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I have 250g to invest, I am a smart guy, how do I begin to find a buisness?

I am a teacher tired of being a teacher, so I am not afraid of hard work. I have some money to use to buy a buisness, how do I start?

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Answers (14)
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Cowboy Business Group
Business Broker
Utah County, UT

Drew-I have an established business whose owner wishes to retire after 30 years of building this franchise. He has a full time employee who can manage the business operation. You could probably see about 70K annual return, perhaps more.

Apr 18, 2011
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Hello Drew. Just to add more to your business idea list.
Check this out : http://www.wminow.com/BusinessPresentation.aspx?ID=Darling

Apr 15, 2011
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Hi Drew,

Would you be interested in investing some of the money in real estate ? I am looking for someone to put up $ 135,000 secured by real estate. The loan would be for a 3 yr term with interest only payments and a final balloon payment of the original loan amount +10 % additional. The interest rate would be 5% per annum. The property that the loan would be for has an appraised value of $ 225,000. The loan is completely secure. If you’re interested, please contact me at racosta@torcousa.com.

Apr 14, 2011
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Cowboy Business Group
Business Broker
Utah County, UT

Drew- I have a franchise for sale that has been and continues to operate with excellent cash flow and can generate a good ROI as an absentee run business. It is turn-key and the owner wishes to retire. The franchise is a household name and need service.

Mar 30, 2011
Marv White
Bizprofitpro
Hartford County, CT
Premium Broker

Drew, beginning of the process is a self evaluation. What are your passions? What skill sets do you posses that would be well suited for a particular industry. You mentioned you were tired of being a teacher… you might consider using your time off in the summer if it’s possible to work in or around the industry that you are considering. Here are some other things to consider:

1. Salary requirement
2. Hours of operation
3. Exit Strategy (begin with the end in mind)
4. Business goals

These are just a few things to consider, but it's all in the planning. Be patient and invest your time in understanding what will make you happy. There will never be a shortage of opportunities if you have capital. Best of Luck!

Mar 29, 2011
Gerald Kong
Trinity Transaction Advisory, LLC
TX
Premium Broker

Drew,
It looks like you are getting a bunch of BB's trying to sell you something. Several key questions to ask yourself: 1. are you going to actively operate or be absentee, in other words are you buying your self a job or purchasing as an investment. This will determine your ROI strategy and what multiple to pay; 2. What industry do you want to be in. Each industry mandates different multiples due to risk/return, ease of entry, industry attractiveness, etc. 3. Be truthful about your skill set, strengths and weaknesses; 4. If you are buying to operate, find something you can be passionate about; I've been a transaction advisor for a long time and I have found that inividuals who are not passionate about thier purchase, are often not as successful; 5. Determine your risk adversity and stage in life to determine the level of risk associated with desired industry; 6. Get sound assistance in drafting offers, due diligence and negotiation and structuring. The best deals often are the hardest to consummate. If it's easy to acquire, often there are reasons for that. You can email me or call me if you like for some free advice. I've bought and sold several companies and have been advising in the transaction areana for over 9 years. I've also been involved in Corporate mergers and acquisitions, served as senior management for several large mutli-nationals.

Mar 24, 2011
Jack Guttman
Guttman Realty Advisors
New York County, NY
Premium Broker

Drew
You need to be specific as to the industry and geography you are interested in. Please call and we can discuss your preferences. I can then recommend an appropriate business.
Brian Elkin
Guttman Realty Advisors
212-242-7800 X14

Mar 16, 2011
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Hello Drew, we are a nationwide Business VoIP Provider in the retail and wholesale business. Do to recent software developments, as of Jan 2011 we have been considering taken in an 100-250k investor. We have an established client base, debt free and may be interested in an investor to accelerate our wholesale growth. Our industry in predicted to lead the 2011-2020 decade in growth. Contact me directly at 877 786 4726 ext 150, Sincerely, Darren Fisch

Mar 16, 2011
Satish Patel
Sunbelt Business Advisors
Middlesex County, MA
Premium Broker

Hi Drew,
You might find what you are looking for in our database of more than 10k listings.
We are a leading brokerage firm in the New England region and can assist you in finding the right business.
Search through our listings at http://www.sunbeltne.com/buy-sell-business/business-for-sell/advanced-business-search.aspx or register with us at: http://www.sunbeltne.com/register-buyer.aspx for our business broker to assist you one-to-one.

Mark S., mark@sunbeltne.net

Mar 14, 2011
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Look at bluebusstudio.com--want to be a ceramic artist? Buy the studio. Email the shop if interested. Tim

Mar 14, 2011
Buy-a- Company

You could start by learning how to spell "business".

What are your areas of expertise? I see you posted this under restaurants...are you looking specifically for a restaurant?

Do you have internet, web page, ecommerce experience? Retail? Sales?

These are important questions, because they may limit or focus your search.

Mar 13, 2011
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Broker Consulting Services
Sr Broker
New York County, NY

I would suggest starting with a good, well trained, experianced broker. Click on my link and I will assist you

Mar 13, 2011
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MainStreet M&A
Nassau County, NY

You started in the right place, doing your research. Next you need a good business broker to help you narrow down the research and find the right fit for you, your skills and of course to maximize the amount of money you have to invest. As a Business Consultant and Business Broker in the NY tri-state area I can tell you that in this area, $250k will and should get you a business able to provide a cash flow of about 100k-150k . Now, once you have found the right place, if you then manage to get the seller to hold a note, you can either get a business which is valued higher than your 250K or keep some of your seed money for renovations and contingencies (you should have 10% of the cost of the business aside as working capital). Just two very important things: 1. remember that if you hate the type of work, the business will not succeed and 2. listen to the advice of the people who have been looking at and selling businesses for years: they know what they are talking about.

Mar 13, 2011
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Sharp Business Opportunities
San Diego County, CA

There is a lot information in blogs and books on how to start. There may even be a local workshop. I'm not sure where you are located but if you were in my area I would be happy to meet with you or you can email me and I will try to answer your questions. My email is on my website. I have information in my blog pages on my website that might be helpful.

Mar 13, 2011