Partnership Search

[Simon Tamm]

I'm looking to buy a business I work for which has an on-site apartment (which I currently rent) connected to the reception area and live there, minding the shop when not working at my day job as a retail assistant manager. I have some accounting documents with history and projections and a basic business plan, along with experience working for the company and in management in general.

Just to throw around some numbers to get interest, I have about $780 a month in personal positive cashflow after expenses, mid term savings (eye exams and contacts and the like) and vehicle depreciation. The business stands to make between $20-55K a year if I don't pay myself which is my plan short term (5-10 years). Purchase price is over $275K, I have approximately $10K now, and I have approximately $1100 in positive cashflow per month while being paid as an employee of the business and the retail outlet currently.

This is a long term investment for me. I get a home and not-quite passive income from it which can eventually become passive income once loans are paid off in 5-15 years.