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I could even pay you to get my business and it's debt. Closing business have creditors most of the time. You can't really buy them.
by rnotaro 6y ago
I could even pay you to get my business and it's debt.
Closing business have creditors most of the time. You can't really buy them.
- MattGaiser 6y agoCreditors want their money back, so they might accept an offer.
- greedo 6y agoDepends on their position. When my restaurant went under, we had a pretty hard lease with the landlord, and he wouldn't budge one iota. After 6 months of paying the lease, we were finally able to negotiate 15% off the remaining term.
- itake 6y agoYou could sell me the assets and maybe employee contacts. I could also negotiate with the landlord new terms for a lease .