Recent content by mjojom

  1. M

    Folding down, selling -what are our options?

    thank you all, for all your valid advice. We need to have a director's meeting and see where we are going. joe
  2. M

    Folding down, selling -what are our options?

    Hi Paul, thank you. Membership at the moment is about 360. To break even again we need 450, that's on old rent and without current debts. Growing our business with the debts we got will be very difficult, also as mentioned directors/owners cannot commit full-time anymore. As per the rent...
  3. M

    Folding down, selling -what are our options?

    Hi All, I am after a bit of advice. Three of us set up LTD and opened a membership gym about a year prior to the lockdown. We rented an empty warehouse and spent about 400k+ on building internal spaces, floors, gym kit, etc. We had a steady membership growth right up to lockdown and within...
  4. M

    find commercial property in london, how to?

    Hi Guys, after some thinking and partnering up I think I got my idea of investment. Me and my partners like to open a Gym in london. However, what we do struggle with is to find right property. We have seen some agents, we have done some web searching but so far we have been unlucky or in...
  5. M

    Taking naps at work

    animals and humans are designed to slow down in midday. Usually after lunch. your body temperature naturally changes which means your body clock preparing you for the sleep. when we are little, its normal to be napping at midday, when we`re older, its expected of us to work right through it. so...
  6. M

    Cost of building a website

    you should budget anywhere from 400 to 1500 quid. you get what u pay for it.
  7. M

    I want to invest in existing business, any tips?

    It does, and I already wrote that I would like existing business which does have employees and does generate money. Also I do not want to be in london, and I do not mind to relocate wherever my next thing would take me.
  8. M

    I want to invest in existing business, any tips?

    is this really work and is it real? Also 2-3 years seems to be minimum, so this could not be my daily job I guess unless its some sort of payday loans?
  9. M

    I want to invest in existing business, any tips?

    no not for all vehicles as I only own BMW`s myself, but I assure you I can do dealer level diagnostics and all that without the training. TO be honest, to buy autologic for rest of the makes its expensive but doable.
  10. M

    I want to invest in existing business, any tips?

    thats quite nice info. thank you for that. no offense taken. I would call myself more than car enthusiasts, I am able to fix my own car, including opening the engine up and do full diagnostic on dealership level. Ive been fixing my 2004 BMW and also recently I bought crashed BMW z4 as a...
  11. M

    I want to invest in existing business, any tips?

    ROI is a bit of an dilemma. With both businesses I have think off, and especially with windows cleaning books can be blowed up, so by solely checking the books i would have no idea. At the moment im looking through "rightbiz" and "windowcleaningroundfor" sale to shortlist. I have nothing solid...
  12. M

    I want to invest in existing business, any tips?

    1:this should be my bread and butter too so how does investing into something making my monthly wages? 2:yes, it could go terribly wrong but there is risk associated with purchases, isnt it? the way I see it, I should be able to sell the place if it does not work and at least get some money...
  13. M

    I want to invest in existing business, any tips?

    :) fair enough ;)
  14. M

    I want to invest in existing business, any tips?

    thank you for clarifying, 1: im not sure how much difference there is in between buying the existing business and investing into something. Idea was to get something what would be my, and so I can care for it and make it better, make it grow. 2: it is all capital, but garage should be...
  15. M

    I want to invest in existing business, any tips?

    Hi, any links with more info? thank you
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