Hi all.
So just now, I got a fantastic opportunity to buy a beauty clinic and incorporate it into what will become a chain of clinics.
Long story short, 2 doctors bought the clinic, one got sick and stopped working. The other didnt have time to work sufficient to make the place make a profit. He is also not an entrepreneur so even better.
They have just been open for a year and has had a turnover of 22k and a result of -25k. So a loss of 3k.
Normally as I understand, you value the cash...
Read more
So just now, I got a fantastic opportunity to buy a beauty clinic and incorporate it into what will become a chain of clinics.
Long story short, 2 doctors bought the clinic, one got sick and stopped working. The other didnt have time to work sufficient to make the place make a profit. He is also not an entrepreneur so even better.
They have just been open for a year and has had a turnover of 22k and a result of -25k. So a loss of 3k.
Normally as I understand, you value the cash...
Read more
from How to buy a business that is making a loss?
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