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How much was it making when you bought it? What is the profit margin? Have you recouped your initial 100k investment? I've always been curious about Microacquir
by ryanSrich 5y ago
How much was it making when you bought it? What is the profit margin? Have you recouped your initial 100k investment? I've always been curious about Microacquire, but the risk seems very high.
- rco8786 5y agoI only closed a few months ago, things have just been flat mostly since I took over. The previous owner had done very little marketing. Still figuring it out. I have not recouped yet, obviously. Profit margins are like 80-85%. But it’s no riskier than buying a biz elsewhere IMO