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Ask HN: Has anyone bought an abandoned business?
14 points by marto1 on Aug 15, 2021 | hide | past | favorite | 1 comment
I've been eyeing one for a while and was wondering if anyone else was dealing with the same ? How did it go ? What to look for ? Red flags ?

Both digital and physical ones welcome.




I listened to a pod of someone who bought a restaurant, and it ended in (predictable?) disaster.

They had all these bright ideas, but quickly realized 99% of making the business a success was 'making the trains run on time' -- staffing, repeatable processes - documented, etc.

Also, all investors/owners had to be bought in equally or have that all talked out.




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