Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
6y
@Mike Patel this is not an RE investment but the purchase of a business, do you want to run a liquor store? My guess is this is owner run, so if you don't want to do that you're probably going to hire at least a couple people to work there. That will cut into the profits significantly. Do you know the liqour license requirements where you are, do you know the other regulations you'll need to follow. If you pass these hurdles you'll want to look at several years of financials not just one.