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What’s your recommendation..
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I have an option to purchase a butchery for around 800k. $600k for the 200sm building industrial and $300k for the business and all assets, turns over in revenue $1.4m, however books are fudged with lots of cash in hand and wages not visible. By my calculations it will cost $1.3m which is being realistic.. has several streams of income with larger businesses (aged care, child care and restaurants), pet mince, over the counter sales and larger bulk orders.. understanding there isn’t great profit margins in this business and high risk should u be looking elsewhere for business opportunities? I’ll will be lending against my property with $100k in savings.

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4 weeks ago