What are the advantages to purchasing existing donut shop

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Suppose you have the opportunity to purchase a profitable existing donut shop. The existing donut owner wants more for his donut shop than you think it is worth. You know that you make better. What are the main financial considerations in valuing an existing small business over a conceptual venture? tasting donuts at a better price than the existing shop and can open your own shop in the same town for half the price of purchasing the existing donut shop. What are the advantages to purchasing the existing donut shop versus opening up your own? Based on the information provided would you purchase the existing donut shop? Explain why or why not.

Reference no: EM13846215

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