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Updated almost 17 years ago, 12/23/2007

User Stats

92
Posts
3
Votes
Andrew B.
  • Real Estate Investor
  • Calgary
3
Votes |
92
Posts

Owning a Storefront business?

Andrew B.
  • Real Estate Investor
  • Calgary
Posted

Guys I always wanted to buy my own little business

I've been looking on the MLS and such and most seem to cash flow alot , like you can get easily 40 percent gain on your money in the first year.. I also know you will need to work daily for a while until you are established enough to just let the biz run itself but In all honestly I think buying an established business from a person retiring or such is a good idea and VERY good cash flow?

Im thinking resturant, bar, clothing stores, etc etc..everything im considering at the moment...

What do you guys think, With some hard work and dedication is it really risky????

Thanks

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