Heres a business Opportunity Im considering right now Tell me what you guys think

[shrimp poboy]

I got turned on to this Idea from a guy in TX who is involved with it right now and is Making a Shit load of money.Im a dealer for restaurant equip which means I get better(And can offer better prices than most can)This guy needs 4 more of these units he would have to pay 125,000 each(I get them for 99,000)So rather than being greedy I am only marking them up 10% and I make 40g;s he saves a bunch.Heres the Link I have an investor is willing to take a chance on this and loan me the 230,000 to me that i need to put them on location but he wants 25% back.

The Ice Cube | High Profit Ice Vending Machines For Businesses

 

[redshirt27se]

I'm not following..

so you have a guy that needs 4x equipment at 125k each. You get them for 99k.


so you have an investor willing to loan you 230k to buy these, but you have to give him 25 points? I just want to make sure I am understanding.

 

[shrimp poboy]

I'm not following..

so you have a guy that needs 4x equipment at 125k each. You get them for 99k.


so you have an investor willing to loan you 230k to buy these, but you have to give him 25 points? I just want to make sure I am understanding.

Yes and Yes Not only do i want 2 of these Im gonna start selling them as well.

 

[Jon79]

57.5k goes back to him and u keep 42.5k intead of just charging the origional guy 10k per unit?

 

[redshirt27se]

Yes and Yes Not only do i want 2 of these Im gonna start selling them as well.

25% on 230k is 57,500


thats pretty rugged if you ask me. so you have a guy who wants 4 of these.. is there a good market out there to sell more? seems like you have a good mark up if you can make roughly 25k on each sale.

 

[Jon79]

so u can get the units on location so ur client will pay you and the invtor is fronting the deal basically?

 

[puddlemonkey]

 

[miplank]

lol

 

[kx250rider]

Sounds good, but as with any investment of that size, I'd personally do a lot more research beyond asking opinions in forums (and I'm sure you are)... My big 2 questions for myself would be: 1) What happens if the buyer craps out? Will the investor wait at no additional cost for an alternate buyer? 2) If worst came to worst, and you had to liquidate those at a loss, could you pay back the investor without being in financial trouble you can't get out of? And also, I know banks and the SBA are tough right now for capital and small business/personal loans, but a flat 25% is illegal in most states when it's for a cash loan, and it's bordering on loansharking rates. I'd at least think creatively for other ways to come up with the money. Even borrowing from an IRA or getting a home equity loan might be cheaper, and safer. Just don't rush into anything.

I don't mean to sound negative, but I've been down both roads... Success and bust.

Charles

 

[bran987]

I would get a signed agreement he can't go direct to your source and then take a commission on this deal. Then let him buy them directly. What you are doing is crazy. Do not take out that loan personally with that juice on it. kx250rider is right, if the buyer backs out, which is very possible, you have just reallys screwed yourself.