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If the owner is just retiring then no true concern, but if he/she is selling because of low profits, then questions are then turned to us as new buyers. Are we able to increase customer base so that profit is increased? We do not want to end up like the last owners in a year or two.
What additional data might be helpful to you?
It would be beneficial to see past year's financial statements to see how the business has, with a bit of luck, grown. Seeing the financial trends of each business over the same period of time would allow my partners and I to see where the business ought to be advancing towards in the future...
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