An existing franchise business with excellent equity built in.
I am inquiring about an existing business (Cold Stone Creameries franchise). Records indicates an average annual income of $169,000. The owner is asking $49,000-according to the information sheet on the property. This would be my very first investment deal. I am undecided whether to hold or resell. I would appreciate any information that I should be aware of in this type of transaction specifically, any "red flags" I should look for, specific questions to ask, etc. Thank you in advance.
Originally posted by @Cecil Russell:
Thank you very much. That just saved me from making a huge mistake.
What ever came of this deal Cecil?
Originally posted by @Marylynn B.:
@Starr Ango I just saw a TIm Horton's for sale in NY!!
We have a client looking at a Tim Horton's here in Columbus Ohio. Did you end up purchasing that deal? Would love to learn more about what happened to this deal
Shocker.. You will never see a Tim Hortons for sale in Canada..