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The store is being sold and I will become a co owner. A co worker and myself bought in. The two guys who are buying the store already own 12 or so stores in France and they offered us to buy in as they like to function like that. They want to have partners who run the stores for them because they believe that stores are run better that way as partners will be more invested in them since they have something to gain or to lose. So we bought in for 25% or the store. It cost us a little bit and we have a huge loan (7 figures) to pay back to the bank over the next 8 years. On top of that we will have to pay the old store owner for the existent stock over the next 30 months in monthly rates. So I won't make any money as of yet unless things take off immediately which I doubt given the current situation. But I will make money if we exceed 3.2 million in sales per year. So I'm counting on Henrik to drop by the store once we can travel again and buy some comics and toys for a few hundred thousand.
The store is being sold and I will become a co owner. A co worker and myself bought in. The two guys who are buying the store already own 12 or so stores in France and they offered us to buy in as they like to function like that. They want to have partners who run the stores for them because they believe that stores are run better that way as partners will be more invested in them since they have something to gain or to lose. So we bought in for 25% or the store. It cost us a little bit and we have a huge loan (7 figures) to pay back to the bank over the next 8 years. On top of that we will have to pay the old store owner for the existent stock over the next 30 months in monthly rates. So I won't make any money as of yet unless things take off immediately which I doubt given the current situation. But I will make money if we exceed 3.2 million in sales per year. So I'm counting on Henrik to drop by the store once we can travel again and buy some comics and toys for a few hundred thousand.
The store is being sold and I will become a co owner. A co worker and myself bought in. The two guys who are buying the store already own 12 or so stores in France and they offered us to buy in as they like to function like that. They want to have partners who run the stores for them because they believe that stores are run better that way as partners will be more invested in them since they have something to gain or to lose. So we bought in for 25% or the store. It cost us a little bit and we have a huge loan (7 figures) to pay back to the bank over the next 8 years. On top of that we will have to pay the old store owner for the existent stock over the next 30 months in monthly rates. So I won't make any money as of yet unless things take off immediately which I doubt given the current situation. But I will make money if we exceed 3.2 million in sales per year. So I'm counting on Henrik to drop by the store once we can travel again and buy some comics and toys for a few hundred thousand.
Serious money! I knew they made for strong collectors market, but I had no idea it was worth so much. And that's just one shop..
The store is being sold and I will become a co owner. A co worker and myself bought in. The two guys who are buying the store already own 12 or so stores in France and they offered us to buy in as they like to function like that. They want to have partners who run the stores for them because they believe that stores are run better that way as partners will be more invested in them since they have something to gain or to lose. So we bought in for 25% or the store. It cost us a little bit and we have a huge loan (7 figures) to pay back to the bank over the next 8 years. On top of that we will have to pay the old store owner for the existent stock over the next 30 months in monthly rates. So I won't make any money as of yet unless things take off immediately which I doubt given the current situation. But I will make money if we exceed 3.2 million in sales per year. So I'm counting on Henrik to drop by the store once we can travel again and buy some comics and toys for a few hundred thousand.
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