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  1. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    Keeping options open and still looking.
  2. Johnny boy

    Hunting Whales: Is there An Ethical Way To Do This?

    NOTABLE! HOT! MARKETING 
    lol it’s hilarious how some people don’t understand that the vast majority of the population is actually practically retarded. Emotional and social intelligence especially.
  3. Johnny boy

    The lifestyle, hobbies, and fun thread.

    HOT! CHAT 
    It looks like a dream because that’s what it feels like. Morning church, girlfriend bakes a pie for our Bible study group, head home and take a Sunday drive in the 280, sit at home and look out over the water. Life’s good gentlemen I wish good things to you and to all, even those who have...
  4. Johnny boy

    The lifestyle, hobbies, and fun thread.

    HOT! CHAT 
    The mortar was too big for the tubes so we had to find another way.
  5. Johnny boy

    Question about PayPal, Transferring Money and USA Bank Accounts...

    Yeah do you need help with getting a US bank account? Because then it’s a simple matter of depositing PayPal funds and then wire transferring to your foreign account. Speak to your local bank with the ability to accept wire transfers from US banks You will not have US tax problems since you...
  6. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    That’s probably a factor. I think they got publicized and the free attention got people coming in. Articles stopped and people stopped thinking about it. Those rage rooms where people break stuff or those axe throwing places are probably similar in my opinion. Local paper and social media...
  7. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    20 year olds to go get pictures for their Instagram or dating profiles and pay $25 a ticket. I’ll look at something else then. Maybe something more boring and stable.
  8. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    Good website and online presence but here is what they look like. Signed an NDA not really supposed to show the business itself and say what it is and that it’s for sale and all of the financials.
  9. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    Aren’t the profits usually like 15% of revenue? If it’s 1m of revenue you’d be getting 150k. And then you’re paying 2.5M for 150k of earnings. That would be around a 16.7X earnings multiple. 150k on 2.5M is a 6% return on cash
  10. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    What ebidta multiple are these insurance companies selling for? that’s up for investigation.
  11. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    Not a bad idea.
  12. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    Great reviews. Hundreds of great ones. Super high rating. About 5 hundred thousand dollars of my time and getting into something with 0 traction and 0 built up good will and presence. 0 reviews, 0 IP, 0 things built, 0 trained employees, 0 systems.
  13. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    Also curious to hear what kind of businesses you guys like and what’s best to look for. All I know is it should be pretty owner absentee, healthy margins, and not a restaurant
  14. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    Insane busy. Downtown massive metro area. Right by tourist spots. Big university in town but other side of the city It’s like a hundred feet from one of the most famous places in a huge city and no other businesses are like it in the area. Selling for “other opportunities”. I feel like...
  15. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    That’s all I needed to hear haha It’s got 105k in revenue from Q1 2024 so far, pacing 420 for the year. It made 500k in profit in 21 It made a few hundred thousand in profit in 22 and 23. It’s pacing 150-170k profit** (not revenue) this year on the low end.
  16. Johnny boy

    Purchasing a trendy B&M business...

    HOT! INVESTING 
    I am looking at a business for sale. It is in the entertainment space. A selfie museum. Metro area, downtown close to everything. Should make about 150-170k this year on the low end. 420k in revenue 250k in expenses The rent is 100k a year as part of those expenses. Right now it is...
  17. Johnny boy

    Solving Problems For Electrical Contractors

    HOT! IDEA 
    If you can get leads for half the price, you could simultaneously raise prices by 30%, doubling your profits, pay employees more, and pour more money into ads, etc. it makes a world of difference. Scenario 1 $1000 buys 20 leads and 5 customers Scenario 2: $1000 buys 40 leads, you raise prices...
  18. Johnny boy

    The lifestyle, hobbies, and fun thread.

    HOT! CHAT 
    Chicks dig John Mayer
  19. Johnny boy

    I have a damn great idea to MJ DeMarco

    IDEA MARKETING 
    The peasants would hate it because it doesn’t star their favorite heartthrob actor and there’s no explosions and they’d call it boring. That’s why they’re watching movies and not reading books. They are missing the necessary hardware to even see good information and opportunity, like trying to...
  20. Johnny boy

    HIV Cure: Any hope in the whole world? Does TFF have anything to share?

    HOT! HEALTH 
    Taking a lot of vitamin c, or fasting, or putting essential oils in your coffee or some shit is dumb. Maybe it helps, maybe it makes you feel better or lowers inflammation. But you’ll need a legit medical solution for something like this. It will likely be some sort of gene editing solution...
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