I just wanted to hear people's thoughts on investing in managed businesses and opinions on the most viable options available. When I say managed business, I mean any sort of business that would still allow you to do a day job. Some examples: - Buying a business (e.g. CBD bar or restaurant) that is fully under management. You may provide some oversight, but ultimately you trust your management team and staff to run it for you. Interested to hear the business types people think lend themselves best to this category. - Automated car wash. You may need to hire one person to be on hand to answer customer queries or perhaps strike a deal with the service station to provide that (assuming that's where its based). - Vending business. Set up your machines in designated locations and either do the collection/restocking yourself or pay someone else to do it. - Import / eBay. Buy from China, sell on eBay. Bit crowded these days. So yeah ... let us know your thoughts. What are your preferred business types? Comments on barriers to entry? Fully managed vs part managed? Set up costs. Previous experience / anecdotes. Pros / Cons of investing in business vs other investments (RE, stocks, PMs, etc). Any and all information appreciated.