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Showing results for tags 'Takeover of small business'.
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Okay, so one of our masseuses told us that her boss is likely to sell the business. This was about a month ago. She contacted me tonight and told me that two other parties have started discussions with him. The background is that the owner is a young chap, mid twenties, who spend lots of time on gaming and gambling on the Internet. As a result, he owes the landlord money plus and has not been timely with paying his employees. Therefore, he needs cash to "redeem" himself. Out of the 3 employees, I know two them, a woman and a man, as they used to massage me until they left to join this guy about 2 years ago. I'm closer to the woman as I know her earlier and she massaged my kids and myself more than the man. So the question is that what pheros should I wear as I really want to purchase over the business not I don't want to pay too much over the other two bidders. I'm keen in taking over the business as an investment option although my entire family loves massages. There aren't too many shop lots for rent in the compound and the workers have been working in within the compound for at least five years so they already have clients of their own. Finally, many of my colleagues live in the same area and I will be able to gain more new businesses.
