i am looking for a private investor, to help buy an existing bussiness in france.?
Tuesday, January 26th, 2010I am looking for a privare investor, to help plug the gap between a bank loan, and the asking price. The amount i need to find privatly to buy this business is 180,000 euros. Thus just under 130,000 sterling.
The business is a bar in the french alps, and has been turning a good profit for many years. There is no building work to be done,as the present owner has done every thing neccessary. The terms of sale are for the business and the contents of the bar as they stand today. But not the walls, as is normal in france. Thus rent will be paid on the walls, for an eventual sale. Thus the plan to own both the business and the walls, in the comming years, and further discussion with the present owner. Any advice on this matter would be most welcome.