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May 2010 - Posts

New Sports Bar Listing

I know all of you bar buyers have been waiting for something truly exceptional to come on the market. Just listed a full Liquor (4 COP SRX) sports bar on the busiest street in all of Tampa. This business is currently being run absentee but sales volume

I want to buy a business but I only have 10K?

All the time I get buyers who have limited amount of resources. The anwer is Yes! Business in this price range are typically out of business. That still is not a not a bad thing as often the equipment is included with the lease hold. Also this allows

Rule of Thumb for selling your business

The most basic rule of Thumb is the net income to sale price ration. Typically a business will sell from anywhere to 1-3X the actual owners benefit. Owners benefit is the amount of $ including all personal addbackscell phones, food, vehicles, gas, travel,