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Need Help with Dry Cleaning business

There`s a Dry Cleaning business for sale for only $15,000. Reason for it to be so cheap is that the husband is getting very sick and wife does not have time to run the shop. Everthing in the shop is still good except the dry clean washer needs to be updated. There`s a new law stating Perc is not legal in CA starting November 07. It`ll cost me 40K to 65K to get a decent dry clean washer. Location is great. Owner says they were making 12K a month gross. Net 4-6K. This is without any advertising and all the business came from walk ins.
What should I ask the broker before buying this business??? You`re help is greatly appreciated
What should I ask the broker before buying this business??? You`re help is greatly appreciated
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Comments
If business was that good, these thing should match.
Spend couple of hours watching customer come in and out without notify owner.ustar2007-8-30 18:1:9
Look at Water bills and also ask a water expert how you can measure and calculate water flow and water efficiency. Tax returns can be falsified, be warned!!