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Buying a Company - thoughts?

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JM35

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Hey Guys,

Ive been looking into buying a business with my brother, it is an OEM automotive parts dropshipping business.

The company is about 3 years old and has been declining, as you can see in the attached files, as the owner has been focusing his time on his other business rather than marketing this one. I see potential for growth back to where it used to be with proper marketing and SEO. It is a very competitive market though, but the business has already built a decent customer base.

I went ahead and attached the Profit & Loss sheet as well as overall revenue sheet and analytics overview.

What are yalls thoughts? Any concerns?

Thanks for the input

View attachment analytics.pdf
View attachment totalrev.pdf
View attachment 892022.xls
 
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Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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