Business Idea- opinions appreciated

This is a terrible idea because anytime you concentrate wealth it gets attacked from all directions. The better solution is to distribute storage of such things. Or to build personal and private solutions for wealthy individuals.

But keep the ideas flowing. They are the blood that keeps you alive.

Nobody? Not even a "this is a stupid idea" comment?

Better to charter a state bank targeting
the gun and pot business.

Instead of Farmers and Ranchers State Bank
named something else.

Shocking how easy it is to start a state
chartered bank in most states.

You are talking about walk in vaults.
You need air circulation systems, humidity control,
and UPS power that is in the vicinity and hardened
against a variety of foreseeable mishaps.

Cost vs income is good long term, location is first
priority like anything. High end vault services require
24/7 attendants who are bonded, discrete and armed.

Sealed PVC tubes and post hole diggers and GPS unit
recording locations.

It's basically, in my opinion, the loop hole of all loop holes. Storage facilities aren't regulated and as long as we "supervise" to make sure people aren't dropping off dead bodies or little kids, kilos of coke, then it could be essentially an unregulated bank by another name and a bit of a different cover.

Your best advise is to talk to the people who are having trouble putting their money in the bank. They just might go for it, some people do not want a lot of money in their house or home. People find out and you could wind up dead.

It makes sense to me, if it is not against the law and with that money you might be able to get some advise from someone about making a little money pooled together and help other who have nowhere else to turn, but can pay you back but with less interest that a bank would charge.

Not all your money but some pooled money, with legal papers.
There are many ways to see a need and provide what is need and I am not talking about buying more mary jane. Make it clean then back to the bank if you want, too. Private loans with collateral backing, even if you let them work some of it off. Times a rough for people even with good credit. No loan sharks.!

I had an idea, which I think could be good, but I am kind of a dreamer so some realistic opinions would be appreciated.

In Washington state they legalized pot, but the banks don't want the money. The government is also trying to make off shore banking a big no-no. And lastly we have guns and ammo sellers, and the banks are making things difficult for them plus the feds want all of their computerized records. I think that all of these "regulations" and policing and just going to get worse.

So, I was thinking, why not build a super high security storage facility. A place with storage units that have safes built into the concrete. People could keep money there, customer records on paper, or anything else that isn't illegal but may be frowned upon. What do you guys think???

Just start up a small business and work the damn flea markets.

Hello OP, We have several similar-type businesses in Las Vegas, one is called 24/7 Private Vaults. I also came across RoboVaults in Florida searching for the name of the local company. You may want to look into these names. The local company (24/7) was robbed a few years ago however, that article came across in the google search.

Hi Spazz. I will look. I 'm looking forward to doing some research and seeing what I can find out. Hopefully, some people would have an interest in something like this. A business such as this, I think if you planned it right, would be tough to rob too.

Ok, way cool. Now, I am getting excited again. Yay, thanks ladulce

I actually just ran across the Vice episode today while cleaning out the DVR. The episode is called 'Rocky Mountain High'.

They take their cash and go to those check cashing places and buy as many money orders as they can.

Since there is a DAILY limit as to how many money orders a person can buy, it is not uncommon for them to go to multiple check-cashing stores, gas stations, liquor stores or grocery stores to buy those money orders.

Then, they take those money orders and deposit them into bank accounts at a legitimate bank and, just like that, they have clean and legal money.