LLCs in CA are hit with a franchise tax that does not apply to S-Corps.

I think it is a franchise and I would think for this reason everything would be drop shipped so it would take a bit to get there.

Do not own any property currently.I might be buying a franchise restaurant that cash flows 60,000 a year after expenses.I can pick up for about 65,000 with 30k down and 35k owner finance at 5% with a 2 year balloon.Buildouts when these were new are from 200,000 to 310,000.There is absolutely money to be made in the restaurant business.I have over 10 years in the business from managing to owning before getting into real estate.The key is to have a national franchise to have fixed contracts to have controlled food costs from suppliers regardless of food prices.

Eva is a nurse.At one time, my father and I owned two Century 21 Franchises in Southern California, along with two escrow companies and a construction company.Personally, Eva and I own three rental houses plus the house we live in.

I managed a janitorial franchise company (Environment Control) for someone else, and was the 3rd rated franchise in the country, out of 73.

We recently funded a Firehouse Subs and an ACE Hardware franchise deal and the key to getting this done is working with a lender that does not charge up front fees!

Not sure if its a distributor model, franchise model or what, but it looks like there are companies that cover various geographic regions.

You have to look at owning Mom and Pop versus a Franchise concept.Franchise will want certain liquidity demands to qualify.You also have to look at for the are the performance of the gas station and it's location.For instance is traffic starting to decline in that area which is an becoming an old part of town??

There are national franchise operations like HomeVestors of America (based in TX, but nationwide) that seem to be pretty large.

Foreign corps must also register the corp in Texas and pay franchise taxes here annually.