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Updated almost 14 years ago on . Most recent reply

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Joel Owens's profile image
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Joel Owens
  • Real Estate Broker
  • Canton, GA
11,259
Votes |
15,176
Posts
Rehabbing & House Flipping

Flipping Businesses??

Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorPosted

Okay so I have been looking at businesses.Many are not distressed but from out of town owners who want to pursue other interests.

Sometimes it's people who thought a business would be turn key but didn't know any better.They buy a franchise new at 250k and will sell at 80k with owner finance in place.

My ownership restaurant background lets me take advantage of these situations.

Interested in knowing others thoughts.

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