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Ask yourself,
"If I owned this business, would I be willing to hire myself to run and operate it?" |
If the answer is no, then you might want to consider something else. In many cases you will need to talk to the broker to see what business skills are required to replace the current owner before you can properly answer that question. This should help you focus your efforts on businesses that are both personally desirable and realistic.
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Famous Clothing Store in Santa Monica
Well known and successful trendy clothing store on Main St. in Santa Monica. Excellent location with a solid customer base and an industry expert willing to train the right buyer. Characteristics: - High foot traffic in hip tourist zone - Well...Asking Price:
$295,950
Gross Sales:
$292,327
Net Earnings:
$91,950