Million Dollar Business Ideas Thread!

^ Auntie Annes Pretzels, Chick-Fil-A

those two franchises are always slammed in my area. I know the owners of them too and they do pretty well. I also know a guy who just copied Chipotle his business is Home - Hot Head Burritos . . . . do the same different name perhaps if you don't have a competitor for Chiptole in your area.
 


jonas33h said:
^ Auntie Annes Pretzels, Chick-Fil-A

those two franchises are always slammed in my area. I know the owners of them too and they do pretty well. I also know a guy who just copied Chipotle his business is Home - Hot Head Burritos . . . . do the same different name perhaps if you don't have a competitor for Chiptole in your area.
Click to expand...

yeah.. What the fuck are with those Auntie Annes Pretzels... Always have a long queue at malls and such.. and I am sure their margins are good too, look at their pricing...
 
blogspotter..

what country are you in? those CDs returns are insane. Whats the risk?
 
blogspotter said:
yeah.. What the fuck are with those Auntie Annes Pretzels... Always have a long queue at malls and such.. and I am sure their margins are good too, look at their pricing...
Click to expand...

yeah huge profit margins in food if you do it right.

Chick-fil-a billion dollar company

In and Out Billion dollar company

Taco Bell (avg per item price less than $2) 500 Million dollar company

I've been looking into starting my own fast food place. no franchise though I don't want to pay royalties or any other bullshit fees.
 
Why not start a wholesale company? Buy a bunch of sellable crap from China, etc. and then hire a bunch of guys on commision or hourly+commision to sell the stuff. Heck, you don't even need to buy the merchandise yourself; there are tons of worldwide marketing companys who'll let you buy into their company and will provide you with stock.

I know a few guys in that business and they rake it in -- kinda like a pyramid, since the guy on top always wins big, but the little guys get better-than-average pay. One guy I knows sells trinkets like gold watches, mp3 players, dufflebags, and plenty of other stuff at 400% markup and people always buy it because his guys bring it to them (on the street, in the mall, bar, etc.)

Everyone reading this has likely seen, and no-doubt hates these guys, but with a million bucks you could "buy" a highly profitable, proven area and make profits quickly.
 
fvaldes said:
blogspotter..

what country are you in? those CDs returns are insane. Whats the risk?
Click to expand...

India.
It is pretty much guaranteed..
Except for exchange rate risk, extremely low. But even the exchange rate is favorable at the moment. The INR is extremely weak against the dollar at the moment, so it has more potential upside than down. SO you may end up getting a much better return.

I doubt you will get 9% but, you are sure to get 7.5 to 8%. And foreign bank are giving it... Citi, StanC, HSBC, RBS

I am not too sure if private investors can buy it though, unless if you are a POI (Person of Indian origin or a Non Resident Indian), but I can inquire.
 
blogspotter said:
A place you would ever have dreamt of. India... Great place to do business if you are ethically flexible ;-)
But it is getting difficult though...
Click to expand...

Then you also got a pretty nice ride from exchange rates if you are comparing to US dollars. Indian Rupee up 38% versus USD in the past 5 years. That doesn't matter if you are investing in India, but if you are going to invest in the US then that's another nice boost.
 
blogspotter said:
yeah.. What the fuck are with those Auntie Annes Pretzels... Always have a long queue at malls and such.. and I am sure their margins are good too, look at their pricing...
Click to expand...

When I was a teenager I worked in a pretzel shop like Auntie Annes. We were located in the mall and stayed busy open to close. People fucking love soft pretzels smothered in cinnamon and butter. No idea why. I never really liked the pretzels myself to be honest, but there is definitely a huge market for food like that. People are shopping, get hungry, and then want a quick snack.
 
geomark said:
Then you also got a pretty nice ride from exchange rates if you are comparing to US dollars. Indian Rupee up 38% versus USD in the past 5 years. That doesn't matter if you are investing in India, but if you are going to invest in the US then that's another nice boost.
Click to expand...


Yeah.. and the exchange rate is very very favorable at the moment.. So if you count from now, expect similar or better upside in the next 5 years...
 
fvaldes said:
id appreciate it very much if you could find out. PM me. Thanks.
Click to expand...

Will do.. I will talk to my banker and let you know.. he deals with Non Resident Indians though, and I am sure foreign investments are handled by a different group, but I can ask around... I have some friends...

But if you are willing to go the FII (foreign institutional investors) route, it will be very easy for you. You need to register a company somewhere in Cayman islands, or Mauritius nearer to the Indian shores... Most of the FIIs are registered in Mauritius and you will also find lots of lawyers and agents specialized in India in Mauritius. All Foreign investments come via Mauritius.. And then you an simply invest in Fixed Mutual Funds... They give around 8%. Or even a balanced fund if you are more risk prone... My mutual fund portfolio have given me very very good returns as I always buy in dips... We have a couple of dip cycle every year.. My brothers account that I manage is doing even better..



IMHopeful said:
Why not start a wholesale company? Buy a bunch of sellable crap from China, etc. and then hire a bunch of guys on commision or hourly+commision to sell the stuff. Heck, you don't even need to buy the merchandise yourself; there are tons of worldwide marketing companys who'll let you buy into their company and will provide you with stock.

