View Single Post
Old 10-23-2009, 11:22 AM   #7
brk-lnt
Senior Member
 
brk-lnt's Avatar
 
Join Date: Aug 2007
Location: South Down Shores
Posts: 1,944
Thanks: 544
Thanked 570 Times in 335 Posts
Default

Quote:
Originally Posted by CGI3 View Post
If I was a betting man, I would guess the lease is running out real soon, and MVSB (bank owns the building) is not willing to extend. If thats the case, your buying a couple pizza ovens, a fryer, tables and chairs.
Would seem likely. Otherwise a business like that is usually sold on some multiple of projected sales, and if $50000 is a "multiple" of their business, well you wouldn't be buying anything but equipment and a sign.
__________________
[insert witty phrase here]
brk-lnt is offline   Reply With Quote