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Can you fire sale a business that is not profiting to try and make something back from your investment?

My business is struggling and I am looking to get out of it due to a long-term family emergency. Looking to go back to school and find a regular paying job until I graduate. Is is possible to "fire sale" a business that is in the red some but still grossing something (just under $100K) to try and get back a small part of my initial investment? If so, how do you list it?

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Answers (4)
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Hello, Buy a Business. Yes, it is a brick and mortar. Is that something you would still be interested in?

May 19, 2012
Buy-a- Company

Monica, the short answer is, "Yes, it is possible." Of course, we would need to know much more about the business model, assets, inventory, expenses, etc. We have buyers looking for websites. Or, is this a brick-and-mortar business?

May 18, 2012
David Consigli
Boston Advisory Group, LLC
Norfolk County, MA

Monica,
Like anything, it depends. Is the owner getting any benefit out of the business, some people will just buy a job. REally digging into the cash flow would be key and the type of business it is.

May 18, 2012
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The BAF Group LLC
MD

Sorry for your difficulty. By "fire sale", it depends on your definition. If you are trying to sell the buisness itself, you can do it here. If you are selling things like equipment and furniture, I would do it on Craig's List, but keep in mind that things like kitchen equipment for a restaurant do not bring in much. Many times, things like that sell at 10 cents on the dollar, in part because of how much is costs the buyer to move them. Good luck!

May 18, 2012

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