FSED is a game of headwinds and tailwinds. Find a FSED operator that will give you reasonable buy in equity, Open Book, True ownership/voice, and history of navigating through the the downturn (1998-2022).
Find one that has a good operating history 5-10+ yrs, and ask them if they ever closed a site. If they did not, then a group you should consider. Good Groups are hard to get into unless you know someone. When they open a new spot, their current owners want spots.
Currently FSED has a nice tailwind, thus many are opening.
I'm ready to either scale back a lot of my main site (busy, stupid) or invest in a local FSED. I'm in TX. I feel like I'm about 15 years too late to get into this, but the company assures me it is going to be profitable in no time. It's a new site. Do any of you have any insights, warnings, or assurances? Thanks
If you want to DM me the name of the group, i will give you my honest opinion. But No group should tell you this. Just step back and think about this statement.
Avoid groups that base their success on Gray medicine (drug/etoh rehab, ketamine, Post partum depression, blah, blah), in bed with med mal/billboard lawyers, break the law. Not that they may not be successful at least in the short run or even the long run but you would be in bed with people who are a throw away from putting your license in jeopardy.
