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Buying a online business?

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Old 07-23-2008, 02:06 AM
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Default Re: Buying a online business?

Originally Posted by Racing-Solutions
What doesn't make sense? You don't sell a *profitable* business, you employ it, and do something else if you don't want to be there or do it anymore.

I've bought a couple businesses in the last few years - and 9 out of 10 of the businesses I've seen for sale due to "owner retiring", "other interests", "health problems", etc are typically businesses that are not profitable enough to be self sustaining. This is very common and most people eventually realize they are doing nothing more then employing themselves and want out.

I would be wary.
I think youre right, every way i look at it, its more of a gamble than I would like
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