Florist Purchase Advice
Shop has been in business for over 21 years w/ excellent reputation. Gross sales are $500k a year, with no wire services. They do very few weddings and most of their income comes from an adjacent funeral home. Small town of about 11,000, thriving community. 3 florists in town, one going out of business. He wants $225,000 for the business and inventory, but not the building. How do I know if this is a good deal?