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Old 10-14-2009, 02:23 PM   #7 (permalink)
kbsunlover
 
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Join Date: Oct 12 2009
Location: Washington State
Age: 38
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Re: HELP ME!!! Maybe Purchasing First Salon!!

Right now, the books look like ****. The current owner knows this and so do I, and I'm the potential buyer. But they only looks so bad because of the reasons I posted in the original post. But as a current employee of the salon, I can see what we bring in daily, monthly, yearly, and the money is THERE. But because the books look so bad, I can't take them to a bank. Because they lied so much on the books, when they dipped into the money to live off.

Any other suggestions as to how to be financed? I'm thinking I'm definitely going to re-negotiate the price.
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