Are turnkey operations very profitable at all?

By turnkey, I mean businesses where the business runs itself (pretty much). Places like:

-Video Game Arcades
-Self Car wash places
-Independent ATMs
-Vending Machines
-Launder mats.

Of course I don't think one could get rich off of them, but be profitable to live comfortably. Is this likely at all?

In the order that I think would have the best payoff:

-Landromats
- Arcades
- Self car wash

- Vending machines/ATMS not as viable.

If you buy the property and equipment for the operations, you will be paying it off with the money you bring in for a while. But after you have everything paid off, you will basically be making pure profit except for paying utilities, insurance, and fixing anything that breaks down.

As an avid gamer I think there is a definately a market for someone to start opening up arcades again, but it hasn't been done well for a while.

Yes its possible, but they don't operate themselves. First of all, you need the capital to invest in a venture large enough to provide a good income. Secondly, these businesses have to be serviced and maintained. Let's say you have vending machines in many favorable locations. You have to travel around to stocks them, you have to maintain inventory, you have to pay the rent on them, and keep records. If you hire someone to do this for you, you have to manage the labor, pay them, keep records, withhold taxes, and pay the IRS. You also have to maintain careful control because these businesses involve cash.

The point is, your return will be commensurate with the amount you invest and the amount of work you put into the venture. There is no easy street to wealth.

From everything I have heard and seen NO. It dose not run itself and it is not cheap. There are thousands of turnkey sites on the web. You have to stand out from the rest. You need $$$$ to get to the top of search engines, $$$$ to promote the site cosistantly. I have owned a couple in the past and had 1 for about 3 mo. In 3 mo had about 5 hits on my site. It is not easy if you can't promote it. Hope this helps!

BY turnkey in business i feel interesting bcoz we can move places to places n can gain some knowldge