>
>You need to figure your expenses against those sales figures.
>If your expenses are $300 a day (supplies, rent, payroll,
>taxes, loan, etc) and you make $500 a day is that an
>acceptable profit for you? Was the current owner turning a
>profit? If he's making so much money why is he selling?

He's selling because he has more work at his home shop than he can handle. I saw that for myself, and he just doesn't want the hassle.

>
>Do you have experience in this field? Will the training
>provided be enough? I assume this isn't a franchise so what if
>you need further training or direction? Are you on your own?

Kinda yes, kinda no. There will be lots of self teaching and he will teach me the basics. If I get it I will be combining this business with my existing custom t-shirt business.
>
>Keep researching until you're satisfied you have enough
>information to make an informed decision.
>
>And don't forget your business plan! If you need to go for
>financing you need a business plan.

I talked to him about it the night after I wrote the original message. He has a gentleman trying to get financing through his bank. If that falls through, he will finance the business for me. I didn't realize that the guy who owns it now is a customer of mine in my current job... could be a plus. But I've found a way to get ankle deep into the vinyl business myself for about 1000 which is what we used to start the t-shirts..thinking we may go that route.

Thanks
Ron