Posted by JohnBoy on July 23, 2001 at 13:04:44:
Go to the commercial news group on this site and type
Business
SBA
into the search archives and you should get a lot of posts that will give you some ideas on buying a business.
Also type in:
Dry Cleaners
There has been several posts made on that topic pertaining to buying a business. Also search under laundromats.
Here’s a link that goes into financing that covers some business deals within the responses to the post at this link:
http://www.creonline.com/commercial-real-estate/wwwboard5/messages/529.html
After you get through with reading up on this stuff then come back and post your questions.
Make sure you post them on the commercial news group to get better answers.
This is news group II which you won’t find many experienced investors answering this type of question for you. Most of the stuff posted here is pertaining to other gurus as to whether the stuff they sell really works or not. Post your questions where the pros respond, which for businesses would be on the commercial news group.
Also make sure you use the archive search on the commercial news group’s board. Each board has it’s own seperate archives search function.