▲ 8 r/smallbusiness
Should I buy this business?
Considering buying a small children indoor playspace. It’s been in business for 7 months, profitable about 4 out of 7 months so far.
Selling price is 85k, broken up:
55k assets
9k brand goodwill and community equity
20k of personal loan from owner
Of course we don’t want to pay for the personal loan, so we plan on offering somewhere like 60-65k.
I’ve identified theres a lot of potential in the business to grow revenue more. But even in current state, its profitable already which is promising.
Owner selling due to burnout and not really good at the “business” side of it.
Is this a good buy?
u/thunald — 12 hours ago