AboutFinance Guy Expertise 1. All questions relating to finance
2. All practical aspects of mergers and acquisitions
3. Many general business questions
Experience Considerable experience in the area consisting of 25 years in both consumer and commercial finance and business management, including 15 years specializing in international Mergers and Acquisitions with over $100 billion in assets acquired
Education/Credentials Business administration undergrad
Wharton post grad in finance
Awards and Honors numerous corporate awards
Past/Present clients range from small enterprenurial companies to large multinationals
Question Hi i am looking into buying a coffee shop. The business is in a leased space and it is for the business and property that they own in the leased space. They are currently asking $70,000 for it. I am not in a position to have money to put down on this and am wondering if you have any ideas where I might be able to find financing for this if possible. If you have any ideas please let me know.
Answer Here is an idea...
Consider why Starbucks is closing 1,000 coffee shops...
Consider why this on eis up for sale...
I would think that if it were a good business, a good location, a money maker, it would never be for sale.
Reconsider.
It may be the worst bargain that you may be able to buy.
