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Updated over 9 years ago,

Ronald Jones's profile image
Ronald Jones's profile image
Ronald Jones
  • Investor
  • from Birmingham, Alabama
  • Member since Feb 17, 2015
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User Stats

23
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2
Votes
Ronald Jones's profile image
Ronald Jones's profile image
Ronald Jones
  • Investor
  • from Birmingham, Alabama
  • Member since Feb 17, 2015
Connect
Ronald Jones
  • Investor
  • Birmingham, AL
2
Votes |
23
Posts
Commercial Real Estate Investing

What needs to be considered when contemplating buying a business?

Ronald Jones
  • Investor
  • Birmingham, AL
Posted

BP, this is not necessarily a REI question, but here it goes. What are some of the things that one should consider before deciding to buy a business? In particular, a friend was approached about buying an existing dry cleaning business. I have no idea which direction to point her in. Supposedly the operation grosses $500k/month. Any thoughts?

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