Quote:
Originally Posted by thinkxingu
Agreed, but that is also more money. As much money as they invested, it seems like they missed some important aspects. Even if they have a dinghy, people still need to be out there...
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Yes they did miss quite a few very important aspects. 1) underpowering the vessel 2) getting patrons (boats captains) to and from their boats when the weather isn't idle to wade or swim or when the captain doesn't want to get wet before boarding 3) from a strict financial point of view, investing 600k in a bar/restaurant with an extremely short season.
I truly hope they succeed but as a CPA and one that invests commercially in businesses and real estate tis is a business I would never invest in myself nopr would I advise a client to invest.