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I think that we need more input. O K she is a minority and is single.1 of 1 people found this helpful
Tell me more about the salon that is for sale. How long has it been in business??
Can you see copies of past year tax returns??
Why are they selling the salon??
Where is the salon NOW?? and what about the new plaza??
Do you know the selling price??, Do you have the FUNDS??,
Thanks for the information.
Most sales fall apart because of two things: 1) A disagreement on value and 2) A lack of quality information. If the seller is unable to provide the items mentioned in the post above along with any other information you request, move on. Secondly, you may want to speak with a valuation professional in your area to ensure your client is obtaining a fair price. Thirdly, it sounds as if your client may benefit from seller financing. I would suggest you inquire as to whether the seller will finance the sale of the business.1 of 1 people found this helpful
Thank you for the information.
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Client needs help in reviewing a business decision. She is minority and she is single mom with a 6yr daughter. There is a solon for sale and she wants to see if that will work out. The ideal location is to be at new plaza but we do not know where to find it. She needs help in terms of 1) what questions to ask when we first call up, 2) what else from there on....?