[amayausers.com] Re: Business Purchase
- From: "Margaret " <wishesinstitches@xxxxxxx>
- To: <amayausers@xxxxxxxxxxxxx>
- Date: Sat, 10 May 2008 18:52:24 -0700
Dear Darlene,
One of the things you need to be aware of is that when you purchase
equipment from someone else, you will be required by the maker of the
equipment to purchase a transfer or relicense fee. Every software and
machine company requires this so you can get continued support. Be sure
that you discuss this as part of the purchase price. If not the company
will not provide you with support if machines break, have issues or are
still under warrenty. Call the machine company directly and find out and
then discuss with the business owner. I would also ask about types of
clients, types of garments. Consider what training you might need to add to
what you already know. I would also find the age of the equipment and check
with the company, ebay and resale equipment companies to get an idea of what
is a fair price.
Margaret
From: amayausers-bounce@xxxxxxxxxxxxx
[mailto:amayausers-bounce@xxxxxxxxxxxxx] On Behalf Of Darlene Weber
Sent: Saturday, May 10, 2008 2:15 PM
To: Amaya
Subject: [amayausers.com] Business Purchase
I have been approached to purchase an existing embroidery business due to
the owners health issues. Can someone give me some ideas of what and how to
make sure the asking price is reasonable??? What do you need to find out
other than the normal questions???
Any ideas will be greatly appreciated!
Darlene
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