35cents
Posts: 1
Joined: 1/4/2011 Status: offline
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I have a small part-time business that I started from scratch 15 years ago and due to the advent and proliferation of cell phones (you guessed the type of business it is), my business has been in a steady decline for several years. My current net revenue is about $25K per year out of about $50K gross, not much in the way of assets and no debt. It takes very little time to administer, but I want to sell before the business revenue falls too much and the business is perceived to be worth little. I have an outstanding offer of $50K - $35K down and $15K to be paid over the next 2 years at 5% interest. Any thoughts?
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