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Question: Should I buy the store?
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Author Topic: Should I buy the store?  (Read 156 times)
wevie
phpBB Multi Store Owner
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« on: December 03, 2008, 03:36:34 PM »

I am here because you guys know lots of things about the video rental industry that I am sure I don't know.  I thought I would post a poll and see what you thought about it based on the info I have so far posted in the boards.  The store is making about $20,000 a year now, before income taxes.  This would not be enough for me to stay open forever but I could make it for a long while.  My wife has a good job and right now we live off my paycheck and bank most of hers.  If I could increase revenue by $15,000 then It would be good enough.  I feel like I have a pretty good plan to do so but who knows whether it will work or not.

Again, asking price is $17,500 and it is making $20,000 a year.  I am sure that I can get it cheaper than that but again, who knows intill I make an offer.

Thanks again for all the info and opinions you guys have provided so far.

Thanks,
"The Wanna Be"
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