Who knows more about grocery retail, and can say: What makes buying an existing store like this preferable to just starting a new store, and avoiding the $300K and 0.5% cut for 10 years?
Who knows more about grocery retail, and can say: What makes buying an existing store like this preferable to just starting a new store, and avoiding the $300K and 0.5% cut for 10 years?
* Established supply chain - Working agreements with suppliers (no need to find and negotiate suppliers) - Working logistics. Scheduling of supplies is sorted, you have reliable delivery slots with all supplies
* Employees. No need to find and train labour.
* Working pay roll, accounting, taxes. No need to create that infrastructure from scratch.
* Know good business model, with auditable accounts. You substantially de-risk the investment, because you have meaningful historical data to estimate future performance from.
* Physical infrastructure already setup. No need to find a building, buy equipment (shelves, tills etc) and setup equipment.
* Business generates revenue for new owner immediately after purchase. No time needed to solve all of the above problems, instead time can be used to grow or stabilise business.