This "Coli" thread proves why capatilism will never work.

Maschine_Man

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I'm not genius either. I have plenty of experience with real estate and I've made decent money from it. I'll even admit that I'm not very disciplined with money. . . That said. . . It's STILL smarter to attempt to do your best with the 2 mil upfront.

It's so much smarter. You could franchise a fast food chain with 1 mil and STILL make more off of that than 16k a month. . . AND STILL have a 1 mil.

This isn't that hard a choice.
you can open a franchise with 16K a month too.
 

Meta Reign

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you can open a franchise with 16K a month too.
I'm talking popular big chain fast food franchise. If I remember properly McDonalds requires you to have atleast 1 mil in liquid cash before you apply. . . I'm not sure. I don't know what franchise allows you to do the same with $16k. . . Must be lame.
 

Maschine_Man

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I'm talking popular big chain fast food franchise. If I remember properly McDonalds requires you to have atleast 1 mil in liquid cash before you apply. . . I'm not sure. I don't know what franchise allows you to do the same with $16k. . . Must be lame.
bwahahaha,
stop it.
3-4 months you could have 50K+ put down, then get the rest from a bank.


not just that...

How do I become a subway franchisee? Subway Development

  • How much is the SUBWAY® Franchise Fee?
    The initial franchise fee is $15,000. If qualified to purchase additional locations, the franchise fee is $7,500.

Pretty Lame huh.....:sas2:



  • What are SUBWAY® restaurants Capital Requirements?
    The total investment can range from $114,800 to $258,300 for traditional locations and $84,300 to $200,100 for non-traditional locations. This includes your franchise fee, construction and equipment costs as well as operating capital. Figures do not include extensive exterior renovations. These amounts represent the net investment required if you are eligible for the company's equipment leasing program. If you do not select the equipment leasing program or it is not available, you should substitute the costs for Equipment Lease Security Deposit with $49,500 to $72,000. We suggest that franchisees have half of the amount in cash and finance the other half. We prefer that a franchisee does not carry a large debt service.

so you'd have to save 4-5 months to get enough to open up one subway restaurant.
 

Meta Reign

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bwahahaha,
stop it.
3-4 months you could have 50K+ put down, then get the rest from a bank.


not just that...

How do I become a subway franchisee? Subway Development

  • How much is the SUBWAY® Franchise Fee?
    The initial franchise fee is $15,000. If qualified to purchase additional locations, the franchise fee is $7,500.

Pretty Lame huh.....:sas2:



  • What are SUBWAY® restaurants Capital Requirements?
    The total investment can range from $114,800 to $258,300 for traditional locations and $84,300 to $200,100 for non-traditional locations. This includes your franchise fee, construction and equipment costs as well as operating capital. Figures do not include extensive exterior renovations. These amounts represent the net investment required if you are eligible for the company's equipment leasing program. If you do not select the equipment leasing program or it is not available, you should substitute the costs for Equipment Lease Security Deposit with $49,500 to $72,000. We suggest that franchisees have half of the amount in cash and finance the other half. We prefer that a franchisee does not carry a large debt service.

so you'd have to save 4-5 months to get enough to open up one subway restaurant.

So let me get this straight. . . You'll have the discipline to save up for a Subway. . . But not the discipline to manage your 2 mil properly?:jbhmm:

If you can save the money to pull this off, then you have the ability to treat your 2 mil wisely. . . This is the same discipline.
 

acri1

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So let me get this straight. . . You'll have the discipline to save up for a Subway. . . But not the discipline to manage your 2 mil properly?:jbhmm:

If you can save the money to pull this off, then you have the ability to treat your 2 mil wisely. . . This is the same discipline.

Problem is, you can be disciplined and do everything right and still take an L anyway because of bad luck. The Subway (or whatever other business you start) might end up going under no matter what you do...most businesses fail eventually.

Having the steady 4k a week is pretty much the financial version of having unlimited extra lives in case you fukk up.


But then again maybe I'm just risk averse. :ehh:
 

Maschine_Man

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So let me get this straight. . . You'll have the discipline to save up for a Subway. . . But not the discipline to manage your 2 mil properly?:jbhmm:

If you can save the money to pull this off, then you have the ability to treat your 2 mil wisely. . . This is the same discipline.
not hard to save for a few months.

not hard to save for a down payment.

and on top of that, when you are guaranteed 16K/month, you got time to do what you want, no time constraints to make money.
 

PewPew

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Great thread, i love when the coli gets together and talks that real money shyt. Building WEALTH shyt. Wish there was more of it.
 

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$2,000,000 at .08 market rate for a very generous 60 years (assuming the average coli poster is 20, and somehow they all will make it to 80, which is very unlikely) leads to a $202 million dollar future value.

That's a straight meaningless calculation. It rests 100% on the assumption that they never touch any of the money, that they get a great interest rate with no risk that they lose the money, that none of it is taxed, that there's no financial collapse, and they give a shyt how much money they have when they 80 years old.


People like try to toss out literally everything we know about human behavior and real-world uncertainty and pretend everything some sort of board game. Truth is, the vast majority of the time money that comes in easy also goes out easy. There's a reason why lotto winners, athletes, and media stars always going broke. Not to mention that the vast majority of new businesses fail. Not to mention that we're sitting on multiple bubbles right now with a great deal of uncertainty regarding how the current system will maintain going forward, with everything from climate change to trade-busting nationalism in the air. No doubt at all that you've never moved $2 million in your life, otherwise you wouldn't be shyt-posting here on the Coli anyway.
 
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