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. . | Whats a better business to own a Nightclub or a ShoppingMall? i have around 300K to invest.? |
just want yur opinion and why u like yur choice. Thanks. |
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4XTrader
|
You can make a lot of money in equities and forex (heck, I trade derivatives and forex), but that may not be right for you. Trading is one of the toughest things you can do and has a learning curve that can be several years. Before you put your money in equities, derivatives or forex, you just find out if it's something that fits your temperment and needs etc.
Now, for which is better - a nightclub or a shopping mall? Depends. During economically good times, retail does very well as people are spending money. But, during economically tough times, entertainment does better as people do things to forget their worries for a while. Right now, the perception is that the U.S. is doing well, but the U.S. economy is in transition from good to not so good. You must do your due diligence and see where you'll do better relative to the prevailing trends and expectations for the U.S. economy. |
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sirtitan45
 |
A Rocky Mountain Chocolate Factory franchise. The key to one is the location. I used to work in a retail area that had luxury rentals built on top. People flooded this place like crack whores. I kid you not. The one I speak of is in Pier VIllage which is located in Long Branch, NJ.
I liked the company so much that I wanted to buy stock in it. But after research, owning the stock has too much risk. One thing I found out is not all stores share this success. I went to see RMCF's in other locations and they were a bust (i.e. ones at malls weren't too crowded). Another reason I didn't invest in the stock is that alot of the gross margins were not realized by the company, only by the franchisee. (i.e. they make candy apples on the premises and the only stipulation is they have to buy the caramel, other candies, and the apples from a list of prespecified suppliers, but it sells for $8 for the cheapest apple and $12 for the ones with other candies on it). The franchisee will realize most of the profit margin here and not the franchiser. Kids love the apples. Only adults buy the chocolates.
The things that stand out about the demographics of this location that made it so successful were the presense of annoying b*tchy yuppies. They love stupid stuff like that. There is a Pet Store next door with a "Happy Hour" for pets. Damn yuppies are all over that stuff. The place was is so popular that people skip dessert at the restaurants next door to eat chocolate there instead. The other thing about the town was that it was a dump full of run down houses, junkies, the boardwalk burned down, etc. The town in recent years has invested alot in alluring enterprising companies to fix the boardwalk, knock down houses and build condos and rentals. That factor I think contributes to part of the excessive demand at the store.
Hence, look for a resurging town with rich yuppies living all over. They sweated the goodies they sold so much that management of the nearby rentals buys up chocolate during the holidays to attach to thank you cards for the tenants. |
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barry_robbins_98
 |
I have heard that nightclubs and restaurants are just about the worst investment you can make. If you have 300k, why not just invest it in the stock market? You can put it in something with a good yield like Precision Drilling, PDS, and collect 13% annually for doing nothing. Actually, put aside 1/3 for something safe like bonds, or REITs. Put 1/3 in safe stocks (maybe an s&p 500 fund), and invest the remaining 1/3 in stocks that have some risk.
Learn what the best investors are buying and selling. Steal their good ideas. You can find this information at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors.
Hope this helps. |
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digdowndeepnseattle
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Honestly? Neither...but if I had to choose it would be in the Shopping Mall. Nightclubs are popular at the whims of the youth and they have no loyalties. Additionally, the headaches that they present outweigh the potential...As for Shopping Malls? Only good if the are in good location...but as with any rental, if you have good stable tenents then it's golden. |
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Franco
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A night club. They have smashing girls. |
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VP
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Neither Night Club nor Shopping Mall. I would place it in stock or forex trading like I'm doing now. No one business in the world can give such income like stock or currency trading.
Why don’t you start your own forex or shares trading? I could introduce you to one brokerage company in Austria that allows to trade from same account currency (forex), commodities, metals and cfd on shares; total 500 instruments available. If you open trading account under my referral I provide you for free with trading techniques that I successfully use for several years.
Currency (forex) trading is attractive because it is very high income and you could trade from any place in the world and at any time from Sunday night to Friday night.
Another way you could find trader who accepts private investments and invest with him/her.
Third way is managed accounts. Unfortunately it gives too small income because there is small leverage. But with 300K you may open your own trading account hire the trader who will create amazing income for both.
Well, it was just my opinion.
Good luck! |
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Mr. Know it all
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A nightclub could have major liability issues in the future as nightclub shootings are on the rise. $300k for a shopping mall? Must be a small strip mall, which will not likely be too profitable. I recommend a self-storage company. Just think about it. $50/mth. for a small unit times 20 units/building, times just a few buildings to start out. They will useally fill fairly fast and stay pretty full. Just don't fill your lot with a lot of units, Even a professional self-storage manager can not tell you how many small, med., or large units to build. Build a few buildings consisting of what you think is needed, and add more building as you determine what sizes your customers will likely need. Good luck! |
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Pat
 |
I would say a shopping mall would be great. We need more shopping malls.There would be less risk of bankruptcy. All the best with your investment. |
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Roy O
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A Crack House |
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