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Thanks for that article. Now on an outer look i understand the people running this postoffice are making money but when i read article like this, it somehow puts me off. I am still researching very deeply into this. Its proving to be a tough decision.
Thanks Lancashireman, Christine and Vectis for your valuable advice. The more i research on it, i get more of drawbacks. So i am considering dropping it down. Just cant get enough of positive points to go forward. Will keep you updated about my moves regarding this.
I have made an offer for 60k which they declined anyway. But i am not willing to pay any more than that. The plus point is that its near by my house, and i know the area well. I don't know if this will be of any help to you but want to say that their son is an accountant who is taking care of...
ya that's right. Their net profit is coming to 48k after all expenses and tax etc. But the amount they are asking is 120k for lease hold. That is what I am stuck at. Do you think its that worth? Anyway thanks a lot for replying. Appreciate it
Hi there
That was helpful. But not sure if that alone is needed to calculate. I heard from some other people that the turn over, net profit and things should be taken into account, but none of them have any clear idea of those. so i am in middle of everything. Do anyone have more ideas to it...
Hello All.....
I am planning to buy a post office with convenience store. Being new to business I am not sure how to calculate the lease value of the same. But asking price for the same is way too high when compared to the same size business property which is on the market. Is there any way to...
Hello All.....
I am planning to buy a post office with convenience store. Being new to business I am not sure how to calculate the lease value of the same. But asking price for the same is way too high when compared to the same size business property which is on the market. Is there any way to...
Hello All.....
I am planning to buy a post office with convenience store. Being new to business I am not sure how to calculate the lease value of the same. But asking price for the same is way too high when compared to the same size business property which is on the market. Is there any way to...