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Hi Guys, Thanks for your responses, I think I have come to a decision. And honestly, you helped me a lot with this. Some of those makes me laugh ?Shut up and take my money :)?. I have asked about the cash money, he said there is some cash made, and he cannot tell much about it. and with...

Thanks guys for your reply, Here is the outcome of my meeting with the owner. The owner is very bad with numbers, he was asking the wife for the values and wages, rent,. Everything. the place needs a bit of work, mainly cleaning / better service. The numbers are very bad and they change their...

Thanks Guys for all your responses! I appreciate all your feedback. I understand the rent is way too high, the only justification I have is that the size of the warehouse is big to accommodate the fitting. I have spoken to my accountant, and pass him all the information I got from the...

Update Thanks Guys for your answers, here is some information. - Owner?s new business is 700 KM away, and they are happy to sign any agreement that they won?t open a similar business. - The lease is 3*3*3 renewed 18 months ago. - Rent is 104K / Year. - Wages are currently 50K, 1 manager...

Hi SS Gurus, I am in negotiation to buy a business, I got the sales and P&L for the last 3 years. I will have a meeting with the business owner tomorrow to answer some of my open questions. The business is an indoor children playground. the owners bought a bigger one far away, and they...