Request at least 3 years of profit and loss statements, tax returns, and sales records.
Understand why the owner is selling. Is the bar profitable but the owner is retiring, or is the business failing due to poor management or a bad location?. buying an existing bar business
Ensure the location isn't a "graveyard" where multiple previous operators have failed. 2. Due Diligence: The Crucial Investigation Request at least 3 years of profit and