Thought you were in real estate, and you want our thoughts. If you have $75,000 cash, which I know you don't, so you would have to borrow it from your kin or loan shark because a bank is not going to give it to you. The guy's health problems are from not having any work in Naples and driving around in his 8 year old Astro Mini with no AC. So I say buy it, sounds like a good deal for you.
Knowing you Addie, I'd do it.
If you can get $12. a square for banners, I'm sure you can flip that place for $375,000.00
For cripe's sake..... the entire package isn't even worth $35,000...... and you're wondering ?? You must see dollar signs in everything you see, that you don't have. Like others have said, stay in the real estate world and keep filing for your Mom and wife and just tend to the $100 2' x 4' banners. You'll make a killing there. Maybe your kid will give a black eye in the other eye.
I am not planning on buying it for myself. Cash isn't the issue.
I don't have any interest in owning my own shop. I am always on the look out for something that I can turn over. This popped up on my radar.
As for being in Real Estate I can evaluate the building but, we are not business brokers.
That is why I asked simply if it was worth looking into further for some quick profit from some guys that know these machines and operations etc...
Damn, apparently this place is eat up with mechanics, lawyers, and investment brokers.
Business Owners with experience more like.
You mean job owners with opinions.
Something you can turn over...
hmmmm, let's think about this. You turning it over meaning you want to make monies on it..
Turning it over would literally require you working there for 3-5 years to increase the sales of the business,(let's be serious - that's not happening) which in turn would be you buying it for yourself.
The fact you asked if it's worth it without seeing any type of financials raises a huge red flag that you're a little out of your league in the business department. A simple craigslist post wouldn't be able to tell you that, and neither could we.