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What potential business for 100K investment (absentee/part time owner)?

I'm somewhat skeptical when I see offers of businesses for sale. If someone owns a profitable businesses (especially as an absentee owner), why would they want to sell it?

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We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

Kindly acknowledge receipt of email.

Thank you.

Yours Sincerely
Jesse Peterson
phone: (980) 239-7539
email: info@interventionmortgagefirm.com
web: http://www.interventionmortgagefirm.com/

Jun 10, 2017
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Being skeptical is a good thing. There are a few (very few) legit, profitable absentee owner sales available. Sometimes sickness, relocation or just plain burn-out play a part in an owner getting out of the business and passing on a great deal. At times, owning a business is like getting mugged, you just say take whatever you want! I'm tired of fighting, just get it over with.

Finding this situation is rare, but it does happen. Many small business owners work around the clock and often have to many "irons in the fire". They may just panic and say " I know I should keep it, but I just don't want to fool with it anymore." All that being said, it could take a year or more to find something that is a mostly absentee owner type of business that will really be a fit for you.

Most "absentee" owners spend much more time running the business than they tell you they do. And you still have the worry of: will my manager quit, is the place clean/safe, are they stealing from me, am I gonna get sued over something, are they taking care of the customers.... Like any business, an absentee owner usually has plenty of headaches and problems to deal with. I've found that you can get sucked into working the business full time because you see how much more money you could make if you ran it.

Good luck and STAY SKEPTICAL!!!

Mar 11, 2011

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