401 K Rollover to Start a Firehouse Subs Franchise

Posted by in Brian's Blog, Recent Closings

Where: Napierville, IL

Client had the desire to open a Firehouse Subs and build something for her future.  Problem was, she did not have the experience and collateral combination needed to get an unsecured business loan for the restaurant start-up(something I do a lot of for Firehouse Subs). But, she had a 401K with $300,000 in it which had done almost nothing for the prior 10 years and that is about what you need to open one of these from concept to opening day.  We rolled her over without tax penalties and she now has the money to open.  Soon she will have a Firehouse Subs open in the greater Chicago area.  As she said, “with my 401K in stocks, I was trusting heads of big corporations to make smart decisions and hopefully, over time, my patience would be rewarded.  But the last 10 years have shown me that they do not know what they are doing at most of these companies.  I feel safer controlling my own destiny which I can now do with my own restaurant.”  Do you have a dream?  Are you tired of Wall Street misbehaving and ruining your nest egg?  Maybe it is time to take control.  Call Brian Peart today and he can put you in touch with professional tax advisors that can make this a reality with NO tax penalty.  Call today at 866-355-1244.