|
Registered Abuser
Join Date: Jul 2007
Location: Southwest Montana
Posts: 2,738
|
Quote:
Originally Posted by kaisen
Most businesses sold today are financed through the seller. Can you give the seller a good chunk of down payment and set up a contract with a balloon in 2-5 years?
I would think a business like that would sell for 2x assets and a small amount of blue sky.
|
True most are seller financed 20 % down is what most Sellers expect expect. Have your CPA go over the numbers with you to find out if it will pay for it self and provide you a living. The futures bright for auto repair!
__________________
MT 930
1987 930 - Gone but not forgotten
A man with priorities so far out of whack doesn't deserve such a fine automobile.
I would rather wake up in the middle of nowhere than in any city on earth - Steve McQueen
американский
|