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onelifeliveit
#1 Posted : Friday, October 26, 2012 2:27:10 PM
Rank: Hello


Joined: 10/26/2012
Posts: 2
A profitable Events Business (~160k net per month & with existing clients) for sale. Price 2.4 M. Email:wacerangina@gmail.com
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samsa
#2 Posted : Friday, October 26, 2012 4:48:26 PM
Rank: Member


Joined: 5/7/2009
Posts: 155
onelifeliveit wrote:
A profitable Events Business (~160k net per month & with existing clients) for sale. Price 2.4 M. Email:wacerangina@gmail.com


Why are you selling it if its such profitable. Employ staff to run it for you if you have no time to manage it.
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Mastermind
#3 Posted : Friday, October 26, 2012 5:52:29 PM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,624
Location: Langley
samsa wrote:
onelifeliveit wrote:
A profitable Events Business (~160k net per month & with existing clients) for sale. Price 2.4 M. Email:wacerangina@gmail.com


Why are you selling it if its such profitable. Employ staff to run it for you if you have no time to manage it.

My thoughts exactly.

If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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kenmac
#4 Posted : Saturday, October 27, 2012 10:29:11 AM
Rank: Elder


Joined: 5/26/2009
Posts: 1,793
wapi QW to answer this
......Ecclesiastes
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XSK
#5 Posted : Saturday, October 27, 2012 7:57:55 PM
Rank: Veteran


Joined: 12/8/2009
Posts: 975
Location: Nairobi
kenmac wrote:
wapi QW to answer this


QW banished for good apparently! who will take over?
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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mawinder
#6 Posted : Sunday, October 28, 2012 6:30:52 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Who is QW?
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kiriita
#7 Posted : Sunday, October 28, 2012 12:40:46 PM
Rank: Member


Joined: 4/20/2008
Posts: 437
At the risk of sounding naive and while I don't hold brief for the thread starter, aren't there ever occasions when owners of profitable businesses dispose of them?
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Lolest!
#8 Posted : Sunday, October 28, 2012 1:14:30 PM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
kiriita wrote:
At the risk of sounding naive and while I don't hold brief for the thread starter, aren't there ever occasions when owners of profitable businesses dispose of them?

there are. e.g. Need to invest in more profitable/lower risk ventures.
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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Impunity
#9 Posted : Sunday, October 28, 2012 1:43:17 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
onelifeliveit wrote:
A profitable Events Business (~160k net per month & with existing clients) for sale. Price 2.4 M. Email:wacerangina@gmail.com


Your user say iy all about you.
Fleece all the hapless wazuans since you only have one life which you wont mind how your neighbor feels as long as you live it,your life.
Goodluck!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Kaka M
#10 Posted : Monday, October 29, 2012 2:29:29 PM
Rank: Member


Joined: 4/18/2011
Posts: 459
mawinder wrote:
Who is QW?



You should know people!! I hope one Nancy is not a Wazuan else you might have to beg for mercy.

Meanwhile @ onelifeliveit welcome to Wazua, all the best with selling the biz I hope it's genuine you see Wazuans r already raising their antennae.
I think as expressed by some members so many businesses that are sold are profitable. Unless an IPO is not sale of Part of a business.

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mawinder
#11 Posted : Monday, October 29, 2012 2:48:33 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Kaka M,you have not answered me but you have just quoted Nancy Baraza.
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Kaka M
#12 Posted : Monday, October 29, 2012 4:40:50 PM
Rank: Member


Joined: 4/18/2011
Posts: 459
mawinder wrote:
Kaka M,you have not answered me but you have just quoted Nancy Baraza.




A Wazuan whom I understand from some post has been banned from Wazua, he would most times be the first to "Shout" Scam! everytime something looked suspicious. At least that was one of his qualities.
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mawinder
#13 Posted : Monday, October 29, 2012 4:55:19 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Kaka M,now am curious kwani which post made him to be banned?
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Kaka M
#14 Posted : Tuesday, October 30, 2012 2:27:44 PM
Rank: Member


Joined: 4/18/2011
Posts: 459
mawinder wrote:
Kaka M,now am curious kwani which post made him to be banned?



Search Wazua for this User name: QW25091985, You will see many of his posts.
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onelifeliveit
#15 Posted : Friday, November 02, 2012 11:09:24 AM
Rank: Hello


Joined: 10/26/2012
Posts: 2
Hi Wazuans,

The above response noted. Quick response to raised questions:

i) Why are you selling it if its such profitable. Employ staff to run it for you if you have no time to manage it.

Answer:
Am relocating. The business already has staff.With my absence (from past experience), it is the kind of business that can be grounded in months if the owner is not there to steer it.

ii) At the risk of sounding naive and while I don't hold brief for the thread starter, aren't there ever occasions when owners of profitable businesses dispose of them?

Answer:
I know of none. Never bought a business, never sold one. I will let you know how it goes and also share my reflection later on.

iii) On Genuineness.
The buyer does due diligence.Who would buy a business without accessing all the legal documentation,books, bank statements, tax returns etc and also talking to past and existing clients?
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