Comparing two business investment options from @douggrindstaff
The creator poses a hypothetical investment choice between a 200-unit vending machine business and a funeral home, given a $50k down payment. He analyzes the financials for the vending machine business first, detailing its asking price, revenue, profit, and the net profit after financing through an SBA loan. He then performs the same breakdown for the funeral home, highlighting how the included real estate allows for a longer loan term, and calculates its net profit. Finally, he declares the vending machine business the winner based on higher profit and personal preference, concluding with a call to follow.
Creator: @douggrindstaff on Instagram
Transcript
50,000 to invest. Do you buy 200 vending machines or a funeral home? Let's do the math. You can buy this vending machine business for 439,000. They've been around for fifteen years and they have over 200 vending machines across Naples, Florida, strategically placed in offices, gyms and schools. Doing $290,000 in revenue and making about $178,000 in profit off that. You can put down your 50 ks and finance the rest, which is about $389,000 That would be about a $5,000 monthly payment to your SBA l
Topics: Business, Entrepreneurship, Real Estate
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