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Hey everyone, feel free to poke around, I recomend reading "First and Foremost First" then reading what you want. Have fun, and POST COMMENTS!!

Thursday, October 2, 2008

TRANSPORT BUSINESS

"Transport business hauling new trailers from factory to dealers all you need is a 1 ton truck and CDL with doubles indorcments. Will give a list of vendors and contacts at factorys. Will sell for 75,000 average income of 2500.00 a week after overhead expences. Travel to most states, also have contact names for new accounts for fleetwood out of oregon,and trailswest in Idaho, also have broker contacts in kansas." (spelling errors were as is, he's a trucker for crying out loud! Give 'im some slack!)

Simple sounding business.... I don't know if the owner personally does all the driving or hires someone else to do it. Either way, sounds like a pretty sweet gig for a trucker. And if you are just the owner sounds even better. Average income of $2,500 a week comes out to $130,000/yr. That leaves the owner with a $55,000 first years profits. Not too shabby.

Motorcycle biz

Here is a business I found that is up for grabs! ZERO MONEY DOWN! Here's their ad, read it yourself...


Motorcycle service and rental center is available for immediate take-over. No money down. Assume existing debt. Customer base, inventory, tools and equipment is all in place.

It also gives off more contact info and company website, address, etc. I don't know what the overhead is or the debt. I don't even know how much rent is. But I do know that a friend of mine owned a scooter shop that was doing around $13-$17k per month before he sold it (those were bad numbers thus the sale). This place does scooters and bikes so I'd hope they are doing at least that.
So assume they are making oh, $4,000 month net profit. That is enough to get you out of your lame job and working for yourself doing something a bit more exciting with tons of room to grow. Granted you have to make sure the biz is doing at least that or it's not worth it!

Friday, September 26, 2008

Resume Website

This is a website aimed to posting resumes for the $100k+ salary range. The posted as was as follows:

Completely automated four year old business. 100kresumes.net KEYWORD SEARCH:
"100k resume, 100k resumes, 100k resume writing, 100k resume sample, 100k resume samples, 100k resume example, 100k resume examples, 100k resume template, 100k resume templates, 100k resume writing, 100k resume writing sample, 100k resume writing samples."
Great traffic and revenue with automated business that sells and delivers 24/7/365 No special skills or time needed. The overhead is only $13 a month. Automated cash machine provides $1100 a month for doing nothing. Confidential information and verification available to serious buyers.
Another ad for this same business read:
Completely automated business that is four years old. Sells 24/7/365. No inventory, shipping or customer service. 70% return. Overhead is only $14 a month and the business requires ZERO time or effort. Verifiable traffic and revenue.Top ranked on all three search engines
So, being intrigued I emailed him for more info. I was emailed this:
Let me give you the highlights of the business.
1. Established five years
2. Completely automated
3. Outstanding product
4. Great search engine market, one million searches a month for resume and cover letter keywords and phrases
5. Great search engine rank with Yahoo and MSN (huge traffic growth potential with Google)
6. Total monthly over head only $12
7. No customer service
8. Not a get rich quick scheme, just a solid performer
9. Gets 175 unique visitors a day with a huge upside with regard to growth via Google rankings and overall search volume
10. Zero cost of goods sold
11. Has averaged over $11,000 a year in net income
NICE. This is the kind of business I like to find. Only problem is the asking price. I find it pretty high. I don't really know how you should find the worth of an online business such as this. Can't say I don't blame him, I know if it were me I would be asking something around that as well, generally around 1-2 years worth of income is what I think a business is worth. The problem is that it doesn't make very much so that rule kinda goes out the window.
Other than the asking price, for someone who has $15k or so I feel is looking at a great investment so long as they can assure that the site will continue to make at least that much for a long time. It should do that if not more. An extra $1100 each month or more for doing NOTHING is very nice. If a college student were to invest his student loan in this one time fee, it would pay for his schooling instead of taking out triple that for school in smaller spread out payments. I just couldn't justify forking up $15k on a business that only makes $1k a month. Needs to do more than that for me. Unless of coarse $15k was nothing to me then I might be more interested.