I was down at the office yesterday going over some of the new deals that we will be looking at this week. You see, we have been looking at a retail store chain in our area that has had a number of fires in their stores lately and they are looking to sell.
Now, you might wonder why anyone would want a company that is burning to the ground, so to speak. Well, according to the store reviews, the return on most of their stores is good. I mean really good. A good return on investment is essential in this transaction and according to these numbers that we have, the stores are good performers.
You probably still don’t have the fires off your mind, do you? Well, let me address that. According to the insurance reviews that we have, there is an ongoing investigation into the management of the company for insurance fraud as all the fires were arsons.
The benefit for us is that in this time of turmoil, the company can be bought at a deep discount. So, we are going to be deciding in the first few days of this week whether or not the company will be buying it - but I bet we will. We just want to show our new online business academy graduate how we make our decision - it will be part of his training.
