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Updated over 6 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Travis Quickel
  • York, PA
2
Votes |
19
Posts

Can I wholesale an entire business?

Travis Quickel
  • York, PA
Posted
I got a call from a direct mail campaign and the guy says he wants to sell his entire business of 37 employees and 4 restaurants, with the name and everything and pack and move to Florida. He said they gross about 1 million per year and would like 70% of that, about 700k, but is open to negotiating. He said his motivation level is on the rise too. How would I Go about wholesaling this?

Most Popular Reply

User Stats

577
Posts
240
Votes
Antoine Martel
  • Investor
  • Los Angeles, CA
240
Votes |
577
Posts
Antoine Martel
  • Investor
  • Los Angeles, CA
Replied
Originally posted by @Travis Quickel:
@Antoine Martel would you think I would need any special document or would just a mutual commission agreement work?

 Always use a document.

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