02-13-2014, 09:08 PM
Hmmmm, I'm in no position to tell you what to do with your money so I'm hesitant.
What do you think of the business? I don't mean the financials. You've presumably already looked at those. Is it worth your time to shop there? Bargains? Do others feel the same way? Is the customer mix varied? Is turnover good? Good location that's not at risk of turning into a bad location in 5 years?
The only red flag, to me, is they don't want to use the banks. Is there a reason? Other debt covenants?
Hate to be so cynical.
What do you think of the business? I don't mean the financials. You've presumably already looked at those. Is it worth your time to shop there? Bargains? Do others feel the same way? Is the customer mix varied? Is turnover good? Good location that's not at risk of turning into a bad location in 5 years?
The only red flag, to me, is they don't want to use the banks. Is there a reason? Other debt covenants?
Hate to be so cynical.