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Updated over 1 year ago,
Liquor Store For Sale-
I've found a liquor store that I'm interested in attempting to buy.
Asking price is close to $400000 + inventory for business only and was told that its making close to $90000 sales Monthly .
I am a 1st time buyer and looking for advise on how should be the strategy on verifying the Monthly sales for the business
is $400k asking price for goodwill is worth for the numbers that they have mentioned ?
what other details I should considering in looking at it if the seller price is ok
and also need some advise on how should i verify the sales and expense report they give for due diligence verification , hoping these details would be correct and not bumped up prices .