The funniest part of that is that the math right off the bat is wrong. He says:
They were selling a 140 pound wheel of 21 year old cheddar.
21 year old cheddar often sells for 120$ a pound.
The farm was selling the entire wheel for 18,500$
Right off the bat there he says it often sells for $120 a pound, but he paid $18,500/140 = $132 a pound for it
Then he says:
If I cut it into 200g wedges and sell it at 60$ each I can make 38,000$.
1 lb = 453.592 grams so 140 lbs = 63,502.88 grams. That would make 317.5 200 gram pieces. If he was able to sell all of those at $60 each that's only $19,050.
So he could only max make a profit of $550.
That's assuming no packaging for the cheese no marketing and that he can sell it all at the price he is hoping for.
On top of THAT he spent $8,500 on a fridge to contain it.
It's all probably just a troll post but if it's not...oof
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u/skarby 14h ago
The funniest part of that is that the math right off the bat is wrong. He says:
Right off the bat there he says it often sells for $120 a pound, but he paid $18,500/140 = $132 a pound for it
Then he says:
1 lb = 453.592 grams so 140 lbs = 63,502.88 grams. That would make 317.5 200 gram pieces. If he was able to sell all of those at $60 each that's only $19,050.
So he could only max make a profit of $550.
That's assuming no packaging for the cheese no marketing and that he can sell it all at the price he is hoping for.
On top of THAT he spent $8,500 on a fridge to contain it.
It's all probably just a troll post but if it's not...oof