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buying a dog grooming business

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  • buying a dog grooming business

    Hi everyone I need some advise ..I am in the process of talking to someone about purchasing there business, how do I know if there price is an accurate estimate . and do you purchase clients ? the business has been around for 7 years.someone told me you can 't actually purchase clients because you can not be certain those people will come to you . Anybody who has been through this I would appreciate your imput . Thanks
    patches mom

  • #2
    You should ask for 3-4 years worth of the most current financials/tax returns for the busness and take them to an accountant/attorney and they can help you determine what the business is worth as well as protect your best interest.

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    • #3
      there is an AMAZING article on the home page of this forum about purchasing an existing business.. worth a read!

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