LOL. I asked for evidence, and you supplied it. "It doesn't seem right" is always a good reason to ask questions, but is a poor basis for argument.
As I stated, I had no information on one side or the other, and I saw one voice which should be knowledgeable (but has significant reason to fudge numbers) and another that seemed reasonable, but who contradicted the first voice based on what well could have been mere opinion. Far from oblivious, I simply follow my own train of thought in making judgments, FRiend.
Have a great day.
Sorry, I have no issues offering evidence to support my position, but I find it a bit disturbing that some folks are unable to see what seems to be blatantly obvious.
If you are a smart person with money, don’t have to be a millionaire, but just a smart person with it you always ask yourself whenever you invest a large amount of money (and large is always a relative term, for some folks a 5k investment might represent their life savings, for others its a party weekend in vegas), you have to assess the risk.
When you have access to 1MM or 2MM of cash, and someone says give me that cash for a return on 150k a year, your first reaction should be what is the risk, and is that an acceptable return? 1MM to 2MM is a sizeable sum of money, and even just put in a safe low risk investment of 5% is going to return you 50k to 100k a year without even trying to maximize your return..... With that much capital 10% safely isn’t a hard thing to find either. So to say, I can get you 7-15% return on your money as being an active owner in a restaurant franchise that’s not going to motivate someone with competence to make that deal, particularly when they know that can make almost as much or possibly more doing passive things that are far less risky.
The reward has to be worth the risk, and 1MM - 2MM to be an active investor in a restaurant for 150k return just isn’t going to do it. The risk is far too high for the potential reward.