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I would look in to further. Lease fully paid for 5 years so based on £150k profit thats £750.k less £345 purchase price leaving £400K profit.

Does financing through Goverment development funds work to buy a business? Theres alot of those in my country

Very insightful! Very transparent explanation on who's buying businesses for

Am in uni and want to start a business after. How likely is it to start buying from the zero in my life.

Great video and what an awesome guy. He seems so genuine and down to earth.

Where did and how did you get the 7 percent?

No, not enough information

Pass. It’s a cash business. The government wants to replace cash with digital currency. Tye business could fall flat on its face

No. It’s a dirty business.

I would pass unless there were significant Add Backs.

No

Thanks for the amazing video Jay! I'm based in Thailand, would what you teach work for me here as well? I lost a lot of money on my first business and want to get better at this.

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Audio is not very clear,

If the property really is worth 3M, the business should close down and rent the property out to a different tenant. The incoming rent would be more than the brewery makes.

When will you be in Australia?

Value gained ❤

what if i want to sell a business?

Only as a bolt on to an existing business Love these, keep them coming

There r better business out there to acquire than this

No chance!

No, you have too few staff, what if they are retiring soon, who are you going to replace them with? what is your value add? Company may have saturated its local market, especially if they claim low maintenance/high end furniture. I see you managing, doing sales and trying to find products and what if you are in a Ulez zone -lower footfall.

Two persons to operate the business ? Isn't it a bit short when it comes to face problèmes ,illness or else ? No maybe , I would not buy this business.

Well it depends on a few factors, the growth rate , 3 -5 years accounts, liquidity of the business, cash flow , it might be a seasonal business , which will result in choppy turnover

Net profit 50k-100k (so 75k). My concern is that the owner may require to be involved in the business full time even if he's not receiving a salary on the books, if so, the new owner would effectively be buying a job which paid 75k and this is definitely not worth 500k.

Ecommerce furniture would be a no go for me - the cost of processing returns would be a nightmare! So many logistical challenges too in getting it delivered to people. Eeeek, no thanks!

I would only buy this business as an add on or part of a complimentary business. This in my opinion would be good for someone who is already looking at a furniture type of business or even a garden supply store. A landscaping company that also specializes in anything from construction of decks, outdoor fireplaces. It would be hard for me to justify purchasing as a standalone entity even initially.

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Is this course still available?

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It's a good time to remind people that Evian is naive spelled backwards!

Love this video, what a great buy. Need more of these examples.

What's industry is deal from?

Very interesting Jonathan!

Yea no deal for me too.

Down trend in marriages, more like a better business is Divorce Lawyers.

2:37. Hard hell no. The numbers don't justify. The math ain't mathing

Love differed considerations

I'd only buy it if the real estate alone was worth 3.5M. At 103,000 profit you'd be better off renting the building to someone else imho.

Correct 👍

Good looking and smart.:)

Who IS she?? 😍

Are there specialist banks that will lend you the money for an acquisition?

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marketing isnt organic, it is advertisement and cold outreach lol