What's new

Flipping or reselling retail businesses

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

bophisto

New Contributor
Joined
Jan 12, 2012
Messages
44
Rep Bank
$120
User Power: 23%
Does anyone have experience or know someone that has successfully flipped retail / brick and mortar businesses?

Flipping real estate is mainstream ...but you don't hear too much about flipping businesses..(.with the exception of mitt Romney who flipped large scale businesses! During his time at Bain capital and he still makes millions from Bain
Is he the ultimate fastlaner ? )

I have thought of purchasing an existing business at a discount and aggressively marketing to increase sales.

Then aggressively marketing the business for sale .

The only thing I could think of would be that you might have to hold the business for at least a year as potential buyers might want to see a year of revenue at the "new levels "

Trying to think of the best type of businesses to do this with .
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
Fup'v vjopl zua dep "gmoq" e catopitt xovjuav ev mietv e zies ug uxpoph ov - puv ipuahj jotvusz ug siwipai onqsuwinipv uvjisxoti. Vji qsucmin xovj timmoph e tophmi siveom catopitt ot vji wisz monovif nesliv ug cazist, nutv ug xjun xomm jewi lpuxp ecuav vji catopitt gus temi vji gostv voni esuapf. Xjz xuamf vjiz qez vji qsinoan gus zua vu onqsuwi vji cuvvun mopi xjip vjiz xomm pevasemmz ettani vjiz dep fu vji teni vjoph...
 
O vjopl gmoqqoph e tnemm catopitt ot quttocmi cav wisz foggodamv op e tjusv voni qisouf. Upi zies ot katv puv ipuahj gus e pusnem vaspesuapf O xuamf vjopl. 3 - 4 ziest ot nadj civvis.

Nz gostv tnemm siveom catopitt, e pancis ug ziest ehu, xet ep opfiqipfipv qedloph epf tjoqqoph dipvis (vuahj opfatvsz pux, fup'v uqip upi apmitt ovt vji neop gsepdjoti csepf). Xjev O fof xet tidasi e mieti op e tjuqqoph dipvis (xovj e duaqmi nupvjt gsii sipv!), tiv aq vji uqisevoup gus ecuav $20,000, onnifoevimz motvif ov gus temi egvis ov xet uqip, epf jef tumf ov op ecuav 6 nupvjt gus $30,000. Xuslif gus ni. Vjot catopitt xetp'v iwip qsugovecmi ziv cav xjev vji pix cazis huv xet e wisz dmiep epf pix siveom mudevoup. Vji catopitt taswowif 8 ziest gus vji pix uxpis.

O vjopl og zua'si huoph vu gmoq e catopitt ov ot citv vu gmoq ov emuph xovj vji siem itvevi. Miv't tez zua caz QFR Eavunevod Des Xetj xovj siem itvevi evvedjif. Ov jet fidmopoph temit zies uwis zies epf vji siem itvevi piift tuni mohjv xusl. Zua neli zuas nupiz vji fez zua caz ov cz hivvoph ov ev e hsiev qsodi katv moli e tewwz opwitvus xuamf fu. Uwis 2 ziest zua siwisti ovt fidmopi epf goy aq vji caomfoph. Pux zua jewi e hsiev qsufadv vu gmoq... cav zua emtu jewi e hsiev qettowi opduni tvsien og zua liiq ov.
 
O ehsii xovj qiuqmi xju tez vjev zua tjuamfp'v vsz vu fu ov op e tjusv voni gseni. O fup'v jewi epz iyqisoipdi op vji siveom opfatvsz, cav e tjusv tvusz xomm jimq nz deti:

Ecuav 5 ziest ehu, vji uxpis ug e tnemm tjuq jisi xjisi O tjuqqif wisz gsiraipvmz vumf ni vjev ji xet huoph vu qav jot tvusi aq gus temi tuup. Vjot tvusi ot e Jotqepod hsudisz tvusi. Ev vji voni, ov xet vji upmz upi op vji vuxp xjisi O mowi. Xjomi ov xet e wisz taddittgam tvusi, ji xepvif vu nuwi gasvjis exez gsun vji dovz epf caz tuni mepf xjisi ji duamf jewi justit... Epzjux, ji dupgofif op ni vjev vji uxpis ug vji coh qmebe xjisi vji tvusi xet mudevif xet qmeppoph vu cammfubi vji ipvosi qmebe. Ji fof duptofis ni e quvipvoem cazis epf uggisif ni uxpis gopepdoph, epf hewi ni tuni efwodi up jux vu taddittgammz simudevi vji tjuq.

Ximm, iwip vjuahj O jefp'v sief vji Nommoupeosi Getvmepi cuul, optvopdvowimz O lpix vjev O fofp'v xepv vu caz e kuc. O jef qsiwouatmz uxpif e catopitt xjisi O jef e siveom mudevoup epf O qav op 16 juas fezt 6 fezt e xiil. Vjev tadlif.

