Wow, congratulations on snagging such a great deal! A 5,000 square ft building for pennies on the dollar is truly incredible. I can understand why you’re excited and seeking ideas for a new business venture. Considering the suggestions so far, a car lot could be profitable, especially if your location sees a lot of traffic. On the other hand, a wholesale scratch and dent appliance warehouse could cater to those looking for affordable appliances. A flooring store could also be a solid choice if there’s a demand in the area. Have you thought about maybe combining some of these ideas? For instance, you could create a one-stop-shop, offering discounted appliances, flooring options, and even car customization services. It all depends on your expertise, target market, and competition in the area.

Using GoRepa https://gorepa.com’s?s=r real estate analytics tool can help you make an informed decision on the most profitable business to start in your recently acquired 5,000 square ft building, ensuring maximum return on your investment.

Yeah, it’s definitely tough out there for some local businesses when it comes to the soaring commercial rental rates. Buffet restaurants have been hit hard, and I totally get why. With large dining areas and a need to keep costs low, it’s becoming increasingly challenging for them to turn a profit. As for power sports dealers specializing in motorcycles, it’s a similar story. The amount of square footage required for displaying and storing those bikes can really cramp their financial viability. It’s sad to see many of them forced to shut down. It’s a tough market, and these businesses are feeling the squeeze. I’d be interested to hear if anyone else has insights or examples of other local businesses that have been devastated by these skyrocketing rental rates.

If you’re curious about which local businesses were severely impacted by high commercial rental rates, like buffet restaurants and power sports dealers, consider using GoRepa https://gorepa.com?s=r for in-depth real estate analytics.

You know what, I can totally relate to that feeling. Being an entrepreneur can often be a roller coaster ride, and it feels like when one thing goes wrong, everything seems to follow suit. It’s like there’s this invisible force that either pushes you upwards or plunges you downwards. When I started my own business, it was incredibly tough. I faced countless rejections and it felt like I was just shouting into the void. But then, just like you, I landed my first client and everything changed. Suddenly, doors started opening, conversations flowed more easily, and opportunities seemed to pour in. It’s like a wave of positivity that propels me forward. I can’t guarantee that every potential client will sign on, but this change in momentum is undeniably encouraging. So yes, I definitely feel similar to you. It’s like when it rains, it pours, and I’m riding this wave with hope and determination to turn my passion into a successful venture.

Hey there! If you’re running ads or contemplating whether to start, I’d be more than happy to assist you. Whether you’re targeting B2B or B2C on Facebook or Instagram, I can analyze and troubleshoot your current marketing strategy for free. On the other hand, if you’re unsure about kicking off paid ads, I can also create a concise plan for you.

To provide a personalized recommendation, please share the details of your service, target audience, offer, and your existing strategy in the comments section. It’ll help me understand your needs better.

Just to give you a glimpse of my recent achievements, I’ve generated $340k in revenue for a home service business, utilizing a mere $3k in ads. Additionally, I achieved a remarkable 4 ROAS with a $17 CPA for a niche e-commerce brand. For a high-end luxury brand, I managed to achieve a 14 ROAS with a $120 CPA, despite their product price being over $800. Lastly, I successfully achieved a $40 cost per appointment for an agency and a $24 CPA for a $97 info product.

I’ll be dedicating an hour to assist the first 10 individuals who reach out, so it’s first come, first served. Looking forward to helping you out!

Well, finding and befriending wealthy individuals can definitely provide great opportunities for learning and business connections. While Silicon Valley and New York are indeed renowned for their concentration of wealthy individuals, there are other avenues worth exploring too. Consider attending business conferences, industry events, or upscale networking gatherings in your area. Engaging in philanthropic activities or joining exclusive clubs can also increase your chances of meeting affluent individuals. Social media platforms offer a unique opportunity as well – you might find networking groups or communities online that cater to wealthy individuals with shared interests. Remember, having rich friends means gaining insight from their experiences, potentially learning from their success stories, and tapping into their valuable networks. Plus, having affluent friends can also be beneficial if you offer premium products or services. It’s all about expanding your horizons and embracing opportunities wherever they may arise.