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From what I know about you you're more experienced in analyzing this stuff than me. I have been involved in a few business buys in the past, and I automatically build in a pretty high bullshit assumption when talking to prior owners. No matter what they say, I always assume it will be a major turnaround project.
136 sats \ 1 reply \ @grayruby 25 Jul
Agreed. The hang up is I want sales data directly from the pos system to consider moving forward and they want me to take their bullshit spreadsheets at face value.
My argument is just give it to me now because you are going to have to give it to me eventually and the sale will just fall through and it will be a big waste of our time but I guess they are counting on sunk cost and whoever buys already being too far down the road to turn back.
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Love the no-nonsense approach.
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76 sats \ 1 reply \ @Wumbo 25 Jul
I can not find the post at the moment but there was talk of buying a minor league baseball team in the StackerSports territory.
I am just saying! Think about it.
Could be a good retirement job.
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That’s a long term goal of mine.
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