I know a few guys in that business and they rake it in -- kinda like a pyramid, since the guy on top always wins big, but the little guys get better-than-average pay. One guy I knows sells trinkets like gold watches, mp3 players, dufflebags, and plenty of other stuff at 400% markup and people always buy it because his guys bring it to them (on the street, in the mall, bar, etc.)

Everyone reading this has likely seen, and no-doubt hates these guys, but with a million bucks you could "buy" a highly profitable, proven area and make profits quickly.
Click to expand...

This is also a very good business I know.. Even in India.. . have to think more about it...
 
mgtarheels said:
No top tier incubation company will give any equity on ~$10k.
Click to expand...

crackp0t said:
He wasn't saying 100k / 10 startups. He was saying 1,000,000 / 10 startups.
Click to expand...

I'd hate to say either of you are wrong, but there are plenty of them that do actually.

the brandery in cinncy, ohio is a top 10 accelerator ( an incubator with a timeline ) and they routinely give out $20k upfront backed with a couple hundo K in services from other business's in the area for 6% of your company. These business sell their service at extreme discount to the incubator, so the couple hundo K is just retail and not actual paid amount. The 20K comes from the city in the form of a grant.

Their angel list is huge and most of the investors are not putting in much total each.

$10k can for sure get you into a startup, don't kid yourself bro. Please understand how these companies work a bit more before telling people they can not invest into a startup for $10K
 
blogspotter said:
I doubt you will get 9% but, you are sure to get 7.5 to 8%. And foreign bank are giving it... Citi, StanC, HSBC, RBS
Click to expand...

How's that good? Correct me if I'm wrong - but inflation there is 7.8%, with the decline in currency you're not making much in terms of real interest. Even if you are making slightly more than you would in other countries, it doesn't make sense when you consider the exchange rate risk.

geomark said:
Then you also got a pretty nice ride from exchange rates if you are comparing to US dollars. Indian Rupee up 38% versus USD in the past 5 years. That doesn't matter if you are investing in India, but if you are going to invest in the US then that's another nice boost.
Click to expand...

Isn't it down by that much?
 
  • Like
Reactions: miketpowell
eliquid said:
I'd hate to say either of you are wrong, but there are plenty of them that do actually.

the brandery in cinncy, ohio is a top 10 accelerator ( an incubator with a timeline ) and they routinely give out $20k upfront backed with a couple hundo K in services from other business's in the area for 6% of your company. These business sell their service at extreme discount to the incubator, so the couple hundo K is just retail and not actual paid amount. The 20K comes from the city in the form of a grant.

Their angel list is huge and most of the investors are not putting in much total each.

$10k can for sure get you into a startup, don't kid yourself bro. Please understand how these companies work a bit more before telling people they can not invest into a startup for $10K
Click to expand...

They've got something like that in Detroit called TechTown which is run by Wayne State University. I forget the equity stake they take but I think it's around 6% and it's the same type of deal - you get like $10k-$20k and office space, services etc.
 
I'm actually starting a Cell Phone Repair business and opening up shop in a few months. It's a franchise and start-up cost requirements are around $100k. Gross revenues per location range from $300k-400k.

There are other repair shops that only do iPhones and make almost $1400/day (revenue).
 
eliquid said:
I'd hate to say either of you are wrong, but there are plenty of them that do actually.

the brandery in cinncy, ohio is a top 10 accelerator ( an incubator with a timeline ) and they routinely give out $20k upfront backed with a couple hundo K in services from other business's in the area for 6% of your company. These business sell their service at extreme discount to the incubator, so the couple hundo K is just retail and not actual paid amount. The 20K comes from the city in the form of a grant.

Their angel list is huge and most of the investors are not putting in much total each.

$10k can for sure get you into a startup, don't kid yourself bro. Please understand how these companies work a bit more before telling people they can not invest into a startup for $10K
Click to expand...

They take the percentage because of the hand-holding, the connections they set you with, and the space provided, not so much because of the cash injection. OP wouldn't be able to provide an incubator landscape.

FWIW, I was part of a company that attended TechStars.
 
geomark said:
Oh crap, I was looking at the inverse chart, lol

So yeah, instead of a boost that really takes the edge off of any gains you would expatriate to the USD.
Click to expand...

That is right if you invested sometime back and took it out now..

But the current rate is favorable to a foreign investor. I don't see much further downslide, and it can only recover from here. The correct rate is between 45-50.. There has been a flight of currency due to a lot of reasons, but India is still is a strong economy, so they will comeback.. So if you invest now, and look at even a 3 year horizon, I see the INR back at 45-46 levels...



Mr. Websites said:
How's that good? Correct me if I'm wrong - but inflation there is 7.8%, with the decline in currency you're not making much in terms of real interest. Even if you are making slightly more than you would in other countries, it doesn't make sense when you consider the exchange rate risk.

Isn't it down by that much?
Click to expand...

The inflation will only affect you if you are going to spend the money in India.
You are looking at a historic low of the INR which is why you think it looks bad.. And like I said, it is most likely going to pick up soon..



Oh Fuck India....
Let's get back to regular programming....

More Ideas please..
 
I recommend investing in stocks market. One of the primary advantages of investing in stocks is the possibility of greater returns. As companies grow, the value of stocks also increases. If an investor picks the right companies to buy stocks from, the probability of profit is very high due to the tendency of the market to have an upward trend. Further, if the investor traded actively, he may profit more and in such a short period of time.
 
You must log in or register to reply here.
Top Bottom