■ Sex shop for sale in the middle of nowhere ■ ? Any advice or thoughts from anyone ¿
 

The gross sales are supposedly $5000/wk and the margin is supposedly 250% (she told me "two and a half" so that's how I interpreted that for now)
That's actually believable for adult merchandise if you ask me .. Especially factoring in comp DVD sales which actually still sell for some reason here
So if the GOI is $250k that means I could likely keep as much as $150k before the taxes
It seems too good to be true if you ask me
Another thing is the property itself is included in the deal
And the best part is the building is half empty which is another possible stream of income
A sex shop is the last fkn thing I want to own, I think it's a less than solid business
But this is too juicy, this deal.. FFS
If there really are strong consistent sales and there is a debt free property and a store full of inventory I don't see how I can pass on this

Wait and see me buy it only to find out the county won't let me operate any longer or some shit, right? Something has to be wrong, here. I figured on him being in a rush to sell which would make something like that seem likely but he isn't AT ALL
What do you think about this deal
My plan is to acquire income producing real estate - especially commercial deals where I can force appreciation to happen (my day business is going to be reselling automobiles and telephones and etc)

This reminds me of a deal I missed several years ago when this guy sold his salvage yard. It was a huge property with TWO huge shops and a warehouse and heavy equipment everywhere and tools and TWO NICE HOUSES and nearly a thousand cars all for three fifty
So I know juicy deals happen out here but it seems like most are probably hiding something pretty horrific

i´d have thought it could do very well, especially as it´s like something special for couples, going out into the middle of no where, and secretive for the discerning gentleman!

those figures add up with out going into them too...

good luck :thumbsup

You're basing anything on an offhand comment which you, by your own admission, don't fully understand?

You also can visit, or have your attorney contact, the county. They will tell you exactly what the operation licenses entail, and whether they are transferable.

5K a week? In the middle of nowhere?
Ever thought of a money laundering scheme?
where the actual gross sales are closer to zero?

Why not park outside on a Friday night or whenever you think the busy hours would be. Watch how many people come out with bags full of stuff over 4 hours, do your own math... Don't forget the coffee

There is one in the next town over and it's constantly packed. Gay dudes go in and hook up in the video booths. So does it have video booths? because who the fuck is spending 5k in the middle of nowhere on dvds and sex toys? A lot of that shit people buy online.

Like someone said, go there and watch the place and see what kind of traffic it has coming in and out.

Also another thing you need to be aware of is that organized crime usually always has their hand in that type of biz. You will more than likely be paying off some mobsters to operate there.

You think like me. Good thinking.

Yeah I've discussed the ownership/county relationship with a similar owner before and it's not the most friendly but money is money to them you know?
My gut says the woman is being honest with me. I'm skeptical about the numbers. Obviously I am.

Yeah I just don't get that picture about this situation but I see what you're saying

You don't like me.. I get it :)

Banking deposit slips dont lie...

Unless they're home made I suppose

Just makes you wonder...why is she getting rid of something so profitable?

It's an older white guy who owns the place
I haven't had time to look into this more and I should probably stick to my plan but if the deal really is all of that I probably wouldn't have a choice

might be worth calling the police, explaining that you're considering buying the building (don't give further details) and ask if the current 'tenants' have caused them any problems.

Store comes complete with Stephen Baldwin in the parking lot taking note of customer's license plates?


https://nypost.com/2006/01/18/porn-a...near-his-home/

Quit while you're ahead ? ?

Easy life people with free money and ideologies.. what could possibly go wrong #NEOTENY

Oh wonderful it's YOU again

Just south of Gainesville FL is a strip club. about 15 min outside. Or used to be. Also the same building is a truck stop.

rather than most in adult on GFY :1orglaugh:)

Theres a difference between quitting when you're ahead vs just paying someone to manage/run the shop and collecting a side check. Most people aren't going to pass on a guaranteed 250k/Yr

Bricks and Mortar is very very different than the internet based sex business. Real rules and those rules can change quickly.