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/biz/ - Business & Finance


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23959028 No.23959028 [Reply] [Original]

Is buying an established retail business a good idea

claims 45k cashflow with an absentee owner

If I worked there I could take a worker off the payroll.

~75k/year till I find something else to do, then hire some goof again

what do you think

>> No.23959089

>>23959028
interesting idea.. you'll be assuming the risks that the underlying business harbors of course.. maybe consider further the current owner's reasoning for exiting? want to do the work and it's nearly a sure bet? then im not you but view it comparatively to your other opportunities.. and whether its worth the cost of the opportunity

>> No.23959123

>>23959028
most small businesses claim that but really the owner is usually there most of the time.
What sort of business is it?

>> No.23959132

>>23959089
current owner has too much going on to bother with it. so she says.

>> No.23959145

>>23959123
Tobacco store. Downtown location.

Most of their revenue is Cigars and Accessories

>> No.23959146

>>23959028
The retard gov of WA just limited retail stores to 25% capacity because of chink-19.
You might wanna wait this out.

>> No.23959207
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23959207

>>23959145
oh yeah could be based. Scope it out for yourself. I was going to buy a similar advertised biz but turns out the absent owner was pumping coffees out of the machine eleven hours a day and had a few college kids waiting on tables.
Get Rudy to shill for you

>> No.23959238

>>23959146
Justin, pls go.

>> No.23959301
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23959301

The pressure in my pants exceeded a gigabyte so the forecast was wrong.

>> No.23959569

>>23959028
AYYYYYY DIOS MIOOO! braaaaapppp

>> No.23959650

>>23959028
No, or they wouldn't be selling.

xBTC....go look it up.

>> No.23959795

>>23959650
shes old as fuck and 45k is pretty useless for the shit she probably has to do

not saying you are wrong

but I'm saying its not that clear cut