Agreed. Numbers dint add up here and rent seems far too high.Spend the money and go see an accountant.
As mentioned above, some figures don't look right. You may need to substitute with market values for a few.
Also the NP was on a decline for the last 3 years, now as they want to sell they have done 100k 6 months to December 2014..
I do small business purchase/sale feasibility anaylysis every month.
Spend the money and have an accountant act on your behalf.
If the numbers don't stack they don't stack!
Even if it costs you $2k, a whole lot better than being stuck with a lease and a dog business for 1-2 years...
Lots of odd looking figures too, doesn't look like the full picture. There would have to be something pretty ourstanding/uunusual that isn't immediately obvious to justify this purchase.
Look at it another way, even if the business was free could you make it work with the rent as high as it is and wanting to make decent money?