QUOTE(diane26 @ May 10 2006, 05:24 PM)
No a month, I told him it sounds to good to be true, but they keep punching the numbers and keep coming to that for his part, but the husband does not like HI and would not want to live there UNLESS he is making enough money to be worth it so he wouldnt move there unless the contracts were signed,
But I do know the business and in WA in the summer months when little rain he makes 10 g's a month just him no employees, well in HI they would run a shop and have 16 employees well if you don't know the business its harsd to explain but still 50 sounds a little to much but that is what they got on 25 cars a day which is the low end the high end was over 100 g's a month.
He is gonna research it more why he is there.
I've been on Oahu, Maui, and the big island. I can't say this enough:
1. It's jaw-droppingly beautiful there. ALMOST everyone who goes there does not want to come back.
2. It is EXTREMELY expensive to live there (usually the second highest CPI in the USA). I don't care HOW much your husband will make. Housing prices are crazy (because it's a tourist spot and real-estate speculation has driven up prices more than in the states), food prices are crazy, and the income you will be making is speculative, not guaranteed.
3. Would you be grossing $50K a month in sales or netting $50K a month in revenue? That is a huge distinction. Even if it's net income, Hawaii is a pretty liberal state. There will be higher costs to your husband and his partner for property insurance, unemployment insurance and health insurance (assuming you are offering it) for employees. In a sea climate any equipment will age faster and have to be amortized faster.
4. People tend to get island fever. The big island is the only big island, and it takes about 90 minutes to drive from one side to the other on a winding highway. After a while, living on a small space like that could get old.