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Idea for new business

Discussion in 'Business Forum' started by Colonel Klink, May 24, 2005.

  1. Give me some ideas for a business to start. I prefer a one person operation because of the business laws in CA but will consider anything. I am presently running a wholesale brake business and getting tired of lifting very heavy cases. Maybe an idea that will appeal to baby boomers. Something that will grow like crazy.

    Would also consider investing in someone else's idea. PM me if you don't want it public.

    Ideas?

    Also consider anything in my second home Reno, NV
     

  2. wannacmyglock

    wannacmyglock Mortgage Man!

    68
    0
    Oct 6, 2003
    North Central Florida
    what kind of stuff do you enjoy doing in your free time? What type of things are you good at? What types of industries drive your local economy? What type of supplies do these industries need? Which of these supplies do you have/ can you get access to?
     
  3. Good questions. I realize what I originally said is not easily understood so let me expand. I consider a one person operation something that runs without supervision. What I have thought of so far is laundramat and self serve car wash.

    If I can't do something like that I want something that the work is done by someone else that I pay. Like a McDonalds franchise. Hope this makes more sense.
     
  4. wannacmyglock

    wannacmyglock Mortgage Man!

    68
    0
    Oct 6, 2003
    North Central Florida
    instead of car washes and laundry mats, how about something a little more enjoyable, like a batting cage?
     
  5. Glkster19

    Glkster19

    519
    0
    May 12, 2001
    Lansing, MI
    Miniature Golf is something I always wanted to do. Appeals to all ages. Along with that, put in a driving range and maybe go-karts, arcade, etc. Something to keep people busy when they finish mini-golf. In the west, these are something that can be done year round.
     
  6. Str8shootr

    Str8shootr

    268
    0
    Dec 13, 2004
    Indianapolis
    From an investment standpoint, two of the most lucrative real estate investments are trailor parks (hard to get the zoning these days), and coin operated do it yourself car washes. Especially if you are willing to be hands on in the running of these operations.

    If you check with a local commercial real estate appraiser, you might find proof in what I am saying. If I did it, I would do my homework and build the least maintenance facility I could.
     
  7. DBradD

    DBradD

    2,848
    0
    Apr 24, 2005
    Kentucky
    Go buy Dan Miller's "48 Days to the Work You Love" and figure out what you should be doing.

    It's useless for anybody else to "recommend" a business for you without knowing you really well.

    DBD
     
  8. DBD Thanks I will check out the book. I've received two good ideas I have not thought of - minature golf and batting cage. I am still looking so keep the ideas comming.
     
  9. TenMil

    TenMil Cottonwood Tree

    366
    0
    Jan 23, 2002
    The American South
    It all depends on what you're good at, and if your skills service your market.
    Hell, I know of a few areas where a hot dog/sausage/soda stand could make someone $40K a year- not a bad gig for job requiring no skills and a Sub $10K investment, having no boss to deal with and working on the beach- but no one is getting off their asses to do it.
     
  10. Generalcarry

    Generalcarry NRA Member

    1,524
    14
    Apr 25, 2004
    Michigan
    I'm seeing storage facilities in buildings. They don't take much real estate and are temp. controlled. I'd probably advertise a discount to the local PD.
     
  11. ClydeG19

    ClydeG19

    5,267
    944
    Oct 5, 2001
    Arizona
    I second an idea for the soon to be retired. Anything in that field should do well for the next 30-40 years. Maybe a tour bus company? Are there some interesting things for vacationing retirees to see in Reno?
     
  12. Clyde
    Like thee way you think. Tour bus probably doesn't have my name on it and vacationing retirees are touring housed for sale. In 2000 we bought a 4br, 3ba, 3 car beautiful house for $215,000. The same house is now selling for $479,999. The retirees are driving up the home prices. Also probably not interested in being a RE agent unless I could come up with some edge.

    Where do you live (city not street)? I grew up in the Germantown section of Philadelphia and still watch what PA is doing. I'd love to have your shall issue permiting. My sister and her family still live back there.
     
  13. mhill

    mhill

    861
    0
    Dec 7, 2001
    St. Louis, MO
    Start a septic tank clean out business. Pretty simple business with good profit. Not a lot of competition as people aren't dieing to get into this business. Large upfront investment in a truck and equipment. You need to make a deal with someone for a place to dump. Send business to your cellphone and hire a couple of goons to drive the truck around.

    Seems like a dirty business but if you see the price they charge it's a very green business.

    mhill
     
  14. Glkster19

    Glkster19

    519
    0
    May 12, 2001
    Lansing, MI

    Check Ins prices before committing to that idea. I had a 14 seat bus for doing casino shuttles, bachelor parties, etc. and insurance was $12k/yr. A bigger touring bus will probably be more since rates are generally based on bus capacity and distance you're going.