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solutians

Member Since 19 Jul 2008
Offline Last Active Jul 25 2008 04:03 PM
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Topics I've Started

Due Diligence

21 July 2008 - 04:33 PM

I am a newbie that wants to make as few mistakes as possible and become profitable as quickly as possible. In trying to do some due diligence I feel like a hampster in a wheel, I'm moving fast and not getting any where. I smell rip off from most machine sales people, get contradictory info on projecting sales and margins based on employees and customers at locations. I am also getting oposing views on establishing a reasonable purchase price on an existing route that has 6 locations, 11 machines and is suposed to be doing $700.00 average weekly sales, but I have not seen the books ( the asking price is 25k). Any opinions or ideas would be greatly apreciated.
Thanks
Solutians

Genesis machines ?

19 July 2008 - 09:39 PM

What can anybody tell me about Genesis machines. I have found a few used units but am a newbie and do not want to start off with a problem machine. Any help will be greatly appreciated