In today’s version of “Would I Buy This Business?” we’re looking at an online jewelry store claiming 5 thousand dollars in average monthly profit. They’re asking $75,000 for it and saying their gross revenue is $300,000 which is okay. It’s about a 16% profit margin. Not terrible, not amazing. The big problem I see here…
This is another “Would I Buy This Business” review. Today’s subject is a ballroom dance studio in Florida. Would I buy it? No, because I don’t know anything about ballroom dance. That’s the challenge with these kinds of businesses. It’s a very specific person who’s going to know enough to run a business like this…
In this short series, I’m taking a look at businesses for sale. We help tons of our clients either buy businesses or sell their businesses, and for years I was a business broker. I always look at these as whether or not it’s something I would buy, would I be interested in it, would I…