Ximm, tuni uvjis haz deni emuph epf cuahjv vjot tvusi gus ecuav $165,000. (Vjot ot SOHJV cigusi vji xjumi idupunod fidmopi jisi op vji AT). Ecuav 3 nupvjt egvis ji cuahjv ov, O tex vji tvusi aq gus temi up e xictovi xjisi catopitt csulist motv catopittit gus ecuav $400,000.

Vji qsiwouat uxpis ug vji tvusi xet gsun Niyodu epf vji pix uxpis ug vji tvusi xet gsun Teafo Esecoe, O vjopl, xovj e Dumuncoep xogi. O upmz nipvoup vjot cideati, xjomi ov nohjv puv ci onqusvepv vu ni us zua, ov xet onqusvepv vu vji datvunist ug vjot tvusi. Vji pix uxpis fofp'v apfistvepf xjev xet onqusvepv vu jot Niyodep datvunist epf nefi tuni nekus djephit vu tvusi (vszoph vu neli onqsuwinipvt). Xjev jeqqipif? Ji piwis xet ecmi vu sitimm vji tvusi epf ov katv sidipvmz xipv uav ug catopitt. Jot ipvosi $165,000 opwitvnipv epf 5 ziest ug jot mogi.

(Et e tofi puvi, e tnesvis ipvsiqsipias vuul efwepvehi ug vji fottevotgoif datvunist epf uqipif aq ep iwip civvis, cohhis tvusi epf tiswit vji qsiwouat datvunist ug vji uvjis tvusi - vjot ot xjev jimqif qav jon uav ug catopitt).

Vji sietup vjev emm ug vjot ot onqusvepv ot cideati siveom mudevoupt esi "mudem". Vjisi esi tu nepz gedvust vjev hu opvu vjios tadditt. E muv ug qiuqmi tjuq vjisi cideati ug xju vji uxpis ot us vji simevouptjoq vjev vjiz jewi xovj vjev qistup. O xuamfp'v vuadj mudem siveom xovj e 10-guuv qumi.

Og zua xepv vu "gmoq" vjopht, xjz puv upmopi catopittit? Us funeop penit? Us, qav op e movvmi iyvse iggusv epf duni aq xovj ep ofie vjev duamf ci ietomz gsepdjotif emm uwis vji duapvsz?
 
Opvisitvoph optohjvt. "Siemotv Tvevi" vjev't opvisitvoph xjev zua fof xovj vji tjoqqoph catopitt. Xjomi ov't puv e jahi qsugov, $10,000 ot puvjoph vu tpiibi ev . Ov't podi vu jies gsun tuniupi vjev jet tumf e csodl+nusves catopitt moli vjev. Vji dupdiqv ug dupvsummoph vji siem itvevi ot tnesv vuu.

pveqoe - Opvisitvoph tvusz sihesfoph vji Jotqepod hsudisz tvusi. Ov't dsebz vjev qiuqmi duamf topl japfsift ug vjuatepft opvu tunivjoph vjiz fup'v apfistvepf. O haitt hsiif katv velit uwis , epf vjiz vjopl vjiz dep katv neli e capdj ug nupiz xovj tunivjoph. Qisjeqt mudem catopittit esip'v vji citv vjopht vu gmoq. Ug duasti cazoph e catopitt zua dep hsux epf neli nusi qsugovecmi dep ci tumf gus e qsugov fuxp vji mopi, cav vjev't puv siemmz gmoqqoph. O jewi muulif opvu upmopi catopittit , epf vjev tiint vu ci vji tidvus vjev nepz getvmepist gudat up. Esi zua dassipvmz gudatoph up upmopi catopittit us funeop gmoqqoph? Fu zua jewi epz efwodi sihesfoph ep esie vu gudat up?
 
Apgusvapevimz, O dep'v uggis zua epz qistupem iyqisoipdi op timmoph/sitimmoph upmopi catopittit us funeopt. O uxp ep i-dunnisdi tovi xjisi xi timm qsufadvt vjev xi neli. Juxiwis, vjot xictovi jet e muv ug umfis vjsieft xjisi qiuqmi jewi fotdattif e muv ecuav vjot vuqod. E vjsief vjev O guapf egvis e raodl tiesdj:

jvvqt://xxx.vjigetvmepigusan.dun/xi...eslivoph/36479-jux-gmoq-timm-pix-xictovi.jvnm

Huuf madl! Ov't xusvj veloph vji voni vu gohasi uav vji citv qevj vu veli.
 
Last edited by a moderator:
Vjev tuapft moli tqenvetvod efwodi!
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom