Is bizbuysell legit? I don't see why I couldn't work for several years, save up 200k and buy a successful business

Is bizbuysell legit? I don't see why I couldn't work for several years, save up 200k and buy a successful business.

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maybe if you work in business valuation or are smart already in business/valuation. I havent looked at the site but people generally think their businesses are worth a lot more than they are, or they sell out to private equity without having to go on such a website

source?

instead of slaving away to get the 200k in the first place just slave away copying their idea from the ground up. much cheaper and more meaningful to you since you grew up with it, you'll be able to adapt with it and know all it's quirks.

rather than just hopping into an industry after spending 200k and having literally no experience in it.

Nah it works. Better deals on Craigslist. I found a lady that had staffed 3 too many people and was paying 2x rent for our area.

Fired those people and moved to a cheaper location and the business went from her taking 10k a year to me taking 65k a year.

Buying a business that has a service cornered is better then competing for the typically small space.

Like if you pay 200k for a business that does 260k in sales and makes 60k in profit you are much better off then moving nearby opening a shop that takes 80k in sales from them and makes 30k in profit. You won't bleed them out you just not make enough for a good service and neither will they and then people will just go online.

How is that a better idea? You are saving up money to avoid the shitty beginning years.
>No experience
Most of the sellers offer to train you. Just get it in writing.

that pajeeta is better than the whites

they're not "shitty" beginning years, lol.

businesses are not magic money printing factories. you need to be good at it, you need to have an interest in it.

>There are no shitty beginning years
I would say working 50 hours a week for rent money is shitty...

stop replying, you've never owned a business or worked in one besides as an employee. gtfo the thread retard.

Why are you so upset? Also, why do you think it is a better idea to do a race to the bottom against an established business instead of purchasing it?

OP you're probably some retard that thinks he can just hire a really good manager and sit back on your fat boomer ass raking in profits.

You're a fucking retard.

You're an idiot who thinks it is better to """work your way up"""

where did your 200k come from?
hurr durr shut the fuck up child.

You seem to be very impulsive and not have very good control over your emotions. That has me believe that you are not a reliable source of information regarding the topic...

lol that sites probably filled with idiots like OP that thought it was the golden key.

but then they found out they had to work really hard to keep it going, and they weren't passionate at all about it. so they resold it at a loss.

>Would buy a business sight unseen
Lol

I know this is something I’m interested in (buying a business being run like shit and turning it around) but the task of figuring out which businesses are being run like shit seems daunting to me. How did you identify this?

what the fuck? you are such BRAINLET

good luck kek

See

>You ladies are looking great today!
Walks away.

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>your banter posting on chan is making me uneasy

LOL fuck off reddit

make sure to do a second lap later in the night ;)

Are you from a country that does not speak English as a primary language? If so, you are really not qualified for this discussion. You write like those people who are ironically Pajeet posting.

hey atleast the pajeets and chinks know how to grind and recreate something from the ground up instead of inheriting all the hard work from a better man than themselves.

I was right!

how much LINK do I need for the chance to lick their feet?

you will never be right about anything, wannabe

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Is that supposed to prove something? You could live in corrupt, slavic country.