Guys,
This is an already established business that has been doing decent for the past 5 yrs.
It is also a specialty shop and there are only 3 others in the state.
The main customer base is established and they all know me very well so its not like I would be trying to establish it from scratch.
The way the business is run is pretty straight forward and all I would be doing is tweaking the existing dealings. The first thing I would do is add an internet extension to the business. This would give me an avenue to move inventory that doesnt sell at the storefront location.
The main reason for moving the location would be to save on rent.
Sure the location its in is proven but then again even where it is there are times when you might not see a customer for hours.
This purchase would be basically simple. I would be buying the name and current inventory along with display cases and racks.
So its not like I would have to deal with purchasing the building etc.
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