My favorite restaurant is going out of business and it got me thinking…. I went to college will 10,000 dudes who would LOVE to start a business but don’t know where to start. If they new they coild buy a business for $10k down they’d jump on the opportunity, especially if it’s profitable. The restaurant is a bagle shop that makes and sells it’s own bagles. It grosses around $300k / year and nets around $150k. The owner is closing it for good. It’s really sad. In a HEARTBEAT he would sell it for $0.00 down and monthly payments. The alternative is $0.00 profit and his business dies. I could offer him $100,000, $0.00 down, and $1,500 / month until $100k is paid off. The business can make $1,500 in A DAY. I’d then go post the exact same terms on facebook for $10k down. I’d pocket the $10k and pass off the agreement to an aspriing entrepreneur during my inspection period. This is a cutting edge business model that takes $0.00 to start and has the potential to make multi 6 figures per month if scaled. I do the same with houses. #fyp #business #makingmoney #entrepreneurship #sidehustleideas #richtok #sellerfinance #sales #creativefinance

Selling somebody else's failed business will consistently have you making $100,000 a month. If you go to loopnet.com, you're gonna find a ton of businesses for sale that nobody wants. It's not because they're not profitable, it's because the owner's asking too much money. Call up the owner on that website and you say, I wanna give you your asking price, but I have to do it on my terms. They'll be super intrigued and say, okay, what are your terms? Your terms should be, I just wanna make payments on your asking price. I don't wanna give you a down payment, I wanna give you a cut of the monthly profit that this business generates. Their business will live on, but they're gonna profit on it without having a role in the business, which is huge for them, because most of these people selling their businesses, it's not that they're not profitable, it's that they're too old and they're done managing them. You send them a purchase and sale agreement outlining the terms of your agreement. Maybe they're asking $50,000 for a car wash business. You're gonna do $50,000, $0 down, but $1,000 per month or something like that. But you're not going to buy and run this business. Most of you already swiped away because that's where you thought I was going. You just got an agreement to step into somebody else's shoes on a business that's already in place. You already got the employees, you already got the products, you already got the building, the rent, all of it. It's amazing. You can post this on Facebook business buying groups and say, look, business for sale, I'm gonna ask $10,000 down for the company. And with the employees already being in place, the product, the rent, all of it, somebody's gonna buy that business and run it. The trick here is structure a set of payments, pass off your payments to somebody else who's looking to start a business. And trust me, in this day and age, I could convince you to buy the right business. By the way, I don't do this. I do the same thing for houses. I find houses that don't sell and I offer sets of payments on them. And instead of buying those houses, I sell them to somebody else for a down payment. If you can understand that things don't sell because the financing in place is wrong, and then you can create the right set of financing and payments with the owner of the asset, whatever it may be, you're going to be rich.