Buying a pizza shop, good idea? Money potential? Is my plan any good?

Answers:1   |   LastUpdateAt:2012-10-24 07:12:02  

Question
Samatha Priest
Asked at
I have 22 years . I saved almost $ 40K . I have a degree in two years that I will get where I want to be. I can go to school , but I hate the school and see no purpose in just getting a better career . I've had my own online business in the past two years and the average income was $ 30K a year , but the economy has killed my business literally . MedlinePlus Would I be able to get a loan , even at my age and to buy an established business and run it ? Of course I do more research on any industry , and I have my comb cpa in the financial statements of the company . MedlinePlus MedlinePlus MedlinePlus I just want to know simply , of all present experience , if I would be able to shop around for say two months , finding the best deal , use only $ 20K ( loan more money ) and buy a business ? And I'll be able to make at least $ 30K annual net this business ? How about $ 50 thousand a year ? Would it be a matter of 60 hours per week or more ? It would be quite reasonable to sell it and buy a bigger one and follow up? Or buy several businesses , perhaps putting a manager in the position to do more work , but I pay less than what I could have time to open new business? MedlinePlus MedlinePlus Thank you so much!
Answer1RoshAnswered at 2012-10-24 07:11:49
Congratulations to you for having the drive and take the initiative to open their own business . It will not be easy , and you will face many challenges , but if you keep your head on your shoulders I'm sure it will be fine . MedlinePlus MedlinePlus As for the details , just make sure you have a license to serve alcohol ( beer, at least ) . This will make most of their profits .
Related Questions
1
  • Answer This Question:Buying a pizza shop, good idea? Money potential? Is my plan any good?