just want yur opinion and why u like yur choice. Thanks.
2007-01-02 11:07:05 · 10 answers · asked by . . 1 in Business & Finance ➔ Small Business
nightclub
2007-01-02 11:12:29 · answer #1 · answered by indijanchek 2 · 0⤊ 1⤋
Since no one on here can give you an informed opinion with the scanty information you've provided I'll give you some ideas to chew on.
First off with $300,000 to invest you can "control" a property/business asset worth about 1.5 million or so. You do this by finding a seller of asset you are interested in who is willing to take your money as a down payment and finance the rest. If you look up my profile you'll find that I answered a question today (How much do I have to put down for a business loan?) about buying an existing franchise that goes into the way to approach this. I won't repeat my previous answer here.
Second, you ought to look at where you can achieve the greatest return on your investment rather than limit your choice to a Nightclub or a Shopping Mall. I can make a case for either one but for several reasons would not go near these. The biggest reason is that there are far better opportunities out there than either of these.
Assuming you are serious with your question you need to find several business brokers to work with. If you have your heart set on either of the options you mentioned you may be able to find a business broker who can help you locate a desirable property.
Finally, don't get stampeded into making a fast decision. It is obvious from your writing style that you are still wet behind the ears and you need to get smart about what you are doing before someone dishonest takes your money.
2007-01-02 20:32:22 · answer #2 · answered by Flyboy 6 · 1⤊ 0⤋
You need more information to be completely sure, but 90% of the time, the mall will be the best option. Your risk in running a nightclub is huge compared to owning and leasing real estate. Unless this is THE nightclub in THE best part of town, it will run a low profit margin, they just do. You have to have to worry about lawsuits,liscensing, insurance, and staffing, not to mention fluctuating income.Talk about a headache. Meanwhile the mall is more stable income, and not much work once tenants are found. Your clients are business owners, not students and partiers.
Are you trying to be an absentee owner? Finding a good trustworthy property manager is also so much easier than a trustworthy club manager. Of course you have to look at thier books and make sure there is profit and no glaring problems before investing, because there are always exceptions.
2007-01-02 20:38:06 · answer #3 · answered by Ron B 3 · 2⤊ 0⤋
I have been financing start ups, R& D's, small businesses, small and mezzanine companies as well corporations for over 25 years. Flyboy totally hit it all on the nail. The only thing I can add is STOP AND DO NOTHING. Do your due diligence and give yourself a year of intensive research into what kind of business you should invest in, what business you would enjoy and love being involved in, and most of what business would profitable. What demand is not being met? Think clearly and after your research, GO FOR IT! Please stay away from get rich quick schemes. Let me know how it goes! Good Luck!.
2007-01-02 20:42:02 · answer #4 · answered by BellaDonnaRev 3 · 1⤊ 0⤋
Neither - Invest in my Business - less headaches - talk to me about it later (smile)
Nevertheless - I think a better business investment would be a 5 star Movie Theatre - Dinner and a Movie . . . Location is everything - since they've already made a movie premier for $25.00 - Who wouldn't pay $65.00 + for Dinner and a Movie in a plush and classy atmosphere.
2007-01-02 19:16:31 · answer #5 · answered by Eva 2 · 0⤊ 1⤋
Quick.....set fire to the money before you do something stupid with it. Do you have any idea how much real estate you can leverage with 300k liquid? Of course not. Grandma should have kept it locked up for a few more years. I mean....A NIGHT CLUB???? Jesus H. Christ
2007-01-02 23:00:25 · answer #6 · answered by questionable reality 3 · 1⤊ 0⤋
I shur in the hell dont have that kind of money. But I would go with the mall.Becuz you could have alot of stores in it then you could charge them for rent and like 15%of there income then you would come up with 7 times as much money from when you started
2007-01-02 19:17:34 · answer #7 · answered by 32 1 · 0⤊ 2⤋
da the mall
2007-01-02 19:24:05 · answer #8 · answered by Anonymous · 0⤊ 1⤋
mall
2007-01-02 19:24:42 · answer #9 · answered by Erin-Elena Neverland 3 · 0⤊ 1⤋
stripclub
buy a dump
let the girls make the money
2007-01-02 19:09:09 · answer #10 · answered by Robbie 3 · 0⤊ 2⤋