owners just don't have the resources (extra cash) or initiative to scale them.
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Old 02-20-2013, 11:45 AM
 
26,547 posts, read 33,929,639 times
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Or they grossly underestimate operating costs and initial startup costs. No matter the determination restaurants have a high rate of failure within the first to three years. It cost a lot of money to operate a restaurant. Expanding too quickly also ups the risk of failure.

If you want to come across as confident or cocky, you should have a firm grasp of the numbers, inside and out front to back etc.
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Old 02-20-2013, 11:49 AM
 
43 posts, read 72,268 times
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Quote:
Originally Posted by SD4020 View Post
Or they grossly underestimate operating costs and initial startup costs. No matter the determination restaurants have a high rate of failure within the first to three years.
Yep, and they aren't starting with a clean slate. They are, from the start, bogged down by start up and operating cost loans that eventually cut into their profit too much for them to be able to rely on it as a source of main income.
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Old 02-20-2013, 11:52 AM
 
26,547 posts, read 33,929,639 times
Reputation: 23936
So you're have volumes of cash laying around? The plan sounds wonkey.
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Old 02-20-2013, 11:58 AM
 
Location: Southern New Hampshire
8,085 posts, read 14,094,425 times
Reputation: 25902
Yeah, THIS sounds legit.

How much you want to bet that the OP spams C-D shortly? Any takers?
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