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Is This Christmas Tree Business Worth $65K?

5 snips
Dec 13, 2024
Ever thought about buying a Christmas tree lot? Here's a deep dive into a seasonal business opportunity in Utah worth $65,000. The hosts discuss the charm and challenges of a six-week operation, weighing financials against location and staffing hurdles. They tackle the ongoing 'tree wars' between real and artificial options, revealing how consumer preferences have shifted. With humorous anecdotes from past ventures, it's clear that seasonal businesses offer both quirky fun and serious profit potential if navigated wisely.
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ADVICE

Buy vs. Build a Christmas Tree Business

  • Buy an existing Christmas tree business if it's cheap and has an established location.
  • Avoid buying if you must find a new location, as that's the hardest part.
INSIGHT

Pop-Up Business Model

  • Pop-up Halloween costume stores, similar to Christmas tree lots, often lack fixed locations.
  • This model relies on securing temporary retail space each year.
ANECDOTE

The Halloween Business Demise

  • Michael Gridley previously ran a pop-up Halloween costume business, scaling it to 12 stores.
  • Large retailers like Walmart and Target undermined independent stores with cheaper licensed costumes, eventually driving many out of business.
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