Reply to thread

Message

<blockquote data-quote="dmac1" data-source="post: 1867922" data-attributes="member: 60252">You should wait a few years for all the legal issues to work themselves out, and see what actions various states take against the ISP model. You stand to lose your entire investment plus whatever value the vans have. I would never invest in a business that you know is undergoing such close scrutiny by all legal authorities, even if your state isn&#039;t directly involved.Those selling routes, or even those who own routes have a vested interest in talking down the negative and talking up the positive.&nbsp; Just think about the natural bias they have to protect their own. IN 4-5 years, if the model stamds on firm legal footing, you will know. At this point, unless you are getting a discount for the legal issues, paying as much for a Fedex ISP business doesn&#039;t make sense. If the price you are paying is based off comparable businesses with similar income potential but without legal questions surrounding it, then you are not getting the fair price.Maybe there are a lot of routes being sold for comparable prices, but there are a lot of naive people who see this as an easy business to understand and operate. If 1000 people across the country overpaid for a business frought with issues, it doesn&#039;t mean that you should pay the same price. It isn&#039;t like owning a home you overpaid for. At least you can live in a house if you can&#039;t sell it. But as I said, you may be paying for a &#039;business&#039; that has no value at all in a few years. If you can find a bank to loan you money, as they will on a legitimate business, let the bank take the risk.IN a few years, since value of a business is based on income&nbsp; compared to other businesses, you will still get the same value for your money without the legal questions if they are fully resolved.</blockquote>

[QUOTE="dmac1, post: 1867922, member: 60252"] You should wait a few years for all the legal issues to work themselves out, and see what actions various states take against the ISP model. You stand to lose your entire investment plus whatever value the vans have. I would never invest in a business that you know is undergoing such close scrutiny by all legal authorities, even if your state isn't directly involved. Those selling routes, or even those who own routes have a vested interest in talking down the negative and talking up the positive. Just think about the natural bias they have to protect their own. IN 4-5 years, if the model stamds on firm legal footing, you will know. At this point, unless you are getting a discount for the legal issues, paying as much for a Fedex ISP business doesn't make sense. If the price you are paying is based off comparable businesses with similar income potential but without legal questions surrounding it, then you are not getting the fair price. Maybe there are a lot of routes being sold for comparable prices, but there are a lot of naive people who see this as an easy business to understand and operate. If 1000 people across the country overpaid for a business frought with issues, it doesn't mean that you should pay the same price. It isn't like owning a home you overpaid for. At least you can live in a house if you can't sell it. But as I said, you may be paying for a 'business' that has no value at all in a few years. If you can find a bank to loan you money, as they will on a legitimate business, let the bank take the risk. IN a few years, since value of a business is based on income compared to other businesses, you will still get the same value for your money without the legal questions if they are fully resolved. [/QUOTE]

Verification