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    7 Replies Latest reply on Nov 15, 2011 10:32 PM by Bridge

    business acquisition

    facts11 Wayfarer

      I am the owner of an established company that has an opp to acquire a 3.5m/yr company.  The issue is that the current operators have run it poorly and only shown marginal profits and NO real estate is involved.  Beyond my own investment I still have a need for additional $$.  The purchase includes some assets but not enough to be covered by a collateralized loan.  Compared to the expense of a start up the investment in minimal and my co's operational model can make handsome profits with existing receipts.  Any direction beyond the typical personal property as collateral is appreciated.