Thursday, 4 April 2013

Wall Street Oasis - Investment Banking & Finance Community: Gas Station, Car Wash, Fast Food - Owning Unsexy Businesses

Wall Street Oasis - Investment Banking & Finance Community
The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.
Gas Station, Car Wash, Fast Food - Owning Unsexy Businesses
Apr 5th 2013, 02:32

gas station.png

Most entrepreneurs my age seem to be focused on creating the next amazing app or website, which frankly bores me because I'm not a tech geek.

Anyone else give much thought to acquiring an unsexy business like a gas station, car wash, fast food restaurant, etc., and then building out an entire network of them?

I feel like I hear about stories like this all the time. Joe Shmoe buys a gas station, then buys another a year later, then buys three more, and within a decade he owns an empire of 40 in five states.

Roll-up opportunities like this intrigue me, but how difficult are they to actually accomplish?

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