Ask HN: Has anyone bought an abandoned business?
I've been eyeing one for a while and was wondering if anyone else
was dealing with the same ? How did it go ? What to look for ? Red flags ?
Both digital and physical ones welcome.
Both digital and physical ones welcome.
They had all these bright ideas, but quickly realized 99% of making the business a success was 'making the trains run on time' -- staffing, repeatable processes - documented, etc.
Also, all investors/owners had to be bought in equally or have that all talked out.