- Jul 26, 2007
I found a business that I like. It is a tanning salon that rents space to a massage therapist. There are a total of 3 employees who do a great job running the place. I am told that the owners are never there as they have another business and three children. The asking price is $140k which includes everything including the building. According to the owner they have over 600 customers and net $1600/month. I figure if all things are equal, my new debt service would be around $1000/month. ...I have bounced around a lot trying to figure out where to start and what to focus on and I like the idea of building a business that supports my RE. Any thoughts?
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