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Hey Guys,
So I've mainly been looking for online stuff as it seems to be more passive but I've recently come across an opportunity that interested me and I would like to hear your feedback/insights.
The business is a laundry linen service in a resort town. netting 90k for operating 6 days a week. There is no premises its essentially just a van with contracts to the main resorts.
I was thinking of just paying a driver 45-50k to do the 5days then just do one day a week for the extra 40k a year. I could then pursue my online business at the same time. The only thing that raises alarm bells is that the current owner is selling after only running it for a few months.
So I've mainly been looking for online stuff as it seems to be more passive but I've recently come across an opportunity that interested me and I would like to hear your feedback/insights.
The business is a laundry linen service in a resort town. netting 90k for operating 6 days a week. There is no premises its essentially just a van with contracts to the main resorts.
I was thinking of just paying a driver 45-50k to do the 5days then just do one day a week for the extra 40k a year. I could then pursue my online business at the same time. The only thing that raises alarm bells is that the current owner is selling after only running it for a few months.
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