Tuesday, June 27, 2017

Should I buy a 20 year old appliance repair business?

I own a two man appliance repair and used appliance sales business with my uncle. It's definitely a slow lane business. We've been at it for almost 5 years and have seen some success, but still, it pretty much just pays the bills (most of the time).

Recently I was approached by the owner of a local appliance repair/parts dealer here in town (small town, like 100k-200k population) who wants to retire and sell his business. He wants 200k for it. I gathered his last 3 years tax returns and had...

Should I buy a 20 year old appliance repair business?

from Should I buy a 20 year old appliance repair business?

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